One study that focused on the impact of China trade on the U.S. textile industry noted that 19 U.S. textile factories were closed and 26,000 jobs lost in 2004 and 2005. If these factories had not closed, it would have cost U.S. consumers $6 billion more in higher textile prices. Assuming these facts are true, offer an argument for or against off-shoring U.S. jobs.
Answer to relevant QuestionsExplain why it is important for operations managers to understand the local culture and practices of the countries in which a firm does business. What are some of the potential consequences if they don’t? Research and find an organization that has a disaster or emergency readiness plan and write a short paper (maximum of two typed pages) on the topic. Focus your discussion on value chain operations and logistic (supply chain) ...A firm is evaluating the alternative of manufacturing a part that is currently being outsourced from a supplier. The relevant information is provided below: For in-house manufacturing: Annual fixed cost = $100,000 Variable ...When the value of a loyal customer (VLC) market segment is high, should these customers be given premium goods and services for premium prices? If the VLC is low, should they be given less service? Explain. A major airline is attempting to evaluate the effect of recent changes it has made in scheduling flights between New York City and Los Angeles. Data available are shown below.
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