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Essay Details:
Essay text:
By reducing its costs, and maintaining or increasing the amount of revenues, the business increases its net profit. Increased profits also result in a higher value of the business to potential investors.
Situation Background (Step 1)
Burns Auto Corporation, owned by Thomas Burns, consists of twenty-five new car dealerships selling cars produced by foreign automakers. The corporation has made its major presence in the western region of the United States. Being in business for twelve years, Thomas Burns has established dealerships in large automobile parks adjacent to freeways or on very busy streets in Albuquerque, Boise, Denver, Las Vegas, Phoenix, Tucson, and northern and southern California...
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