For the purposes of this case analysis of Nucor Corporation, the steel industry is composed of all steel making companies in the United States (US). Although the case study did not give much information on global steel competition, this group would also include foreign-owned steel companies operating in the US. It is important to note, that to narrow this category the analysis could also be limited to address only the fourteen companies tracked by Standard &…
showed first 75 words of 3441 total

showed last 75 words of 3441 total
…far from what their expertise is founded on. The move toward more levels of managerial control is a necessary evil that comes with successful growth. It does not mean that they should eliminate the autonomy of different business units that has been their trademark of success. It is essential that the new levels not impede quick reaction and decision making or discourage the risk-taking culture that has proven so profitable. <Tab/>