Competition In The Market

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William P


Date added:

November 29, 2014








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2 / 316


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Employers can use this saved money to expand their production lines or develop another product. Therefore, many jobs other than management are being eliminated by various kinds of machine. The unemployment rate in the automobile industry is the most seriously affected because of the replacement of automation...
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The use of robot welders and painters has allowed employers to eliminate large number of workers. These experienced workers are no longer able to stay in this industry. Another reason that affects the prospects for good career is the mergence between companies or corporations. In order to survive in the competitive market, companies merge with other companies to share resources so they can cut down part of the operating cost and increase their competitive potential...
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