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Corporations employed various strategies to decrease costs and increase profits, including automation and technology integration to enhance efficiency and reduce labor costs. They also embraced outsourcing and offshoring to take advantage of lower labor costs in different regions. Additionally, companies focused on supply chain optimization and economies of scale to minimize expenses while maximizing production capacity. Lastly, many pursued innovation in products and services to drive higher sales and capture greater market share.

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2mo ago

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The two main goals of corporations were to eliminate competitors and?

Increase profits.


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All non profits are corporations. All corporations are not non profits.


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Profits would increase owners equity, loss and drawing would decrease an owners equity.


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The recommendation of future pricing strategies is actually to increase prices among steady customers. Less investments should also be considered if the company has lost some profits.


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