Acording to several writers, corporate America whacked away at labor costs throughout the last decade. Corporations tamed

Aécording to several writers, corporate America whacked away at labor costs throughout the last decade.

Corporations tamed unions and laid off millions of hourly workers, yet multitudes of US companies still cannot compete with their international rivals. Large companies such as Ford, AT&T, General Motors, and Du Pont are going through new rounds of restructuring. Why is competitiveness still so elusive for large US corporations?

Prepare a written answer to this question.