Wednesday, February 26, 2020

General Motors International Operations Research Paper

General Motors International Operations - Research Paper Example The project aimed at improving its performance hence face the world competition of other related companies like China. Some years later, the company announced it wanted to reduce its investment by seventeen Billion US dollars to pat the pension debts as well as tax debts. The pension process required a special legal grant to free itself from tax penalties. In concluding, this paper proves how the company strategies to maintain its market share. This is evidenced the company has expanded marginally maintaining more than thirty vehicle plants in thirty-one countries. Introduction Automobile industry has grown tremendously within the last few decades as a result of technological advancement (Tuman, 2003). General Motors Corporation, a company based in America whose headquarters are in Michigan is a good example. The company is the world’s largest manufacturer and marketer of vehicles with many new and competitive brands. The company markets its vehicles under brand names like Bui ck, Chevrolet, Opel, Daewoo, and Vauxhall. The company also sells its products under other brand names based in China like Alpheon, Jiefang, and Wuling. Further, the company has absorbed more than 200,000 people across the globe and has business links with almost all the world countries (Crumm, 2010). In addition, the company also provides financing services through its subsidiary financial contracts. America provides the largest market for light vehicles, commercial vehicles, and the long chases. It roughly consumes about a half of the total production of the General Motors. General Motors was desperate to shed some of its own branches mainly in North America to settle government loans. However, the two successive presidents of the United States, George Bush, and Barrack Obama agreed to fund the company to enable it to retain most of its branches in North America. Through this funding, Davis (1999) argues, General Motors introduced Vauxhall Nova â€Å"the smallest and most fuel-ef ficient gasoline-power car ever offered by General Motors† (pg 113). General Motors has gone through a past positive progressive record since its incision despite the few challenges it might have undergone. As the largest world’s automobile industry, the company has recorded high-profit levels for a notable period of time. This success can be attributed to its slogan stated by Crumm (2010) that, â€Å"What is good for General Motors is good for the country† (pg 1). For the last two years, Toyota Company, General Motors’ main competitor has recorded a higher level. To compete effectively in the market, the company is focusing on the current market demands of their high consumers like Brazil, China, and the United States (Davis, 1999). The company has an expansion plan from which it expects to benefit extensively by investing more in new markets to meet the growing market demands. Diversity in General Motors is quite evident. Through this diversification, th e company comprises of almost all the fields of production, which include manufacturers, dealers, retailers, auto engineers, and body repairers. As a result, a swing in material change would occur automatically. General Motors has undergone economic and political surges, and there is little public criticism over the ever-expanding corporate power and control of the General Motors.

Monday, February 10, 2020

Prisoner's Dilemma Essay Example | Topics and Well Written Essays - 500 words

Prisoner's Dilemma - Essay Example The states of nature with no organization structures within the civil society are defined by â€Å""solitary, poor, nasty, brutish and short" (Binmore 56). Hobbes reaction of individuals in the society with no social institutions and with natural states is further backed by the â€Å"Prisoner’s Dilemma† which also defines the behavior of individuals in the society in its natural state. This theory is founded on the individualism powers in the society. According to the prisoner’s dilemma theory, everyone in the society is after achieving personal interest and thus more individualistic and self-fish. This makes the society less productive that it would have been had all the individual been willing to cooperate for the benefit of the society as a whole. A perfect example is that of ‘free rider’ in the society. Free rider problem is presented in case of public goods which are non-rival and non-excludability. Therefore, once provided, the cost of excludi ng others from consuming it would even be more expensive. This makes some people (free rider) to take advantage and consume the goods without paying to them, hence making the provision of such goods more costly (Binmore 59). According to Hobbes, the most preferred and rational states of nature in a civil society are cooperation and aversion of the natural societal state. Every society that breeds individualism ends up losing on its development course because of the self-seeking nature of the people in such society. According to Hobbes, individuals utilize their rational and natural impulse to engage in social contracts as a way of avoiding the fear brought about by the state of nature. This involves giving up on the right to self-governance. Self-right is traded for sovereign at the expense of the society. Sovereignty comes with authority and power that members of the society are expected to obey whether the