Exact(3)
The agreement, which was instituted last year and comes up for renewal in March, requires that members lower their profit margins, work more efficiently and take other austerity measures to help make development projects more economical in the downturn.
Besides, he argues that this level of profit is necessary to fund this investment: "While the reaction of some is that very thin margins work, in this sort of business, which is very volatile, they don't.
For an online business like SimplyInsured, the margins work in their favor.
Similar(56)
They figure out ways to increase their high-margin work and decrease their low-margin work.
They do not focus, the way business people do, on maximizing their high-margin work and minimizing their low-margin work.
There is some high-margin work that has been delayed … We have been surprised by some of the delays we have seen in our business".
This is low-margin work.
This is high-margin work.
In a note to investors on Monday, Wirth wrote: "Management noted that the company's strategy to not pursue low-margin work continues to benefit earnings".
And as individual investors have found, buying on margin works well when stocks are rising, as they were for much of the late 1990's.
There are toilers on the margins whose work will not get the recognition it deserves, maybe ever.
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