Generally, companies use flexible budgets for different levels of production at
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Generally, companies use flexible budgets for different levels of production at different locations. This ordinarily enables the company to respond quickly to uncertain and differing circumstances. On Nucor’s website, please read the 2017 Sustainability Report noting items for successful performance.
Examine Nucor’s website. What do you note on their website that would be indicative that Nucor uses flexible budgets. What is it about Nucor that positions the company to respond well to changing conditions?
In your initial post, answer the following two questions:
What signs or indications did you observe on Nucor’s website that they use flexible budgets? Secondarily, share insights relating to Nucor’s performance from their 2017 Sustainability Report.
Comment on how Nucor’s performance weathered the coronavirus (COVID-19) pandemic.