0
What else can I help you with?
What is the primary reason behind the use of prison privatization?
reduce costs.
Why does e commerce reduce fixed costs?
E-commerce reduces fixed costs because it eliminates or reduces many fixed costs such as location, employees and insurance.
Globalization strives to reduce costs by pooling production or other activities or exploiting factor costs or capabilities within a system?
true
What are the corporate governance problems leading up to the corporate scandals of the early 21st century?
Agency costs
What are is the Solution to excess capacity in a market?
The "solution" is that the manufacturers need to do some combination of the following: Find new markets (or start making new products) Reduce production Reduce manufacturing costs (fixed costs, variable costs, inventory, everything) Increase the perceived value of their products to acheive higher prices or market share) Reduce the price of their products to increase their market share
Why do US companies outsource jobs?
To reduce labor costs
How does sharing peripheral devices reduce costs for a company?
Network allows for the sharing of devices and can reduce costs for a company.
How decentralized organization can reduce its agency cost?
Decentralized organizations can reduce agency costs by distributing decision-making authority, which aligns the interests of managers and employees with those of the organization. By empowering local managers to make decisions, they can respond more effectively to specific situations, thereby reducing the need for extensive oversight and monitoring. This autonomy fosters accountability and encourages individuals to act in the best interests of the organization, minimizing conflicts and inefficiencies associated with centralized control. Additionally, decentralized structures can enhance communication and collaboration, further lowering agency costs.
Which executive agency was created to prepare and administer the federal budget?
The Agency of Federal Costs and Expenses (AFCE)
Why are costs important?
They reduce profit.
Does agency cost interfere with shareholder wealth maximation?
Yes, agency costs can interfere with shareholder wealth maximization. These costs arise from conflicts of interest between management (agents) and shareholders (principals), leading to decisions that may prioritize managerial interests over shareholder value. For example, management might engage in projects that enhance their personal benefits or job security rather than focusing on strategies that maximize stock prices. Consequently, agency costs can reduce overall profitability and hinder the alignment of interests necessary for maximizing shareholder wealth.
In order to reduce labor costs what might a company do?
some companies have outsourced jobs to Another Country as they can reduce labor costs that way.
Why are running costs important?
They reduce profit.
Does computer reduce cost?
You blew a thousand dollars on a computer. Of course you reduce no costs.
Is there a government agency that helps with storm damage repair costs?
FEMA is a government agency that helps with storm damage repair costs and tries to help disaster victims, such as people who have been hit hard with a storm.
What do companies use offshoring to do?
Reduce labor costs
How can you reduce your total loan costs?
You can reduce your total loan costs by making larger payments, paying off the loan early, or refinancing to a lower interest rate.
