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Essay Details:
Essay text:
(David & Nigel, 2006) As there is no evident political-legal and social-cultural influence on the operation of VSM Group in this case study, the main items that impact the organization in economic, technological aspects will be presented as follow: ?
Economic factor
a) Firstly, the demand for sewing machines in the western hemisphere had been declining for more than two decades. Industry profitability had deteriorated, particularly hard on manufacturers of industrial machines and low-price mechanical machines for domestic use.
b) Second, the sharp drop in demand for industrial sewing machines has result much more fierce competition on the professional side in Europe and in the US...
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