with an eye on future growth and leaders committed to taking steps to achieve that goal. One very important step is embracing a total quality management program that will suit the needs of BJB, appeal to customers, and meet the necessary automobile industry standards. “In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work” (“Total Quality Management (TQM)”, n.d., para. 1). Team B has compiled a total quality management
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A Brief History of General Motors (GM) General Motors Corporation is the predecessor of today’s General Motors Company. It was founded in the early 1900’s, a time when the infant auto industry teemed with thousands of companies, large and small (Author Unknown). Billy Durant, GM founder invested in Buick in 1903 after which he assembled the company that became GM. He incorporated GM in September 16, 1908. Durant included Oldsmobile, Cadillac, and Pontiac into the family within a few years after
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Tesla Motors - Challenges in International Management. 1. Introductions Today, it is difficult to find anyone who is interested in cars, environmental protection, or IT technologies and who has never heard about Tesla Motors, the company which was found in 2003 by Elon Musk. He developed a person-to-person payment platform known as PayPal, which made him a billionaire. And after that he decided to focus on realization of his long-standing dreams: one is Space X – the company, the main purpose of
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United States GDP Trends, Forecasts, and Statistics Paul Lindner American Intercontinental University Abstract One of the primary indicators used to judge the health of a country’s economy is the Gross Domestic Product (GDP). It is the total value of goods and services produced during a period of time. GDP was first developed by Simon Kuznets for a US Congress report in 1934. There are three ways of calculating GDP, the production approach, the income approach, and the expenditure
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000+ employees and automobiles distributed in over 200 markets across 6 continents (Ford Annual Report 2009). Ford has utilized its product portfolio, brand strategy and global business structure to withstand recent financial disasters in the auto industry and strive towards its vision to be the world’s leading consumer company for automotive products and services. Ford began its manufacturing with mass production assembly lines in the first part of the 20th century. Now, one of the world's largest
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DaimlerChrysler and Chrysler stockholders the remaining 43 percent. After ten months of discussions and negotiations between the two companies, the merger was billed as a marriage of equals. It signaled new levels of consolidation within the automotive industry and was heralded as the beginning of a new era where only truly global players would survive. At the May 7, 1998 London press conference officially
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The book portrays a picture of life in Philadelphia, as well as literature, philosophy, and religion of America colonial and revolutionary periods. Franklin discussed his life-story as an example to illustrate the most important American qualities and values, like determination, self-sufficiency, perseverance, hard work, frugality, and reliance on a sound code of ethics are the ingredients of success. Benjamin was always teaching and leading by example. One way Franklin started
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The Introduction of Electrical Power Executive Summary Company History and Evolution American Electric Power was formed in 1906 from another company called Electric Company of America. At that time the company was known as The American Gas and Electric Company. AG&E was a collection of small utilities scattered across various states. Many of these utilities were sold and only a few remain part of the company today. The company provided electric, gas, water, steam, transit, or ice services in
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FedEx: The World on Time Shipping, Logistics, and Supply Chain Management Indiana Wesleyan University Facilitator FedEx: The World On Time History of FedEx Today FedEx Corporation is the premier provider of shipping and information services worldwide. Headquartered in Memphis, Tennessee, the company functions under the motto "operate independently, compete collectively and manage collaboratively."(FedEx.com, 2011) By operating independently, each company can focus exclusively on delivering
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Strategy: Product Redevelopment 12 Overlapping models 12 Reinvention 13 Appendix 18 Introduction General Motors is a company that has been around for over one century and has been an integral member of the automotive industry since its inception. To understand General Motors one must simply look at their business philosophy which guides them today, and is embodied in the companies’ culture: product excellence and customer focus, act as one company, and move with a sense
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