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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 687 |
Essay's paper body
In the long run, it is possible that such consistent monitoring has the potential of costing companies even more money than if their own people had conducted the work.
If an outside group can perform tasks and duties with the same or better skills and competencies of existing workers, few companies would hesitate to choose them over their own workers...
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If a group of employees were made to feel inferior and caused to lack confidence and job stability, a collapse of morale could have severe consequences on an organization. In order to prevent this from happening, companies should perhaps consider cross-training their redundant employees to allow them to fill another position...
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General points of the essay
Activity Based Costing and the Theory of Constraints are, respectively, Overhead Absorption Costing and Marginal Costing in a different guise
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