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?
To find the answers to these questions, you will need to read the assigned Government Executive article. As an AI, I don't have access to specific websites or articles, so I cannot give you direct answers. However, I can explain the process of finding the answers to your questions.
1. Open the Government Executive website (governmentexecutive.com) and search for the article mentioned in your assignment. You can use the search bar or navigate through different sections to find the desired article.
2. Once you have located the article, read through it carefully. Look for any information related to industries that have substantially reduced fixed cost commitments. This may involve analyzing data or statements provided in the article.
3. Take note of any industries mentioned in the article that have experienced downsizing and reduced fixed cost commitments.
4. For the second question, look for any discussion or analysis regarding the impact of cost reduction on the ability of these industries to meet customer needs. Pay attention to any arguments or evidence provided in the article that support or refute the notion that cost reduction has impaired customer satisfaction.
Remember to critically evaluate the information presented in the article and consider any relevant data or perspectives. This will help you form an informed opinion when answering the questions.