Downsizing and fixed costs

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Reference no: EM13124876

Industry downsizing has been a major part of the corporate world, even government agencies are downsizing. GovernmentExecutive.com "covers the business of the federal government and its huge departments and agencies - dozens of which dwarf the largest institutions in the private sector" on its website. Read the assigned Government Executive article and answer the following questions:

• Which industries have substantially reduced fixed cost commitments?

• Do you believe this reduction in costs has substantially impaired the ability of these industries to meet the needs of their customers?

Reference no: EM13124876

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