TechWhirl (TECHWR-L) is a resource for technical writing and technical communications professionals of all experience levels and in all industries to share their experiences and acquire information.
For two decades, technical communicators have turned to TechWhirl to ask and answer questions about the always-changing world of technical communications, such as tools, skills, career paths, methodologies, and emerging industries. The TechWhirl Archives and magazine, created for, by and about technical writers, offer a wealth of knowledge to everyone with an interest in any aspect of technical communications.
Subject:Re: India - wave of the future? From:"Mike O." <obie1121 -at- yahoo -dot- com> To:techwr-l Date:Wed, 3 Sep 2003 16:35:17 -0400
"Mark Baker" <mbaker -at- ca -dot- stilo -dot- com> wrote
> What is abundantly clear is that a company that fails to use the lowest
cost
> supplier eventually goes out of business because other companies beat
their
> prices.
Define 'eventually.'
The business world was shocked when Henry Ford paid his workers $5/day when
he could have paid the same workers $2/hr.
Now, after several generations of unprecedented prosperity and increases in
the US standard of living, driven by high wages like Ford's, Ford is now
losing ground to other countries with lower labor costs. But it took most of
the century.
The modern economy is consumer-driven, which means employees of one company
are customers of many companies. More than anything else, companies need
customers with cash. Henry Ford wasn't wasting $3/day - he was creating a
market. No company wins when they strip income from each other's customers.
