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Essay text:
Jobs in
factories for larger corporations have often been lifelong jobs for past generations. This
trend is coming to an end with the onset of globalization and improvements of American
efficiency.
Past years have shown that American manufacturing facilities have been stable
sources of employment, as long as the facility was able to produce products people
wanted to buy and maintained a high profit margin to allow the company to grow;
thereby creating more jobs by expanding or hiring more people to build more products.
The ability of a facility to create a stable environment allowed for a company to create
manufacturing processes that could employ a higher numbers of workers, because profit
was good and the need to improve efficiency was not there...
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Common topics in this essay:
- Cost Leadership and Product Differentiation
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- Product Life Cycle And International Product Life Cycle Economic And Marketing Perspectives
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