Greatest Purchase Says It Laid Off 5,000 Employees And Will Close More Stores As It Expects 40% Of Sales To Come Back From Online Purchases This Yr, Up From 19% Two Years In The Past Nathaniel Meyersohn Cnn
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Management needs to know how most of the 1,000 units bought are camcorders and how many are TVs. To meet the specter of international competition, management invests in new robotic equipment that will decrease the quantity of direct labor required to make camcorders. The firm estimates that complete mounted costs will improve 30% and that…