"Corporate America has been accused of spending the last 30 years seeking out ways to reduce, or increase the efficiencies of its, labor force resource requirements". Is this statement an...

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"Corporate America has been accused of spending the last 30 years seeking out ways to reduce, or increase the efficiencies of its, labor force resource requirements". Is this statement an accurate reflection of Corporate America's 'modus operandi'? If so, is this behavior a natural consequence of technological advancement and structural unemployment? If not, is Corporate America operating under the principle of "Profit Maximization"?
Answered Same DayDec 31, 2021

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Robert answered on Dec 31 2021
31 Votes
Surname 1
The statement is false. It is not true basing the fact that the corporate America function following
the principle of profit maximization this is in the corporate America, the maximization of profit
comes in by the fact that companies in America are at the verge of scrimping on the investment
on capital.
The shifts in culture in corporate America has not...
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