ARTEMIS SPORTSWEAR COMPANY
ARTEMIS SPORTSWEAR COMPANY [HYPOTHETICAL]: COST AND PROFIT ANALYSIS [APPLIED RESEARCH PAPER]
Artemis Sportswear Company [hypothetical] has experienced downward pressures on earnings. Company management has obtained a test of merchandise affecting their productivity through getting an finish reason behind reducing operational expenses and, consequently, growing earnings.
Because Artemis Sportswear Company isn’t a genuine company, primary sources concerning the company’s operations cannot be reported during this analysis. Operational data along with other information connected using the hypothetical company during this analysis reflect an amalgam of understanding tightly related to real companies associated with sportswear manufacturing.
The building blocks an enormous quantity of within the pressures on earnings at Artemis Sportswear Clients are centered within the price of products offered, as opposed to promoting or administrative expenses. Inside the price of products offered classification, the main method of getting cost anomalies seems to obtain labor costs, when comparisons come concerning the business’s competitors.
Thus, the thesis in the cost and profit analysis is the fact, to be able to improve earnings, the company must reduce direct labor costs. The issue that has got to easily be clarified then concerns the most effective strategy by which such cost reductions might be recognized. The 2 principal choices (a) reducing domestic direct labor costs or (b) transferring production to reduce cost foreign locations.
Artemis Sportswear Company manufacturers sportswear for women and men, although roughly 60 percent within the company’s production is fantastic for women. The sportswear created through the clients are marketed (a) underneath the company’s own brands and (b) underneath the brands of other sportswear businesses that Artemis Sportswear Company produces sportswear as being a finished goods supplier.
Contract production for other sportswear companies ‘s the reason appr.
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ARTEMIS SPORTSWEAR COMPANY. (1969, December 31). In LotsofEssays.com. Retrieved 10:12, October 09, 2016, from internet.lotsofessays.com/viewpaper/1705999.html
Plenty of Essays. “ARTEMIS SPORTSWEAR COMPANY.” LotsofEssays.com. LotsofEssays.com, (December 31, 1969). Web. 09 March. 2016.
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