| Autor: |
Grubb, Dave |
| Předmět: |
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| Zdroj: |
Wood Digest; Nov2004, Vol. 35 Issue 11, p26-29, 4p |
| Abstrakt: |
This article focuses on capital investment strategies of the U.S. The focus is the wood products industry; but in the case of net capital investment ratios for plants and equipment, the wood products industry is not unlike many other U.S. manufacturing sectors. The industry reacts to market conditions with hopes of gaining quick returns rather than positioning itself to effectively take advantage of markets that are to come, or new markets that could be opened. There is a cultural difference between the European and U.S. strategies and the difference is based on "expectations." European companies consider three to five years as "short-term" and five to 10 years as "long-term" horizons. |
| Databáze: |
Supplemental Index |
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