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Unformatted text preview: To: General Motors F rom: Tyler Clark Date: March 23, 2010 Subject: RECOMMENDED BUSINESS PLAN FOR EMERGING GENERAL MOTORS In November 20, 2010, the Obama’s administration asked the auto-task force for a report on the current state of General Motors. A titan in the auto industry, General Motors had now come upon the brink of bankruptcy. After evaluating the history and data of General Motors I recommend that the company change management and renegotiate current terms with the United Auto Workers Union. To respond to the administration’s inquiry, this report has been complied to show (a) critical factors that lead to the financial collapse of General Motors, and (b) proposed actions to resolve these factors. Crucial Factors that Lead to the Financial Collapse of General Motors Two critical factors have taken GM to bankruptcy. These factors were researched and calculated as the leading cuase of failure: • Large bureaucracy— which leads to incomplete information, bad products, and out...
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This note was uploaded on 04/01/2011 for the course MANEC 387 taught by Professor Crawford,l during the Spring '08 term at BYU.
- Spring '08