As Volkswagen opens its new plant in Tennessee, talks renew about how labor, particularly unionized labor, influence the cost of new vehicles and the viability of automakers. While foreign manufacturers are locating in the South and paying about half the amount a union worker makes, the Big Three in Detroit have been unable to see… Read more »
Posts Tagged: Competitive Advantage (pp485-486)
A Golden Opportunity
Following a hostile takeover attempt by Chinese Minmetals, Equinox Minerals agreed to a friendly takeover by Barrick Gold. The offer, yet to be approved by shareholders, increases the bid made by Minmetals and increases shareholder value. As part of the deal, Equinox agreed to drop its bid for Lundin Mining. QUESTIONS: What level of strategy… Read more »
China’s Cotton Club
Chinese cotton farmers are holding on to their harvest from the past season waiting for prices to climb. Estimates suggest the amount of cotton being held off the market may be close to two million metric tons representing nine percent of the world supply. This hoarding coupled with a lack of production reporting throughout Asia… Read more »
