Cutting Cost in business without affecting quality.

[Niyi]

Can a business truly cut costs without sacrificing quality? Many companies claim to do so, but is it truly possible to have your cake and eat it too? Share your thoughts and experiences on this topic.

 

[Salt]

Yes it's possible to do that and for this many companies employ different ways like they prefer to leave extra man power or try to reduce the packaging cost.

 

[Kane]

Do you know how much the production cost for a $1000 Gucci bag? It is less than $200. Most businesses are selling for a higher price than their production cost