Question
Assume that you are the manager of a college Campus Store. Upon reviewing your most recent Income Statement (July 1, 2019 through June 30, 2020)
Assume that you are the manager of a college Campus Store. Upon reviewing your most recent Income Statement (July 1, 2019 through June 30, 2020) you concluded that your expenses are too high. Please list at least 3 variable and 3 fixed expense line items, which you want to decrease in the upcoming year and how you are going to do this. Please discuss benefits and risks (i.e. impacts on customers and revenues) of your cost cutting measures.
As we are currently in a Pandemic, the Campus Store provides online services at this time. However, the plan is that they are back open in Spring semester.
only 150 words please and thank you.
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