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According to the CEO, JSB Jenkins, their business … “has continued to be impacted by the generally difficult conditions in the consumer marketplace” (biz.yahoo.com, 2008).
This decline in company value has triggered a move by Tandy Brands to attempt to streamline its operations and find cost-saving measures to employ. In 2007, Tandy decided to close its belt making operations in Yoakum, Texas and ship production overseas for less expensive labor costs. While the receiving, distribution, and administrative operations remained in Yoakum, 165 people were to lose their jobs. This presented management with the issue of which media choice to employ...
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