Buy custom Products, Services, and Prices in the Free Market Economy
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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 859 |
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Wabtec has to contend with the inelasticity of price of demand. In general a fall in price of good is expected to increase the quantity demanded. Another risk involved is losing potential customers to its competitors who may offer goods and services at lower price than Wabtec. To mitigate potential risks and provide assurance to its shareholders that controls are in place to mitigate risk, Wabtec should look at the business in terms of the only business of its kinds that specialized in goods and services to the railroad and transit industry...
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To mitigate potential risks and provide assurance to its shareholders that controls are in place to mitigate risk, Wabtec should look at the business in terms of the only business of its kinds that specialized in goods and services to the railroad and transit industry. Wabtec has to consider the major risks involved...
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