Jeff Smisek, Chairman and CEO of Continental airlines, talking about unboundling of services and managing them.

Have you noticed the amount of outrages that links with travel expenses? Presidents, prime ministers, ministers and senators are accused daily of travel expenses deviation. Here is just one example-

A common way for companies to simplify travel expense is through the issuance of a “per diem” or daily allowance. Per diem comes from the Latin meaning “per day” and it is a fixed sum established by company policy that an employee working away from home is entitled to. Before a per diem can be established for an employee, the home base of that employee must first be set. For non-field personnel, this home base is usually the head or branch office where the employee regularly works.

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