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moniss

(6,155 posts)
5. Corporate decline redux
Mon Apr 29, 2024, 02:58 AM
Apr 2024

is sadly on full display. We've seen this so much since the '70's. No place is it more apparent than in automotive parts. We see names that once made their parts here with tight QC and engineering excellence shifting their production to whoever will make it the cheapest. Quality gone out the window. The new philosophy became "Just have Customer Service apologize and send them a replacement and hope that one is OK." Run the numbers on the savings in production versus returns and report big increases in quarterly profits and get that big stock bonus package as the CEO. Doesn't take anybody with particular talent or much intelligence to do that to a company. Just a suit and tie and no concern for anybody or anything but yourself.

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