Unformatted text preview: key stakeholders. Another primary stakeholder would be the employee’s because they would at risk of losing their jobs. Economic and legal are the two perspectives in this case because Chrysler’s owners are at risk of losing their investments in the company. There is a legal perspective because Chrysler is legally obligated to go into bankruptcy by government orders and they are involved in lawsuits with the United Auto workers and Canadian Auto Workers unions. I would address the problem by accepting the Chapter 11 bankruptcy, which would allow my company to become debt free. If Chrysler was debt free, they could potentially work there way back up and become a successful auto company again. Chrysler is in a very tough situation, but becoming debt free by paying their creditors is the best bet for the auto company....
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This note was uploaded on 11/15/2011 for the course BUS 101 taught by Professor Rollins during the Fall '08 term at Miami University.
- Fall '08