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You shouldn't have that kind of conversation without speaking also about profits. If there is real competitiveness, a company that suffers shortages of an inpu
by RobertoG 5y ago
You shouldn't have that kind of conversation without speaking also about profits.
If there is real competitiveness, a company that suffers shortages of an input (workers in this case), would see an increase in price and a fall in profits. Did your friend mentioned profits in the conversation?
Because I'm seeing a lot of this discussions where not even profits is mentioned. Including the article we are discussing by the way, where the word 'profits' doesn't appear.
- zz865 5y agoTrue but most manufacturers dont have much profit. Cut those and they shut down. Profit isn't a dirty word, its a bare minimum for the firm to exist.
- RobertoG 5y agoI know that many business, specially small business, struggle. I'm just saying that is surprising how is not even discussed, like if it was not a factor in what we are talking about.