Title: Oilwell Cable Company, Inc.

Essay Details

Subject: Business
Author: Morris S
Date: April 21, 2014
Level: University
Grade: A
Length: 2 / 306
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

In 1990-1991 however the opposite took place, the team has had to lay off people because of stagnant economy, which led them to become more efficient and in 1991 they were able to produce a larger quantity of units with the lesser labor force. The inconsistency that I see with this is that if the economy started to slow down in 1989, and the company has decided to weather it and 1990 number actually show it, then why the company would lay off people in 1991, if their numbers were actually going up...

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The inconsistency that I see with this is that if the economy started to slow down in 1989, and the company has decided to weather it and 1990 number actually show it, then why the company would lay off people in 1991, if their numbers were actually going up. According to their management model and based on their previous history (1985-1989 growth spur), they would hire more people with their production going up and not lay people off...

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