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There are a number of ways through which you can reduce agency costs. Re-evaluation of expenditure and sticking to the budget so as to avoid wastages would be a good way to start.
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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 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
What are the corporate governance problems leading up to the corporate scandals of the early 21st century?
Agency costs
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.
Why are costs important?
They reduce profit.
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.
Which executive agency was created to prepare and administer the federal budget?
The Agency of Federal Costs and Expenses (AFCE)
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.
What do companies use offshoring to do?
Reduce labor costs
How do businesses reduce costs through e-marketing?
At the same time, ebusinesses can reduce costs in distribution channels and physical store space and thus pass the savings on to customers.
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.
Why must you save energy at home?
Mainly to reduce costs.
Which of the following is a business practice used to reduce costs costs by controlling all aspects of production in an industry?
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