Also, if a business has stockholders, it must become more profitable every year in order to keep them interested… and when it reaches the point where everyone who would buy from it is doing so already, it can’t increase its profits by getting more customers, so the only way to increase profits is to pay the employees less or make the product more shoddy, or both. Which explains much of corporate America.
It’s depressing how many managers really do think this way. If the workforce is able to keep up with the workload, apparently there isn’t enough work.
That is indeed quite sad.
Also, if a business has stockholders, it must become more profitable every year in order to keep them interested… and when it reaches the point where everyone who would buy from it is doing so already, it can’t increase its profits by getting more customers, so the only way to increase profits is to pay the employees less or make the product more shoddy, or both. Which explains much of corporate America.
This so unfortunately true.
Yes.
I feel like this is the way college professors think.