Martin Textile - 6243 Words

closing Case Martins Textiles August 12, 1992, was a really bad day for John Martin. That was the day Canada, Mexico, and the United States announced an agreement in principle to form the North American Free Trade Agreement. Under the plan, all tariffs between the three countries would be eliminated within the next 10 to 15 years, with most being cut in 5 years. What disturbed John most was the plans provision that all tariffs on trade of textiles among the three countries were to be removed within 10 years. Under the proposed agreement, Mexico and Canada would also be allowed to ship a specific amount of clothing and textiles made from foreign materials to the United States each year, and this quota would rise slightly over the first†¦show more content†¦What about his moral obligation to his workers? What about the loyalty his workers have shown his family over the years? Is this a good way to repay it? How would he break the news to his employees, many of whom have worked for the company 10 to 20 year s? And what about the Mexican workers; could they be as loyal and productive as his present employees? From other US textile companies that had set up production in Mexico he had heard stories of low productivity, poor workmanship, high turnover, and high absenteeism. If this was true, how could he ever cope with that? John has always felt that the success of Martins Textiles is partly due to the family atmosphere, which encourages worker loyalty, productivity, and attention to quality, an atmosphere that has been built up over four generations. How could he replicate that in Mexico with a bunch of foreign workers who speak a language that he doesnt even understand? http://www.canada.org.ae/NAFTA.htm Case Discussion Questions 1. What are the economic costs and benefits to Martins Textiles of shifting production to Mexico? 2. What are the social costs and benefits to Martins Textiles of shifting production to Mexico? 3. Are the economic and social costs and benefits of moving production to Mexico independent of each other? 4. What seems to be the most ethical action? 5. What would you do if you were John Martin? Hint: †¢ NAFTA is likely to produce net benefits for the US economy.Show MoreRelatedMartin Textile6254 Words   |  26 Pagesclosing Case Martins Textiles August 12, 1992, was a really bad day for John Martin. That was the day Canada, Mexico, and the United States announced an agreement in principle to form the North American Free Trade Agreement. Under the plan, all tariffs between the three countries would be eliminated within the next 10 to 15 years, with most being cut in 5 years. What disturbed John most was the plans provision that all tariffs on trade of textiles among the three countries were to be removed withinRead MoreCase Study Martin Textile Starbuck1000 Words   |  4 Pagesshould corporations have toward the country in which they operate? To their country of origin? CASE STUDY 1 MARTIN TEXTILES Question 1 Economic cost The production cost that is labour cost if Martin Textile shift its production to Mexico will be reduced to less than USD2 per hour as compared to wage rate paid to its unionised New York plant(USD12.50 per hour) and non unionised textile plant in southeastern US(USD8 to USD10 per hour). The production too will be able to avoid cost disadvantageRead MoreEnvironmental Issues In The Fashion Industry Essay1903 Words   |  8 PagesIntroduction This paper explores the use of colour changing textiles and how the fashion industry could benefit from it. It explains why they are perfect solutions for the environmental issues. 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