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Imo the bigger issue isn't the bigco itself going down: it's the hundreds of suppliers (and there are many levels of suppliers supplying to higher tier supplier
by hkmurakami 11y ago
Imo the bigger issue isn't the bigco itself going down: it's the hundreds of suppliers (and there are many levels of suppliers supplying to higher tier suppliers) that may also go down in a domino effect.
- jessaustin 11y agoWell sure, that makes it worse, but it isn't really a separate thing. What's even worse than the big firm and its suppliers failing, is all of those firms not failing. When enterprise is not so centralized, little firms fail all the time, and are quickly replaced by other little firms. OTOH in the Japan/Korea situation (and with TPP etc., probably USA in the near future), ineffective organizations hide within bigco's indefinitely, consuming resources in inefficient, anticonsumer fashion.