This case deal with an Italian corporation that produce machine tools (milling machines), a high-priced product in a very competitive and cyclical business. It requires mass production and discusses the Taylor production system, which is exceptionally complex. The case presents the effects of the recession on P&L statements and balance sheets and potential solutions.
This case deal with an Italian firm that produces machine tools (milling machines), an expensive merchandise in an extremely competitive and cyclical business. It argue’s the Taylor production system, which is incredibly complex and involves mass production. The case presents the effects of the recession on P&L statements and balance sheets and potential remedies.
PUBLICATION DATE: November 05, 2008 PRODUCT #: IES273-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING