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Trade-offs for plant closings and substantial layoffs

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Identify and discuss briefly what you think are the major trade-offs that firms face as they think about a possible plant closing or substantial layoffs and their responsibility to their employees and the community.

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Solution Summary

The solution examines the major trade-offs of plants closing or substantial lay offs for large corporations.

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Although it may seem different based on what the press reports, I think in large regard the decision to close a plant is a difficult and challenging one for the managers involved. First and foremost the company has a obligation to its shareholders, therefore the bottom ...

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