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sportswear company
Essay specific features
Written by:
Marilyn R
Date added:
June 28, 2016
Level:
University
Grade:
A
No of pages / words:
2 / 346
Was viewed:
9039 times
Rating of current essay:
Essay content:
Artemis Sportswear must lower its operating costs and increase productivity just to survive. Reducing fixed and variable expenses can be one way to maintain an acceptable profit margin in the company. However, the Artemis Sportswear company must approach cost cutting very cautiously in their own ethical standards and along with potentially compromising company's operational effectiveness in order to stay competitive in today's market...
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For instance, the reasons for the high costs are in their "decisions rights, information and metrics, motivators, and structure." (Erickson, 2007) Thus, they would need to restructure the way that these areas of high cost, to reduce and maintain a low-cost environment.
There are two ways of looking at decision rights, the way that drives up the high costs, and the way that maintains a low-cost environment...
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