Budget dilemma is event planners’ biggest challenge
cost What is your biggest cost-related challenge? The dramatic increase in the cost of self-driving after the pandemic - described by planners as "astronomical", "ridiculous" and "unreasonable" - has left planners feeling trapped, with little flexibility to use external supplies due to exclusive agreements business. Planners have expressed frustration that venues and hotels are cutting services while raising fees, leading to growing feelings of unfairness and dissatisfaction. References to “hidden fees,” “resort surcharges,” and “significant drops in service” suggest planners were blindsided and frustrated with the service providers they relied on. Planners say they often discover hidden or unexpected expenses after budgets are finalized, leaving them scrambling to pay for them. Inflation is a pervasive problem that compounds planners' dilemma. Costs are rising faster than revenue or registration fees, leading to a sense of helplessness. The common theme of “budgets go down, expenses go up” reflects planners’ dilemma between sticking to tight budgets and meeting attendee’s high expectations. Labor costs,…
China: Pentagon caught up in Huawei dilemma as ‘ridiculous’
In July, the Chinese Communist Party’s flagship English-language newspaper ran a headline commenting: “U.S. ban on Huawei will ultimately backfire,” reporting that the U.S. Department of Defense was working to secure a waiver from a 2019 law that bars the U.S. from doing business with any entity that relies on technology from the sanctioned Chinese telecom giant. According to Bloomberg, the Pentagon is seeking to formally lift its ban on contracts with anyone using Huawei equipment. It said: "The reason is that..." Continue reading Subscription Features Export Compliance Manager Addressing the issues and challenges that keep trade compliance professionals up at night…providing insights and solutions. Export Compliance Manager Sharing the expertise of experienced professionals, readers can master the best practices in trade compliance and help achieve real business advantages. Export Compliance Manager Commending trade compliance professionals for the valuable contributions they make to their companies, their communities and international security. Subscribe Login The post China: Pentagon in Huawei limbo over…
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