Forex

An effective manager thinks
outside of the categories of “fixed”
costs and “variable” costs. Don’t
assume that you can’t reduce fixed
costs or that variable costs will be
easy to reduce. For example, sometimes
it’s possible to reduce costs by
converting fixed costs to variable
costs through outsourcing services or
renting equipment as needed. Or you
may think that you can reduce the
time it takes to assemble a unit, only
to find that you’re spending more
time inspecting and correcting.