All companies love to reduce costs, but this is not always feasible. Environmental factors can cause major setbacks for a given industry. Select a company in an industry that was recently affected by negative environmental factors for which you would like to implement strategies to reduce costs.
Describe the company and the negative environmental factors that caused major setbacks.
What strategic financial decisions would you implement to help either increase revenue or reduce costs?
Be sure to respond to at least one of your classmates’ posts.