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Essay Details:
Essay text:
What must U.S. companies do to continue to strengthen the country’s manufacturing base?
According to David Audresch, “You’re not going to be able to compete on price. You’re going to have to live off having a new idea that other companies around the globe don’t have”. Also according to Wall Street Journal,” when an innovation is found, the US entrepreneurial spirit is quick to develop, produce and market it, creating new jobs revenue”.
3. What lead to the focus on operations managements rather than production?
To reflect the changed in importance from manufacturing to services, the term production often has been replaced by operations to reflect both goods and services production...
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