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Strategic Initiative: General Motors Company

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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 the business. The annual report plays a major role in any business and it’s up to the company to make it a success. 4G LTE Initiative One of the initiatives that GMC is working toward is the proliferation of their 4G LTE technology in China. 4G LTE is a Wi-Fi transmitter that has been built into the car which will allow up to 7 devices to be connected. Because of its popularity

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