> Say a business could make 8% margin by cutting corners and applying only short term thinking, but the same business could make 6% by not doing these things.
Sure there is, market forces quickly push the person making 6% out of business, because the one making 8% can lower their prices, or use that extra capital to buy up more resources.
Why spend excess to train when you can do it somewhere else for a lot cheaper? Cheap energy subsidized often by taxpayers is the real issue, and instead of those subsidies helping those paying for it, it's just moved capital upwards.
Sure there is, market forces quickly push the person making 6% out of business, because the one making 8% can lower their prices, or use that extra capital to buy up more resources.
Why spend excess to train when you can do it somewhere else for a lot cheaper? Cheap energy subsidized often by taxpayers is the real issue, and instead of those subsidies helping those paying for it, it's just moved capital upwards.