FISHER–GENERAL MOTORS AND THE NATURE OF THE FIRM* BENJAMIN KLEIN University of California‚ Los Angeles Abstract After working well for more than 5 years‚ the Fisher Body–General Motors (GM) contract for the supply of automobile bodies broke down when GM’s demand for Fisher’s bodies unexpectedly increased dramatically. This pushed the imperfect contractual arrangement between the parties outside the self-enforcing range and led Fisher to take advantage of the fact that GM was contractually obligated
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Abstract: In June 2008‚ India-based Tata Motors Ltd. announced that it had completed the acquisition of the two iconic British brands - Jaguar and Land Rover (JLR) from the US-based Ford Motors for US$ 2.3 billion. Tata Motors stood to gain on several fronts from the deal. One‚ the acquisition would help the company acquire a global footprint and enter the high-end premier segment of the global automobile market. After the acquisition‚ Tata Motors would own the world ’s cheapest car - the US$ 2
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GENERAL MOTORS BAILOUT PROBLEM Introduction Founded in 1908‚ General Motors has been one of the largest corporation and the second largest automaker in the world coming after Toyota. For 77 consecutive years from 1931 to 1908‚ GM has been a leading automaker and marketer as ranked by the total number of units sold yearly. General motors have also been a leading employer not only in the United States but also in other parts of the world where it operates. However‚ the company has been seriously
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A Financial Ratio Quarterly Trend Analysis of: Ford Motor Company Computations Line Item | Beginning of Year | | | | | Inventory | | | | $5‚901‚000 | | | | | Total assets | | | | $178‚348‚000 | | | | | Owners ’ equity | | | | $15‚028‚000 | | | | | Number of common shares | | 3‚816 | | | | | | | | | | | | | | | | | | 9/29/2012 | 6/29/2012 | 3/30/2012 | 12/30/2011 | | Line Item | Q1 | Q2 | Q3 | Q4 | Annual | Current
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Operations Strategy in a Global Environment International Operations at General Motors For years‚ General Motors dabbled with the idea of becoming a truly global business. While the firm exported its cars to several other countries and had a few plants outside the U.S.‚ it remained predominantly a North American enterprise. Just a few years ago‚ for example‚ 80% of the firm’s vehicles were made in North America. Cars made elsewhere were often retreads of older
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EXPENSIONS & INVESTMENTS 4 GENERAL MOTORS CHALLENGES & OPPORTUNITIES 5 II-INDUDSTRY CONDITION & COMPETITORS AUTOMOTIVE INDUSTRY & COMPETITORS 6 AUTOMOTIVE INDUSTRY CHALLENGES 7 INDUSTRY OPPORTUNITIES 8 III-RATIO & STOCKS ANALYSIS GM TREND ANALYSIS 9 GM‚ FORD & TOYOTA BENCHMARK ANALYSIS 10 STOCK PERFORMANCES 12 IV-CONCLUSION CONCLUSION 14 V-APPENDIX COMPANY FINANCIAL STATEMENTS 16 RATIO CALCULATIONS 21 WORKS CITED 27 I- company information General Motors (GM) is one of the biggest
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com//chevrolet-volt/features-specs/ (accessed January 24‚ 2011) GM Volt.2010. Frequently Asked Questions. http://gm-volt.com//chevy-volt-faqs/ (accessed January 24‚ 2011) GM Volt.2010. Chevy Volt Price‚ Pictures‚ Reviews. http://chevybolt.org (accessed January 24‚ 2011) General Motors Corp Mlive.com. 2008. GM: US Industry in recession‚ changing marketing plan. http://www.mlive.com/business/index.ssf/2008/05/gm_us_industry_in_recession_ch.html (accessed January 29‚ 2011) Nissan Leaf U.S. Department of Energy. Plug in Hybrids
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Subsidizing Union Compensation By James Sherk and Todd Zywicki. Retrieved from http://www.heritage.org/research/reports/2012/06/auto-bailout-or-uaw-bailout-taxpayer losses-came-from-subsidizing-union-compensation. The government bailout of General Motors (GM) and Chrysler between 2008 and 2009 coasted taxpayers approximately $23 billion. President Barack Obama emphatically defends his decision to subsidize the automakers‚ arguing it was necessary to prevent massive job losses. Even if one accepts
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conditions‚ organizations are able to take a wider variety of approaches to managing compensation for hourly workers. And nowhere are these differences more apparent than in the contrasting conditions for hourly workers at General Motors and Wal-Mart. General Motors is an old‚ traditional industrial company that until recently was the nation’s largest employer. And for decades‚ its hourly workers have been protected by strong labor union like the United Auto Workers (UAW). These unions
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MGMT 7 Management Team Decision Chapter 5 To Pay or Not to Pay Toyota used to sit on top of the world. It basked in the reputation of building high-quality cars efficiently. It enjoyed unprecedented growth‚ even surpassing General Motors as the largest car manufacturer in the world. But all of that came tumbling down with reports that cars were accelerating out of control‚ careening down highways‚ and putting everyone’s lives in danger. There was even a recording of a 911 call from an off-duty
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