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Eisboch Eisboch is offline
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First recorded activity by BoatBanter: Jul 2006
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Default Can I pull this boat?


"hk" wrote in message
. ..



We obviously have different standards by which we judge corporations.


Probably.

To me the primary responsibility of the management of a corporation like GM
or Ford is to operate in the best interests of it's stockholders. Employees
are obviously important and critical, but the corporation is not designed
specifically for their welfare. It's supposed to make a profit. It's the
way our system works. If they do it right, everyone benefits. A
corporation is not a social service.

It also produces products that are in demand by the market place. If
customers have traditionally wanted big, gas guzzlers because fuel was cheap
in the US, then *that's* what they produce. If they don't, they will lose
market share to someone else that will. Stockholders and employees will
suffer.

Consider Toyota. They started out building small, compact, fuel efficient
(to the standards in the US) cars and trucks.
The US market demanded big, powerful vehicles so Toyota introduced bigger
cars and trucks (like the 381 hp Tundra) in response.

Now with the fairly rapid increase in fuel costs, the market is beginning to
demand smaller, fuel efficient vehicles again.
Companies like GM and Ford are scrambling to deliver, cutting production of
the gas guzzlers.

You just don't like large corporations and you think they are all out screw
everybody.

Eisboch