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| Topic: |
History
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| Number of pages / Number of words: |
6 / 1541 |
Essay's paper body
This reveals that the outsourcing of labour is and was virtually meaningless because General Motors is able to achieve the same level of profitability at the current Canadian plant locations that it had prior to 1995. This is because of the weakened Canadian dollar, which means that the employees are paid less for performing the same amount of work that is done in American General Motor's plants...
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This is because of the weakened Canadian dollar, which means that the employees are paid less for performing the same amount of work that is done in American General Motor's plants. General Motors Canada's profit margin exceeded 4.5% in 1995; this was 7 times as high as Chrysler Canada's, and some 90 times higher than Ford Canada's...
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