Business expenses play a significant role in impacting company profits and keeping these costs in line is crucial to the long term success of any venture.
Quality Process Overhead – Myth or Reality?
Let us take a real-life example.
The AC in a car is an overhead. It eats into the petrol that is used to run the car. However the benefits and pleasure that the owner of the car derives from the AC far outweighs the additional expenditure in his perspective. His wife may still scold him that AC need not be switched on in the car during the evenings
. Thus an overhead is mostly a matter of perception.