Business: The Ford Pinto Fires In early 1968‚ the Ford Motor Company decided to take on the foreign car competition by introducing a compact‚ affordable vehicle they named the Pinto. What began as the decision to enter the race for the top small car ultimately led to an unprecedented court case wherein the Ford Motor Company found itself charged with reckless homicide and was the first corporation charged with criminal conduct. In this paper‚ the authors delve into the tragedy of the Ford Pinto fires
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Introduction: Sushi King. Sushi King first opened their doors in 1995‚ pioneering a new era of Japanese cuisine in Malaysia with their unique ‘Kaiten Sushi’ or ‘Revolving Sushi’ with quick service restaurant concept. Offering a wide variety of sushi along with an expansive menu of other Japanese food at affordable prices in a friendly‚ cosy environment‚ Sushi King quickly gained popularity to become a favourite amongst locals and foreigners alike. From a single outlet in Kuala Lumpur‚ they have
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The Path Forward: LIT MOTORS This report considers the strategy for Lit Motors; a San-Francisco based electric car start-up with two prototype vehicles in development. The Lit C-1 is the flagship product described as an enclosed‚ two-passenger‚ electric-powered‚ two-wheeled “daily driver”. The Lit Cargo Scooter folds to a small footprint when not in use and provides additional cargo space compared to normal scooters. The president and founder of Lit Motors is Daniel Kim‚ an erstwhile science and
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Toyota Motor Corporation: Strategic Analysis Introduction Toyota Motor Corporation has been a dominant name in vehicle manufacturing for several decades. Despite the patriotic drive in the United States to "buy American"‚ the company has held its own‚ remaining a dominant and continually growing company in the corporate world of transportation. Though this is quite an accomplishment‚ in and of itself‚ the many layers of the company reveal it to actually be a far more complex entity than the average
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TOM FORD Executive summary Tom Ford‚ one of the most influential designers in the world‚ can accredit his success to his drive‚ having a vision‚ working hard and taking risks. He dug Gucci up from the ground and created history in doing so. He was born with an innate ability to create and perfect‚ and through his passion he created hedonistic luxury and painfully romantic glamous. He redefined and brought the Gucci Group to success. He had an overwhelming impact on the fashion industry
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global automobile industry……….3 The global strategies of Ford Motor and Nissan after the Recession…………......4 Benefits and limitations of Ford Motor’s and Nissan’s strategies………………...5 Short-term profitability…………………………………………………………..5 Long-run stability……………………………………………………………..6 Conclusion……………………………………………………………………………6 Introduction The notion of “Global strategy”‚ in international business literature refers to a company that treats the world as largely one market and one source
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“something out of nothing” whereas it actually is “the radical and effective change of something understood deeply” (Robinson and Hackett 1997). General Motors is certainly trying to appreciate this‚ and the company is always seeking to bring new products - or improvements to their current products - to market. COMPANY BACKGROUND General Motors Corporation‚ also known as GM‚ is the world ’s largest automaker and has been the global industry sales leader for 75 years. Founded in 1908‚ GM today employs
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An Overview of Strategy Development Models and the Ward-Rivani Model corresponding author: Dr. David Ward‚ European School of Economics‚ Via Chiaravalle 9‚ 20100 Milan‚ Italy. All correspondence to Dr David Ward‚ Via Fornari 46‚ 20146 Milan‚ Italy email: daward@tin.it co-author: Elena Rivani‚ Via Orsoni 41‚ 40068‚ San Lazzaro di S. (Bo)‚ Italy. Abstract Numerous models for developing strategy‚ defining and aligning competitive advantage have been proposed over the years (and even centuries if
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FORD CASE STUDY 1. Using competing values‚ assess why Ford is widely considered more effective than GM. How could GM have used the competing-values approach in the early 1980s to recognize that it had problems? • In case of Ford motors they were earlier implementing the Rational Goal Model that lays immense emphasis of higher level of productivity‚ efficiency and profit. The decision-making is centralized to the higher-level authority with very less or no participation from the lower level
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Governance Both Ford and GM completely abide by NYSE corporate governance standards‚ as they are domestic US companies. Ford and GM are required to strictly follow NYSE corporate governance standards. Toyota is permitted to follow certain corporate governance practices complying with Japanese laws and regulations‚ the NYSE has ruled that Toyota is exempt from certain NYSE corporate governance requirements. A significant difference in Toyota’s corporate governance structure is that the company currently
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