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MBAFinance
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CHEN
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cpetro29
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rhyme
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GMAT 1: 730 Q45 V45
WE:Business Development (Consumer Packaged Goods)
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[quote="MBAFinance"]The following appeared as part of an annual report sent to stockholders by Olympic Foods, a processor of frozen foods.
“Over time, the costs of processing go down because as organizations learn how to do things better, they become more efficient. In color
film processing, for example, the cost of a 3-by-5-inch print fell from 50 cents for five-day service in 1970 to 20 cents for one-day service in
1984. The same principle applies to the processing of food. And since Olympic Foods will soon celebrate its twenty-fifth birthday, we can
expect that our long experience will enable us to minimize costs and thus maximize profits.â€
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MBAFinance
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Thanks for all your inputs especially rhyme. Though English is not my native language, I was educated in USA. I have no excuse for all grammar errors. :oops: For my next essay, I will leave 5 minutes at the end to proof read it.
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