The Case of the Plant Relocation – Intro to Business and Technology
The Case of the Plant Relocation – Intro to Business and Technology
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THE CASE OF THE PLANT RELOCATION
INTRO TO BUSINESS AND TECHNOLOGY
January 5, 2006
During this day and age when people want it now and want it fast, one can only envision how to make the fast honest buck. Given the situation with shareholders demanding a higher return on their investment, the only feasible solution is to relocate certain facilities to give the company a chance to survive. With unions wanting more money and United States regulations becoming stricter; if there are other alternatives to reduce cost and increase profit companies must make a difficult decision to move operations to another state and possibly another country.
With Electrocorp needing to alleviate rising costs in labor and production, a strategic and well-developed relocation is key to minimize bad publicity and maximize opportunity for a large company that provides on-board electronics of vehicles. The first step in a major reconstruction of production must involve a key step in social responsibility. Bad publicity can really damage a companys image and clients can be lost in the process. Moving operations to Me
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