Assembly lines, automatisation, moving production to places with lower salaries,and reduce raw material costs.
Some products are high volume and low cost if they can be produced by machines cheaply and easily from heap products and sold at a large profit margin. The opposite would be low volume high cost items.
Direct cost is that cost which is directly attributable to products like material and labor.
Cost of revenue is the amount spent to sell a company's products.
Electricity cost not a controllable cost. The manager cannot influence this type of expense. To the extent where a cost cannot be managed it is indeed a non controllable, now for electricity, to the extent where consumption can be raised or lowered it becomes a controllable cost. If the consumption can be optimized through processes or equipments it then is a controllable cost.
it lowered the cost of products
Assembly lines, automatisation, moving production to places with lower salaries,and reduce raw material costs.
There needed to be an affordable way to ship products. Better transportation lowered the cost of manufactured goods.
There needed to be an affordable way to ship products. Better transportation lowered the cost of manufactured goods.
Mass Production created a lot of goods that were once scarce. now that these factories were pumping out so many products, there became too many on the market. Companies then lowered their prices so that people would by theirs instead of some one else's. so basically mass production lowered the cost of goods
That if tariffs were lowered the pressure of foreign companies out selling them would make them get better products for lower prices.
It lowered the price of goods.
moved factories to other countries =)
When It First Came Out It Was About $200.00 Then It Was Eventually Lowered To $99.99
It lowered dramatically because it was a huge success.
It lowered the cost of shipping produce from farms to cities
It lowered the cost of shipping produce from farms to cities.