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Engineer

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Issue:

Business

 

Written by:

Shirley H

 

Date added:

May 21, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1740

 

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3079 times

 

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Other reasons have also been: expertise of the private companies, fewer capital funds needed to start the project (in case of new projects) and less resources needed from the government to control the day-to-day operations from the company. Water supply systems have also been a target for privatization in many countries, especially in low-mid income countries (see figure 1)...
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For improving the economic results of a firm there are two possibilities a) reducing costs b) increasing revenues: a) Reducing costs: This is normally attained in two ways for water companies, utilizing more efficient modern equipment which per se doesn’t imply any ethical problem (but this has an attached higher investment cost) or reducing labor cost, which could lead to difficult decisions...
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General issues of this essay:
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