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I thought this was pretty much standard practice in public B2B companies (not the illegal part but pushing sales around). Public companies want to beat quarterl
by fakethenews2022 4y ago
I thought this was pretty much standard practice in public B2B companies (not the illegal part but pushing sales around). Public companies want to beat quarterly estimates every quarter lest investors dump their stock.
So if you might not have enough, you throw switches like promotions and try to get contracts signed before quarter end. If you have more than enough, you slow walk so you get the contract signed right after the end of the quarter so that it makes the next quarter easier to hit.
- jldugger 4y agoTheres a material difference between taking actions to affect how the business will perform in the final weeks of a quarter and lying about what actually happened.