how global competition affects your organization
Integrate Current Market Conditions.
Give an overview of the history of the auto industry, the
market in which it operates, any issues or opportunities that the auto industry
faces. Discuss market Trends (Cost structure, Productivity, price elasticity of
demand, competitors).
Address the following:
1. Determine
how global competition affects your organization
2. Should
the organization or industry continue, expand, or reduce current operations to
maximize profits? Explain your reasoning. [Recommendation a reduction.] Should
the organization or industry reduce production or shut down operations? Explain
your reasoning.