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Essay text:
The study concluded that the commercial printing industry is a highly competitive manufacturing market that effectively leverages technology to reduce prices to customers and increase value to business owners. Survey participants expected revenue from offset to decline 7.7% over the next two years and that revenue for digital printing would increase 5.5% and value added services would grow 2.3%. While the industry retains a manufacturing focus it is moving to more of a service orientation. 77.8% of the respondents claim that "reducing production cost and improving efficiency is a current business strategy" but many lack the plans to effectively achieve this goal for the future...
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Common topics in this essay:
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- Mba501-Week2-Products, Services, And Prices – Free Market Economy
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- Products, Services And Prices In The Free Market Economy
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- Explain How Technological Advances Have Helped Organisations Create Products/Services Best Suited To Customers Needs And How They Were Able To Communicate Effectively With Their Target Audience.
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