Unformatted text preview: repair shops or find an alternative way of getting their vehicles serviced, the companies will lose profits. If auto repair shops continue to lose profits they may have to lay some of their employees off. It may also simply become an undesirable industry to work in. As stated in our text, companies should recognize predictable risks before they occur, rather than reacting when it may be too late. This is a good piece of advice to the to all companies and those who work for them. Source: Garrison, Noreen, and Brewer . Managerial Accounting. Fourteenth Edition. McGraw -Hill...
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- Spring '10
- Sales, repair shops, example given management