Artemis Sportswear Company 2

Final Research Paper This proposal is designed to assist Artemis activewear Company in cutting their running(a) expenses to increase pull ahead margins, while considering the effect on workers and productivity. Background In the 1970s, athletic sportswear began to evolve from a product line aimed at belittled and unique markets into a mainstream fashion product (Clean Clothes Campaign, 2004). Artemis activewear Company has helped transform sport shoes and primp into a fashion statement. Today the total worth of the athletic apparel and footwear market is estimated at over 58 one million million US dollars (Clean Clothes Campaign, 2004). Key Problems In recent old age Artemis Sportswear Company has been experiencing a decrease in gross revenue due to the current economy. Artemis now wishes to assess operational expenses and follow ways to increase profit margins. After assessing their bud put we give birth found that the key problems of this company are wasted jab costs, office supply expenses and employee productivity. Alternative Solutions Labor Cost In put up for a company to survive, increase its revenue and reduce its operational costs, it whitethorn need to cut down labor. Labor is considered to be the highest cost within many companies.

Artemis has a lot of printing press on its shoulders to cut down the operational costs. As a business, Artemis can cut down the operational costs by down-sizing the labor force so the company can contend with other sportswear companies. There are two ways a company can down-size the labor costs, one of these is down-scaling the chair labor, and the other one would be to relocate the labor and puzzle cheaper labor force. Artemis does not lonesome(prenominal) want to reduce the costs, tho to remain an ethical company with a good reputation. The only good way for Artemis to achieve this is to down-scale direct labor. The most crude way to down size labor is to terminate employees; however, this may affect the productivity of the remaining employees and affect their morale.... If you want to get a full essay, order it on our website: Orderessay

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