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originally posted by: Nickn3
In a word: Amazon.com
originally posted by: Shamrock6
a reply to: deadeyedick
Being in business to make money (income) as opposed to providing a paycheck (outgoing) to employees for standing around not selling anything is a poor business model?
I'm pretty certain that's not in the curriculum at Wharton, but sure.
originally posted by: Aliensun
a reply to: AnteBellum
On line sales are not going to employ the people or the many support services that brick and mortar stores do. The closed business use a lot of the under-15-bucks-an-hour folks. That is what is driving this cost savings on personnel. Perhaps it is a "better" was to profits for the companies (as Radio Shack is doing) but fewer people working. You really can't have it both ways for long.
Once you outsource the manufacturing, distribution and point of sale - there's nothing left to take. It's all gone.