Quote:
Originally Posted by trikkonceptz
That statement while having some truth also carries a lot of ignorance. Here's why. Let's say by your logic Ford fails. Now micro manage the problem. A local Ford dealeship closes as a result, which use to sell 400 cars a month and was managed properly, now the 300 people there are unemployed, a casualty of poor upper management. Now the vendors that supplied that dealership with parts for service, take a large hit or close because their are no other dealerships in the area or the other surrounding dealerships will not increase sales in order to take up slack. So they close despite running a good business.
All those employees, they eat @ surrounding restaurants, buy gas at local gas stations and buy products @ stores all in the area around the dealership. All businesses that were running soundly before this dealership closes.
So true A large corp like Ford could use a bit of re tooling, but letting it fail, impacts a much greater spectrum of the business world than its own employees. Globally even, because many parts are sublet to other countries like Mexico. So the impact of even one of the big three closing its doors will have world wide implications which will require a larger hand out than what is needed to slow the bleeding currently.
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if your business is so very focused that it relies entirely on ONE other entity or business to exist, then your business is risky, companies closing doors will open up other doors, those who just sit and stare at the closed door and complain will live in a dead town, those who walk through the open door, will find different but maybe as good conditions