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Boeing has also revamped its production to improve productivity and protect profit margins even as its factories empty.
It was the worst performer for sales among Britain's leading supermarkets last year, with management opting to protect profit margins rather than chase top-line sales.
Modern political parallels are to the fore: financiers are closing local copper mines to protect profit margins, while unemployment and despondency grow.
Although lower prices expand the market, they also put pressure on producers to slash manufacturing costs in order to protect profit margins.
Raising the minimum wage should be considered as well, because it gives companies the incentive to protect profit margins by improving worker productivity and capabilities.
He also pointed to a cutback in promotional activity designed to protect profit margins, which are expected to be up about 50 basis points for the full year.
Similar(41)
Generali has introduced greater self-discipline, to protect profits.
Yankees officials are trying to protect profits and prevent chaos.
Companies have been forced to lay off workers to protect profits.
The change is part of a wider strategy to protect profits.
As Wall Street looks to drive down costs in a bid to protect profits, no expense has been overlooked.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com