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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 306 |
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The productivity gains during 1985-1989 period associated with rapid growth, however in 1989 the recession hit the industry and the company has tried to weather it in 1990, however in 1991 the company has laid off about 20 employees which generated the an efficiency spur. In 1985-1989, increased sales has led the management to hire more people, which in turn increased production cutting costs to a minimum and they became a low-cost leader in the industry...
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The productivity gains during 1985-1989 period associated with rapid growth, however in 1989 the recession hit the industry and the company has tried to weather it in 1990, however in 1991 the company has laid off about 20 employees which generated the an efficiency spur. In 1985-1989, increased sales has led the management to hire more people, which in turn increased production cutting costs to a minimum and they became a low-cost leader in the industry...
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