2 ms·
But labor cost increases is a small part of COGS. So this means this feedback cycle you mention is steeply negative and will stop quite soon.
by petra 4y ago
But labor cost increases is a small part of COGS. So this means this feedback cycle you mention is steeply negative and will stop quite soon.
- koheripbal 4y agoThis entirely depends on the industry. In many industries, labor is a major input cost.