What should be done in order not to reduce the volume of production when costs rise?

In the event of an increase in costs, the manufacturer must take care of a stable output at the same level in order to remain competitive. In order not to lose production volumes, he can replace the acquired resources with cheaper ones or improve the technical equipment. Also, by increasing the motivation of workers, you can achieve stable production or its growth. By rewarding staff, you can achieve a decrease in the percentage of product rejects, which will keep production at the same level.



One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.