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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (68875)	3/5/2004 11:34:42 AM
From: robert b furman	Read Replies (1) \| Respond to of 94695

Hi Ray, I've got to differ with you. Electrolux is a global name in vacuum cleaners. I just came back from a trip to New Zealand and Australia - I was surprised to see Electrolux sales outlets in both countries. Electrolux knows it must stay competitive in a global fashion.By manufacturing in China they will not only be competitive but increase their margins. This will bring American consumers the same product for the same or possibly less money. While they grow in profitability - their entire home office operation will continue to thrive. If they don't stay competitive the entire organization disappears. Although unpleasant for the noncompetitive American workers in Michigan,the company has i viable survival plan thta will bring greater prosperity to the entir organization. This is not a new dance GM and domestic auto makers have been downsizing car market share for 30 years.It requires one to be flexible and educated. The day of your union guaranteeing you a good paying job from cradle to casket was long ago lost to global competition. The American workforce must stay flexible and educated.To resist it is something you'll never get over. JMHO Bob