Preview

General Motors: Compensation To Family

Satisfactory Essays
Open Document
Open Document
118 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
General Motors: Compensation To Family
As a first step to putting our apology into action, General Motors will be showing their sympathy to family's by visiting them and providing a compensation plan to the family members of those that have been injured and those that died. General Motors will be paying for all Heath care cost and funeral cost. We will also be paying a percentage of the family's living expenses which includes food, shelter, education, insurance and etc. We will also be providing the family with a new replacement vehicle of their pick, which includes colour, features and etc. We will make sure that the vehicle has been tested and checked for safety by our best technicians before we deliver the
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Maersk's Compensation Case Study
    • 362 Words
    • 2 Pages

    Maersk's Compensation Case Study

    Maersk’s compensation philosophy is that they offer a competitive salary and benefits package, such as health insurance, dental and vision insurance, a 401k savings plan with employer match, and paid time off (CARE Business Partner Job Posting). The market influences this philosophy because if business is not well for the company they won’t be able to keep up with the competitive pay rates and may lose employees to a competitor that may be having a better year, and offering a higher pay rate. Also, if the price of materials is higher, that leaves less money for the employees. On the other hand if business is good and doing well the company my reward all the employees that may have had a hand in the success with a bonus of some sort.…

    • 362 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Commentary On Why GM Matters By Rick Wagoner
    • 1197 Words
    • 5 Pages

    Commentary On Why GM Matters By Rick Wagoner

    Why GM Matters is a book written about the history of General Motors Company and the struggle they endured during the 2008 economic recession. The book is broken into three parts; the first part explains what went wrong with General Motors Company including the workers that would be affected if General Motors Company had to move their production to another country or if they had to close the doors on General Motors Company and let Toyota buy them out. The book also discusses in the first part, the person most people consider responsible for their struggle throughout the recession, Rick Wagoner. The author in the first part conducted many interviews with General Motors Company employees such as, works that worked in the production plant, workers that handled the finances, but most notably, Rick Wagoner. The majority of the first part is about the history of General Motors Company and the consequences that would occur if General Motors was bought out by Toyota.…

    • 1197 Words
    • 5 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    General Motors Law Case Study
    • 174 Words
    • 1 Page

    General Motors Law Case Study

    General Motors will pay $900 million to a criminal charge that is from the flawed ignition that has caused at least 124 deaths. The problem with the ignition is that it could shut off the car, which disables the airbags, steering, and power brakes. With this flaw it puts drives and anyone in the vehicle at risk. General Motors employees have been aware of this issue for almost 10 years before the recall. It is not illegal to sell a car that has an issue with it. The reason the company is being charged is for not reporting and stating that it has an issue.…

    • 174 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    MKT421 Wk1 Favorite Brand Paper
    • 972 Words
    • 3 Pages

    MKT421 Wk1 Favorite Brand Paper

    Although the United States has one of the largest automotive markets in the world and is home to 13 auto manufacturers. I am very passionate towards General Motors (GM). General “Motors was founded by William “Billy” Durant on September 16, 1908. Durant had become a leading manufacturer of horse-drawn vehicles in Flint, MI before making his foray into the automobile industry. At its inception GM held only the Buick Motor Company, but in a matter of years would acquire more than 20 companies including Oldsmobile, Cadillac, and Oakland, today known as Pontiac”, (GM, 2014) “General Motors has played a pivotal role in the global auto industry for more than 100 years. From the first Buick horseless carriages to technological marvels like the Chevrolet Volt, our products and innovations have always excelled at putting the world on wheels” (GM, 2014). I think one of the reasons I am partial to GM is that my family has always owned them. I can remember my father telling me, “Son there’s nothing like American steel and there certainly isn’t anything better than an American made automotive.” On certain occasions my father would take me to the dealership and seeing how the Service staff provided high level of prestige service just because he owned a 1972 GMC Sierra 1500. Like days of old, GMC is the flagship series line of GM vehicles, a symbol that a person had money and is…

    • 972 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Will GM S Strategic Plan Lead To Future Success
    • 1039 Words
    • 3 Pages

    Will GM S Strategic Plan Lead To Future Success

    GM’s vision and main focus is to achieve a healthier margin and profit. Although this vision may not be very easy to attain, is a very realistic one. In spite of the fact that it seemed to be a “once-unthinkable” goal, GM reported its highest-ever net income of about $8 billion in 2011. This was a massive increase from the previous year’s net income of $4.7 billion, and was in accordance with its vision of achieving higher profit. A short while after that, GM also released figures of its global sales, which showed its reclaim of the ‘world's largest auto maker’ title from its rival, Toyota. Based on these facts, I…

    • 1039 Words
    • 3 Pages
    Good Essays
    Read More
  • Best Essays

    Pirozzoli Ethics HU432 Exam 1
    • 3185 Words
    • 9 Pages

    Pirozzoli Ethics HU432 Exam 1

    General Motors (GM) is one of the oldest and largest car manufactures in the United States. As early as 2001, the company began to notice issues with an ignition switch that was to be used in many car models. The problem with this switch was that a driver could “inadvertently knock them to ‘off’ or ‘accessory’ mode while driving” (Plumer, 2014). If this happened, “the engine would shut off and cars would lose their power steering and power brakes” as well as the airbags “wouldn’t inflate in the event of a crash” (Plumer, 2014). Allowing this problem to not be fixed led to many crashes and fatalities across the United States. After several years this eventually led to the recall of millions of cars and thousands of lawsuits for GM. This is an ethical issue because GM was knowledgeable of the problem and made a decision to ignore it which led to the deaths and injuries of many innocent people. In order to evaluate this ethical situation we will…

    • 3185 Words
    • 9 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Canadian Compensation System Analysis
    • 82 Words
    • 1 Page

    Canadian Compensation System Analysis

    This research paper is to discuss the positive and negative effects of Canadian correction system vs the middle eastern correction system on inmates and convicts. First, life does matter regardless the person, who is charged with rape, theft, assault, etc. However, will discuss the effects of restorative justice offenders and victims. As well, the discussion of two of biggest middle eastern countries that are molded by the Sharia law countries such as, Iraq and Iran. Additionally, how sharia law came to existence.…

    • 82 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Should the United States Federal Government Have Assisted the Automotive Manufacturers from Going Bankrupt
    • 908 Words
    • 4 Pages

    Should the United States Federal Government Have Assisted the Automotive Manufacturers from Going Bankrupt

    In the fall of 2008, General Motors, Ford and Chrysler-known for decades as the Big Three encountered a very serious automotive industry crisis that they haven’t met before. This unprecedented crisis made these three leading companies in automotive industry step at the edge of bankruptcy. Facing this critical problem, automotive companies can not deal with this severe difficult situation all by themselves then they turn to the United States Federal Government for help not only once but several times. According to a report published by Center for Automotive Research in the United States, the United States Federal Government successfully avoids a lose of 28.6 billion dollars by offering assistance to automotive manufacturers in this crisis. Even though this amount of money can not be comparable with the tremendous amount of money the United States Federal Government loaned to the automotive industries, it does demonstrate that the government has done something really helpful and successful in term of the outcome of this action and the federal government’s functions in some extent. Therefore, as far as I am concerned, the United States Federal Government should have assisted the automotive manufacturers from going bankrupt. Then I will illustrate my reasons to support my opinion in the following statement.…

    • 908 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Army Study Guide 2013
    • 8916 Words
    • 36 Pages

    Army Study Guide 2013

    war for a decade-it's time our doctrine caught up." LTG Perkins, Commanding General, US Army…

    • 8916 Words
    • 36 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Unit 4222-201.4
    • 287 Words
    • 2 Pages

    Unit 4222-201.4

    OUTCOME 4.1 Confidentiality is not about keeping secrets , it is about protecting an individual’s right to privacy. My duty is to keep personal info about patient and his family private and only share this info with those who have right to know or when a family member of patient give the permission to share.…

    • 287 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    The Primary Cause Of the FAilure
    • 853 Words
    • 4 Pages

    The Primary Cause Of the FAilure

    GM and Chrysler’s management also failed to anticipate the rise of energy prices. Gas prices skyrocketed to almost four dollars a gallon and with the fragile state of the economy, it made people very conservative about their driving. The rise of gas prices was almost like a death sentence to Chrysler and GM. They have relied on the sales of sport utility vehicles or SUVs as their main source of income. The sport utility vehicles carry an already high price tag and when you add the gas prices you get vehicles that nobody wants to purchase. People wanted to get rid of their SUVs because they just cost too…

    • 853 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Effects of Government Bailout of General Motors as Viewed by Two Contrasting Government Control Views
    • 1706 Words
    • 7 Pages

    Effects of Government Bailout of General Motors as Viewed by Two Contrasting Government Control Views

    In conclusion I agree with many of the aspects Equality presented. General Motors was already given assistance; they need to be given the chance and motivation to try to rescue themselves. In history it’s been proven that the economy will right itself, government involvement has a tendency to make the situation worse.…

    • 1706 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Ford Pinto
    • 1922 Words
    • 8 Pages

    Ford Pinto

    One of the biggest automotive news stories in the latter part of the 1970’s dealt with tales of exploding Ford Pintos and the considerable awards civil court juries were presenting to victims of accidents involving the cars.…

    • 1922 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Best Essays

    Organizational Change
    • 2582 Words
    • 7 Pages

    Organizational Change

    In 2009, General Motors received a “bailout” from the United States government because it promised that there would be a substantial change within the company. The organizational changes that General Motors brought about were corporate downsizing. There was drastic restructuring within General Motors so that it became less bureaucratic. In fact, several layers of management were removed. These decisions saved money and improved the speed of decision making. Further, General Motors’ culture was changed to one of building cars that directly satisfied the needs of customers. Already, there have been positive effects within the company. It had incurred a net loss of $30.9 billion in 2008.…

    • 2582 Words
    • 7 Pages
    Best Essays
    Read More
  • Powerful Essays

    Elderly Drivers Research Paper
    • 2465 Words
    • 10 Pages

    Elderly Drivers Research Paper

    The motor vehicle has always been one of the major contributors to the death rate in America. Every time a person enters a car he is putting himself into a tremendous amount of danger. In the year 2007, accidents ranked as the fifth highest cause for number of deaths in America (Leading Causes of Death). Not only do car accidents cause deaths and injuries, but they also result in an enormous amount of money that is needed to fix damages. For example, in 2005 there were approximately “6,420,000” documented car accidents in the U.S. (Car Accident Statistics). These accidents resulted in over “42,000” deaths and about “2,900,000” injuries (Car Accident Statistics). Not only were the people involved hurt, but their bank accounts were hurt as well. In this year alone, the money spent amounted to an unbelievable “230,000,000,000 dollars” (Car Accident Statistics). While the benefits of the automobile clearly outweigh the negatives, any measure to reduce accidents and the consequences of accidents should be taken by both individual drivers and the…

    • 2465 Words
    • 10 Pages
    Powerful Essays
    Read More