Question
One of the many responsibilities of a manager in a company is controlling costs. Often, lower prices are tied to higher profits. Suppose you are
One of the many responsibilities of a manager in a company is controlling costs. Often, lower prices are tied to higher profits. Suppose you are a manager at F&J Manufacturing Corporation. Because of the increased costs, you are considering changing your company's product packaging to lower quality, less-environmental friendly packaging. Changing the packaging will substantially reduce the prices of products so that the business does not have to transfer increases in costs to consumers. In other words, if F&J Manufacturing changes the packaging, it won't have to increase the price, and consumers will pay the same amount. But the sustainability issue may arise. What must be done and why?
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