Originally posted by beholder3 For the employees certainly. But they get problems with any change of market share and following firings. That is not restricted to closing shop.
No, unemployment doesn't
only occur due to company closure... but it's most certainly one of the bigger reasons. It's generally better for employees if things don't reach that point
Originally posted by beholder3 If Pentax would close down I would be sad, but certainly not a person requiring sympathy from other people. The current real world offers a lot more important things which let me feel sympathy for other humans (and can not be discussed here
) .
I'm not suggesting that folks
require your sympathy... but I'd feel at least a little bad for someone who'd invested hard-earned funds in a camera system over the years, only to have the company fold. That doesn't take anything away from the balance of sympathy I feel for folks affected by more serious issues.
Originally posted by beholder3 No. That all balances out.
So Nikon never developed anything of its own, and remaining companies would be guaranteed to develop everything Nikon might if it continued to exist? I don't buy that at all...
Originally posted by beholder3 In the case of a static market size the 3rd parties just switch over to support the others.
Possibly... but there's R&D cost involved in doing that, not to mention the reduction in value of any stock held on the outgoing brand.
Originally posted by beholder3 I like reciprocal relationships. On the day a company shows me real individual case tailored emotions when I stop buying their products I will show emotions if if closes shop.
That might be the case for a small business where I know the owner and he provides excellent service and remembers my name by heart. That business closing will touch me.
That will not be the case for any companies with internet contact forms and call centers. They cold, me cold.
You seem to be looking at this in terms of the company. I don't feel emotion for companies either. Most of them are vehicles for profit at my expense, so I typically have a transactional, reciprocal relationship with them. They have something I want - a product - and I have something they want - my money (of course, I want them to do well so they continue to make things I might want or need). It's the impact of company closure on individuals and the industry that I feel deserves my emotion (in sensible proportion, of course).
I guess we're just different.
Anyway, thanks for the financial data. It's interesting if sobering reading...