Question:
Integrate Current Market Conditions:
Give an overview of the history of the auto industry, the market in which it operates, any issues or opportunities that the auto industry faces. Discuss market Trends (Cost structure, Productivity, price elasticity of demand, competitors).
Address the following:
1. Determine how global competition affects your organization
2. Should the organization or industry continue, expand, or reduce current operations to maximize profits? Explain your reasoning.
[Recommendation a reduction.] Should the organization or industry reduce production or shut down operations? Explain your reasoning.