...was successful when World War II began. In preparation for the entry of the U.S into the war, GM retooled their factories to assist with the manufacturing of items needed during the war. During this time GM produced over $12.3 billion worth of material for the war effort. After the war, GM resumed manufacturing automobiles in their factories. In the late 1960s, GM began to hire more minorities for employment. This was made possible by new expansionist policies of Presidents Kennedy and Johnson. This allowed GM to prosper and expand into different business opportunities. Today GM has emerged from filing chapter 11 in 2009. GM came out of the chapter 11 with a rebranding and made the decision to drop such brands as Pontiac, Oldsmobile and Hummer. GM continues to work toward the rebranding and establish itself as a major player in the auto industry as it once was. Reference: http://www.fundinguniverse.com/company-histories/General-Motors-Corporation-company-History.html No author, No...
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...In order for a company to survive in the business world today, they must be innovate and accepting to change. As soon as a company becomes complacent in the way they do things, the quality in goods they produce, or even what market segments they compete in – they’ve already begun their inevitable decline. GM used to be the most recognizable brand in the Automobile industry. For 77 consecutive years from 1931-2007, GM was the leader in global automobile sales. However, before we knew what happened, GM filed for bankruptcy in 2009 and was forced to shed several brands, including Saturn, Pontiac and Hummer. Many attribute GMs fall from grace to lack of quality, creativity and a furciferous waste of capital. The article by Daniel Roth claims that “only an outsider could deliver the change GM needed to survive” (Roth 2015). As CEO of General Motors, I would absolutely ruffle some feathers upon my arrival. In 2009, Steven Rattner was appointed in overseeing the government-funded rebuilding of General Motors, and he went on to claim that he had never seen anything like what he saw in Detroit, Michigan. He was quoted as saying “GM had arguably the worst culture of any major company I’ve ever been around” (Roth 2015). Rattner went on to cite that within GM, there was a pernicious tendency to never, under any circumstances, admit or acknowledge failure. This would be one of the first things I would change. Failure is often times an indicator of effort and should seldom be a punishable...
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...CHRYSLER, Vice-President. ............... H. COLLINS, Vice-President. ............... ................... W. L. DAY, Vice-President. J. A .. HASKELL, Vice-President. .................. A. W. HIGGINS, Vice-Preside&. ................. R. S. MCLAUGHLIN, Vice-President. ........... C. S. MOTT, Vice-President ..................... ................... J. J. RASKOB, Vice-Preside&. A. P. SLOAN, JR., Vice-President. ................ EDWARD VERLINDEN, Vice-President. ........... F. W. WARNER, Vice-President. ................. I'. S. MERRILL, Secretary. ....................... H. H. RICE, Treasurer. ....................... M. L. PRENSKY, Comptroller. ................... W. A. W. R. New York Flint Flint Detroit Pontiac New York New York Oshawa, Ont. .Flint Wilmington New York Lansing Pontiac Detroit Detroit Detroit REPORT TO THE STOCKHOLDERS OF GENERAL MOTORS CORPORATION 31,1918 For the Fiscal Year ended December DETROIT, MICHIGAN, APRIL 9, 1919. To THE STOCKHOLDERS : Your directors...
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...INTRO TO BUSINESS Tonya Stewart July 17, 2013 INTRO TO BUSINESS HOMEWORK A. Where would you go to get information about new cars? I would first search online, then if I didn’t find the information I was looking for I would then go to a car lot such as Ford, GMC, or Chevrolet. B. How will you decide the make and model of car you want to buy, where to buy the car, and how to finance it? I would go online or to the library and look up the different makes and models of new cars and read the information to see how each car is structured. I don’t know where I would buy the car, I would have to look up that certain car at different car lots and choose the car lot with the cheapest price. I’m not exactly sure how I would finance the car; it would depend on the price and how much money I have to put down for a down payment and how much I would have to pay monthly. C. How is competition at work in this scenario? The competition is from choosing which car lot to go to buy the car and which one has the lowest price. D. What are the pros and cons of competition as it affects the buyer? A pro would be buying a car from a certain car lot instead of another. A con would be getting the smallest amount of money for monthly payments. Whether you are working for a market company or starting your own market company there is always going to be a competitor. Having a competitor can cause problems for the business you work for or starting because the profits could get cut...
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...PM 587– Advanced Project Management Student Insight Paper By ; Trevor Scott, BS Professor Mark Rosen April 13, 2011 [1] Learned From Course : Upon taking this course, I id not have a clue as what I was doing. In other words, General Motors Company is only manufacturing cars, and it was a big question how they can survive the bad economy especially at that the rate of how people are buying cars in the down-turn of our economy. Yes I have heard the english sayings : ‘Do not put all your eggs in one basket’ but I have had never had a clue that big giants like GMC does it. In the first day of class, I was truely thinking why I was here. In the past I worked for Orlando Utilities Commission, but my power is supplied by Porgress Energy. Through this project I learned many facts, such as their portfolio ; wind, solar, nuclear and gas and the stage-gate Project Porfolio Management. They have a huge diversification of products, and their financials are stable too. Each course in the Master’s of Business Administration brings a new view point for the PM professional. This course adds topics of multitasking, how to choose a Project, what defines beneficial project to add to the portfolio. One essential topic is the conflict, was getting on the same page for the topic. I am not a big proponent of the team concept. Conflict resolution Management is more of understanding human behavior and how to manage it. It is frustrating when someone is not motivated...
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...MCS0021 GM’s Saturn Story: Integrated Strategy for Communication and Brand Building “Untill 1989, Americans thought of Saturn, when they thought of it at all, as the sixth planet from the sun. After 1989, Saturn the planet was preempted by Saturn the brand, a new shape of matter that signaled the comeback of a renovated universe called Detroit.” – Lynn B. Upshaw, Author, Building Brand Identity: A Strategy for Success in a Hostile Marketplace Genesis of Saturn On a wintry day in Detroit, the CEO of General Motors (GM), Roger B. Smith (Smith) was about to make an announcement. Since he had taken over in 1981, ‘the cherubic chairman’ 1 of GM had already brought about big changes in reorganising GM’s lumbering organisation structure. He had invested in robotics, space satellites and data-processing for which he had bought over entire companies such as Ross Perot’s Electronic Data Systems and Hughes Aircraft Company when he could have just contracted their services. On January 8th 1985, Smith was unveiling Saturn, GM’s first new brand in 70 years. It was to be a lot more than just another car brand. At that time, Smith was famously quoted as stating, “Saturn is the key to GM’s long term competitiveness, survival and success as a domestic producer.”2 As an independent subsidiary that relied on innovative technology and was managed by the workers and management in a joint decision making format, its mission was to “develop and produce an American made small car that will be...
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...No. of Printed Pages : 5 MANAGEMENT PROGRAMME MS-61 O CD Term-End Examination June, 2010 MS-61 : CONSUMER BEHAVIOUR Maximum Marks : 100 (Weightage 70%) Time : 3 hours Note : This paper consists of two sections A and B. Attempt any three questions from Section-A and Section-B is compulsory. (iii) All questions carry equal marks. SECTION - A What are the major influences on organisational buying ? You have been asked to manage the replacement supplies of printers and photocopies in your organisation. How would you define this organisational buying situation and the characteristics associated with it ? What function do attitudes fulfil in consumer behaviour ? Briefly explain any one of the multiattribute models of attitudes and explain how would you use the understanding of this model in your marketing decisions. MS-61 1 P.T.O. Explain the factors that help a marketer to predict what kind of influence reference groups are likely to have over a product or brand choice. Why does reference group influence seem to vary across product classes or across individuals ? What are the factors that result in a high degree of prepurchase, seLrch for information by consumers ? What are the implications of information search behaviour for marketers ? 5. Write short notes on any three of the following : Hypothetical constructs in Howard Sheth model Theories of Personality Consumer Motivation AlO inventories and their use (e) Cognitive theory of learning ...
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...Strategic Initiative: General Motors Company FIN/370 1/26/2015 David Tucker The General Motors Company (GMC) made history in 2013. This reflected a major advancement on every part of the vehicle that was intended to make them more durable while still reflecting the goal to earn a reasonable profit. The goal was to work on the balance sheets, have solid earnings, and make huge investments. The company focused on the customer’s needs, demands, and desires, this increased focus will have an impact over years to come. The world is changing on a daily basis and GM is striving to meet the needs of the consumers. The goal for the future is to keep making improvements on things such as design and innovation. Annual Report These initiatives are explained further in the company’s annual report. The annual report is a way for shareholders to receive important documents and information about the business. This report includes research and development, marketing information, financial reports, and subsidiary activity for all new future plans. Each company is required to send an annual report to the shareholders to keep them abreast of the company’s current status and future goals. The most important rule is the proxy, which companies post to their homepage and the regular annual report. This report is on the Form 10-k that contains all of the company’s financial information and statements and provide the shareholders with most accurate details for...
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...making cars faster and even more powerful since the Rocket 88, therefore, the muscle car is a huge symbol of American culture. Muscle cars were being produced by many different manufacturers in the early 1950’s, including Chevrolet, Chrysler, Dodge, Ford and Pontiac. In the 1950’s bigger was considered better. These muscle cars gained weight and inches with every year that past. Gaining weight meant losing speed, the cars required larger engines, but still weren’t fast enough for the buying market. Each manufacturer had a different idea to enhance performance and boost power. Chevy only offered fuel injection, Pontiac offered fuel injection and “tri-power”, and Ford offered supercharging. Dodge went in at a different angle and offered a power up “D-500” engine for every 1956 model they had. In 1955, Chrysler C-300 AKA “America’s Most Powerful Car” became the star of NASCAR with its blend of hemi power and luxury. Factory-sponsored racing and advertising came to a screeching halt in 1957. Though Automobile Manufacturers Association publicly agreed to ban everything muscle, they continued under-the-table engineering. After a short three years, the ban was lifted and “big blocks” were a must on and off of the track. The Pontiac GTO was invented in 1964and...
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...DIVORCE CASE OF BELONGINGS Divorce Case 894 N.E. 2d 206 Maria Soto-Caro Business Law MAN224 March 23, 2013 The case that got my attention is one about a divorce were the couple had their individual property separately titled. Facts: After their marriage, William and Peggy Brackin kept their individual property separately titled. They had signed a premarital agreement that said either could make any gift to his or her respective spouse, and that gift would become the separate property of the done spouse. William told Peggy to give her car to her grandson and William would buy her a car. After Peggy gave away her car, and prior to the marriage, William purchased a Pontiac, telling Peggy that it was her car. William titled the Pontiac in this name only. After their marriage, William traded in the Pontiac and purchased a Buick. William paid for the Buick with his own funds but titled the vehicle in both his and Peggy’s names. William drove the Buick home and said, “ Peggy come out and see the car I bought you.” Peggy primarily drove the car. Later, during an argument with Peggy, William took a hammer and repeatedly stuck the door handle of the Buick until the handle fell off. In divorce proceedings, Peggy claimed William had made a gift to her made a gift to her of the Buick. Outcome: The court found that William’s statement indicated his intention to make the Buick a gift to Peggy and her driving it showed delivery and acceptance of the gift. Pg.150 Actual Report: ...
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...Compare and contrast how Pontiac and Equiano differed in the ways they address white audiences? Pontiac was an Ottawa Indian leader who became famous for his role in the Pontiac’s Rebellion. He encouraged a plan for the Indians of several different tribes to fight and regain their lost independence (Foner, 2014, p.81). With his guidance, the Indians detained several British forts and slaughtered hundreds of white settlers who imposed onto Indian lands. In one of his speeches, he clearly addressed the Englishman that he and the Native people clearly refused to give up and allow them to take total control over what was left to them by their ancestors. Equiano also known as Gustavus Vassa, was a prominent African involved in the movement towards...
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...“Life is a journey, everyday experience will teach you who you really are.” From a black southern child born into poverty, to one of the first African-Americans to become a billionaire, this person is an example of what some may call a “rag to riches” story. Now, at the age of 52, they own their own studio, that is worth about 1.4 billion dollars, and is admired by millions of people. But the path that led them from their grandmother’s farm, to being one of the most powerful people in the world, didn’t happen overnight. It took great determination and focus. Oprah Winfrey was born on January 29th, 1954 in rural Mississippi to her unwed parents Vernon and Vernita. She spent the first six years of her life living with her grandparents, where she learned to read and write at an early age. Oprah once stated that if it wasn’t for her grandmother’s “foundation for success” she probably wouldn’t be as successful as she is today. Despite this, Oprah still had a tough childhood. From age six to thirteen, Oprah lived with her mother in Milwaukee. Her mother often worked long hours damaging their relationship. In fact, Oprah’s early childhood was not typical for average American girls. She was raped, gave birth to a premature baby, and was sent to a juvenile detention facility. As a last resort, her mother sent her to live with her strict father, in Nashville. Oprah Winfrey’s success began with her broadcasting career, which she began at the age of 17, when she was hired to read news...
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...To obtain a position as a CNA that will enable me to benefit my employers professionally and give the highest level of comfort and care to patients. I am currently CNA certified, cpr certified, first aid, and morc trained. I have experience in Microsoft word and excel. I work well by myself, as with others. I always maintain a positive attitude and working relationship with my patients, employees, and employers. Willing to relocate. I’m seeking a full time position that offers good hours, decent pay and a friendly work environment. Please see the attached documents for information on my background, skills and qualifications. I look forward to hearing from you. EMPLOYMENT HISTORY | | | | Direct Care Worker, Life Center INC. Troy, MI 09/2014-Present Giving assistance to people who are mentally or physically disabled. Working in the home helping and assisting companions with daily activities, personal care, preparing meals, household cleaning, transportation, passing medication following written instructions, and monitoring companions at all times for their health and safety. Direct Care Worker, Cornerstone, Madison Heights, MI 04/2014-05/2014 Duties include direct patient care assisting patients with bathing, feeding, medications, and light housekeeping. Direct Care Worker, Neighborhood Residential Troy, MI 03/2013-09/2014 Giving assistance to people who are mentally or physically disabled. Working in the home helping and assisting companions with daily activities...
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...GM Ignition Switch Scandal General Motors recalled about 800,000 cars due to faulty ignition switches on February 6, 2014. The problem with the faulty part was that it could shut off the engine while driving, thus preventing the airbags from deploying and inflating. General Motors to recall more of its small cars, which resulted in almost 30 million cars worldwide recalled and them having to compensate for 124 deaths. The faulty part had been well known to GM for upwards of ten years prior to them declaring the recall. (Smith, 2014) This major issue began in 2001 during pre-production testing of GM’s Saturn Ion. GM engineers experience problems with ignition switches on the Ion. The exact problem was with a mechanism in the car that is supposed to hold the ignition key in place. According to GM’s records, an internal report shows that the problem was resolved when the switch was redesigned and fixed. Not too long after this initial issue in 2004 a GM service technician sees a Saturn Ion stall while being driven stating that "several other keys on the key ring” was the issue. The technician then records within the same report that "the additional weight of the keys had worn out the ignition switch." (Valdes-Dapena, 2014) Another major ethical dilemma occurred in the testing and manufacturing of another GM car, Chevrolet Cobalt. In 2004, A GM engineer bumps into the key in a Chevrolet Cobalt during testing, thus causing it to immediately lose power. In 2005 General Motors receives...
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...June 23, 2015 Research Memorandum FROM: Dan Vo SUBJECT: Oprah’s Pontiac G6 Giveaway Problem Oprah opened her 2004-2005 season by giving away 276 Pontiac G6 on September 13, 2004. The problem arises when the people who received the cars should or should not include the value of the car in their taxable income for that year. The car’s designated value was $28,000. There has been debate on whether Oprah’s car was a gift or a prize. The IRS determined it was a prize because the audience had to apply for the seats on the show, and Oprah responded by picking people who needed the cars (MarketWatch, 2004). IRS Regulation 1.74-1 states “Prizes or awards which are includible in gross income include (but are not limited to) amounts received from radio and television giveaway shows.” Evidence In 2000, the first season of Survivor aired and its winner was rewarded $1 million. Richard Hatch claimed his prize as the winner of that season. However, he failed to claim the earnings on his taxable income for the next 6 years and was convicted of tax evasion. In the case United States v. Richard Hatch, Hatch violated 26 U.S.C. §§ 7201, which states “any person who willfully attempts in any manner to evade or defeat any tax imposed by this title shall be imprisoned…” He also violated 26 U.S.C. §§ 7206, which prevents fraud and false statements. Hatch was sentenced to 51 months in prison, and was still forced to pay his taxes. In another case, Turner v. Commissioner, the defendant...
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