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Sometimes an employee finds that he or she is happy with the occupation and the employer, but the job is not organized in an optimal way. What action might be recommended for this employer?
Costly Activities
Actions or tasks that require significant expenditure of resources, such as time, money, or effort.
Extended Inventory
An expanded list of goods and materials kept on hand by a business, including raw materials, work-in-progress, and finished goods.
Decrease Retailer Prices
A strategy where retailers lower the prices of goods or services, potentially to increase sales volume or clear inventory.
Vertical Contracts
Arrangements between companies at different levels in the supply chain, such as manufacturers and retailers, to control the supply and price of products.
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