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| Topic: |
Business
|
| Number of pages / Number of words: |
11 / 2821 |
Essay's paper body
The
two ways that a company can compete are to either accept lower profit margins or reduce
labor cost. Considering manufacturing facilities are in business to make money, lower
profit margins are not the most likely way a company will chose to compete. This leaves
a reduction of labor cost as the most likely method of competing...
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This leaves
a reduction of labor cost as the most likely method of competing. Two ways to reduce
labor cost are to either lower wages or the number of employees needed to manufacture a
product. Employees are not likely to accept pay decreases, so reduction of the number of
employees is necessary to reduce labor cost...
Essay fragment
General points of the essay
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