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Manufacturing Sector - Car Industry
1. A new era of globalisation
2. Current over capacity - increased competition - price pressure
3. Reduction in the number of companies - mergers - takeovers
4. Increasing pressure to green
5. Influx of small - cheaper cars from Japan as they climb out of recession.
6. Component manufacture to lowest cost provider world wide
United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost $30,000
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