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This is because tourism sectors are not especially labor-intensive in the Thai context, and because the expansion of foreign tourism demand creates general equilibrium effects that undermine profitability in tradable sectors (such as agriculture) from which the poor derive a substantial fraction of their income.
Won't all these efforts to do more for customers raise costs and so undermine profitability?
The company pointed to increased competition and incentive spending, such as discounts and cheap financing, that can stimulate short-term sales but over the long-term undermine profitability.
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The Treasury believes banks dislike exchange-trading platforms because they narrow bid-ask spreads, undermining profitability.
Danger: Banks could find the extra raid on balance sheets undermines profitability.
In this study, we test empirically the Porter hypothesis and the competing hypothesis that regulation undermines profitability ("costly regulation hypothesis").
The weaknesses became apparent only in the mid-2000s, when Chinese companies began to encroach on Egan's low end, severely undermining profitability.
Cambridge, MA - In a newly-published paper in the Georgetown Journal on Poverty Law & Policy, Quentin Palfrey highlights practical strategies for how pharmaceutical companies can have a profound impact on humanitarian outcomes without undermining profitability of their ventures.
But the reality of rising access to cheap shale gas will in any event increasingly undermine the profitability of coal.
And experts say the recent jump in shale oil production, particularly in the United States, could keep oil prices low enough to undermine the profitability of Arctic exploration.
The more Mr. Ballmer cuts prices, however, the more he may undermine the profitability of Office, Microsoft's flagship product, as well as other products.
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CEO of Professional Science Editing for Scientists @ prosciediting.com