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October 25, 2014

Homework Help: Downsizing and Fixed Costs

Posted by George on Thursday, November 18, 2010 at 1:25pm.

Industry downsizing has been a major part of the corporate world, even government agencies are downsizing. GovernmentExecutive website "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?

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