Monday, March 22, 2010

Classwork #5

1.Key points of the article include the economists’ negative views towards closure of the plant. Also, they include the already roof breaking unemployment percentages which will be hit even harder by the estimated 4700 layoffs due to closure of the Toyota plant.

2.The author believes that it is a bad idea to close the plant and on the contrary the plant should take on more business such as producing an extra Toyota model such as a hybrid. The author feels that it is a sign of disrespect from Toyota since California is the number one consumer state of Toyotas in the United States. I do agree with his opinion although I do also understand that the nation is indeed going through a recession which may also be greatly affecting Toyota as a business.

3.Toyota owes its respect and regards to California since it consumes about 18% of all Toyotas manufactured. It is a great part of the reason that Toyota is the wealthiest auto manufacturer in the world and should be considered more deeply in a situation such as closure of a large plant such as the one they plan to get rid of by the end of this month.

No comments:

Post a Comment