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Jared Newman Seat F-2 5-12-04 Corporate Cost Cutting: Is it Possible to Implement and Increase Revenue? Any corporation in the world will agree that their long run goal is to maximize profit. In today's fluctuating and unpredictable economy, however, more and more corporations are looking to their quarterly income statements only to realize shrinking revenue and even net loss. Cost cutting becomes an inevitable alternative and a more tricky proposal than meets the eye. Saving on expenses is a key component of profit enhancement. Many corporations over the past few decades have run into distressing problems when trying to implement cost cutting policies, many of which ended with equally devastating results. Limiting expenses overnight is not an effective strategy. It may take months to lay the groundwork for efficient cost cutting methods. But where to begin? When does the cut go too deep? How will you know if you've trimmed off only fat and...

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