American Tool And Die Company Case Study

1962 Words4 Pages

Over ten year ago, the economy of the United States faced crisis because of the war of Iraq. The gas price went up to four dollars per gallon. No people want to buy automobiles. The result made many companies had been closed especially automobile factories because no jobs and have financial problems. The American tool and die company was one of many companies had trouble with financial. To solve this problems, the American tool and die company needed to create a group of decision making to help the company. Mr. Brofft considered the employee interest but his decision did not move anywhere while the decision of Mrs. Mueller was better but it was not considered the interest employees of the company. In order to reach the most effective decision, Mrs. Mueller and Brofft must careful consider the impact of changing the location of the American Tool and Die Manufacturer and try to find a solution that minimizes bankruptcy and protect the future of the manufacturer. Creating an emergency fund, investing in …show more content…

When a plant still have a good shape, the management team has to create a policy that request every employees contribute a small amount in every month to save a company and their jobs. When AT&D had trouble financial, the AT & D leaders can use the fund to pay employees, the result, the company did not have to lay-off or move to another states. 2) Train employees for new skills. Today, every company does not specialize for one area of business or producing one product. The company should produce multiple products or change to other products. For example; Instead, AT&D employees produce auto parts, they can built another things such as a computer hardware, electronic devices, solar, furniture, airplanes, cellphones and other high- tech tools. To do these jobs, they need to have a training. The AT&D should take some time off to provide a training to AT&D employees. AT & D also provided some funding to training the

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