Industry downsizing has been a major part of the corporate world, even government agencies are downsizing. GovernmentExecutive.com "covers the business of the federal government and its huge departments and agencies - dozens of which dwarf the largest institutions in the private sector" on its website. Read the assigned Government Executive article and answer the following questions: • Which industries have substantially reduced fixed cost commitments? • Do you believe this reduction in costs has substantially impaired the ability of these industries to meet the needs of their customers? Respond to at least two of your fellow students’ postings. The impact of downsizing in the business industry can be considered a tool in increasing efficiency, profitability and competitiveness. This is considered to be a popular strategy even though there may be a negative outcome due to the economy. When compared to utility companies, cuts in fixed costs in the DoD are essential in a volatile operating environment. Utility companies have a very stable operating
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This note was uploaded on 07/07/2011 for the course BUS 600 taught by Professor Lee during the Spring '11 term at Troy.