business decision
Fictitious event
A company named Acme Ceramics, which makes a small ceramic gauge now for the military, has decided to move its operation to a small island in the Philippines. It has been on route 101 New Hampshire for thirty years. On this island the average wage is $2.50. per day. Acme will be paying its labor force $5.00-/day for a ten hour day 5 days a week In addition any of their 62 employees who works an entre week receives an extra $3. bonus. In America they had 80 employees while in the Philippines they plan to hire 62. The extra hours and expected speed will allow them to have fewer employees. In the states they paid their employees between $10- to $14/per hour. Business has been down somewhat but they have just received a contract with the department of defense that should run for at leas three years.
Is this a win- wn for the employees of the Philippines and the company?
A company named Acme Ceramics, which makes a small ceramic gauge now for the military, has decided to move its operation to a small island in the Philippines. It has been on route 101 New Hampshire for thirty years. On this island the average wage is $2.50. per day. Acme will be paying its labor force $5.00-/day for a ten hour day 5 days a week In addition any of their 62 employees who works an entre week receives an extra $3. bonus. In America they had 80 employees while in the Philippines they plan to hire 62. The extra hours and expected speed will allow them to have fewer employees. In the states they paid their employees between $10- to $14/per hour. Business has been down somewhat but they have just received a contract with the department of defense that should run for at leas three years.
Is this a win- wn for the employees of the Philippines and the company?
