Plant Closure and Market Dynamics: Competitive Strategy and Rationalization
以Sheller-Globe公司加拿大方向盘部门为例，研究市场动态和竞争策略如何导致工厂关闭，揭示企业应对市场过剩、新进入者等挑战时，竞争策略失败后的退出机制。
This paper examines the role of market dynamics and competitive strategy in industrial plant closure using a case study of Sheller-Globe Corporation's Canadian Steering Wheel Division. The dominant motive for plant closure is to reduce production capacity in markets that have surplus supply. The market dynamics that precede rationalization are often complex, however, and the adaptive and competitive strategies of plant-closing firms need to be examined in detail for the reasons for closure and the mechanisms behind regional job loss to be understood. Firms attempt to adapt to market decline, new entrants, and changes in buyer and supplier relations. When competitive strategies fail, plant closure is the ultimate means of withdrawal from an untenable market position.