is it actually, cost saving?
What does cost saving, actually mean? And, does it mean the same thing to everyone? I raise the question. Google's example; Cost savings is the benefit realized from actions that reduce an organization's overall spending on assets that directly impact its bottom line. Actions that can result in cost savings range from improving efficiency to negotiating lower prices for supply purchases. Would this be considered the type of effective cost saving. Furthermore, does it produce a wider effect on the economy? A hospital is having a cost saving excerise. They decided that changing the soap power in the laundry to an cheaper brand less effective brands. However, it maybe cheaper, but, would it be considered a cost effective, cost saving? If a patient noticed that the sheets still smelled of body odour. Subceqently, then decided to wash the sheets themselves. Would that mean, the same sheets had been washed and dryed twice? Would that also mean, the electric had been used ...