Question: Alternatively, the company could implement cost - cutting measures to improve operational efficiency and preserve financial resources. This could involve restructuring operations, reducing discretionary spending,

Alternatively, the company could implement cost

-

cutting measures to improve operational efficiency and preserve financial resources. This could involve restructuring operations, reducing discretionary spending, and optimizing supply chain management. While cost

-

cutting measures could enhance short

-

term profitability and mitigate financial risks, they may also impact employee morale, innovation, and long

-

term growth prospects.

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