Question

what is the most common step taken by the producers to cut production cost

Answer 1

Hi there,

The most common step taken by the producers in order to cut production cost is to decrease the wages of the employees or cut the employee number. If they start compromising the quality by buying cheap ingredients to cut cost, they will end up losing their markets and fall into loss. Therefore taking a cost cutting action on the factory workers is considered to the most effective and hands on method to cut cost.

I hope the answer is helpful.

Thanks

Answer 2

Answer:

The most common step taken by the producers in order to cut production cost is to decrease the wages of the employees or cut the employee number.