GM’s Chief Is Optimistic About 2006

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Patricia B

 

Date added:

October 17, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 408

 

Was viewed:

3492 times

 

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Essay content:

This issue comes into play because many people will think to purchase other vehicles that do not consume as much fuel which would involves fuel efficient vehicles or possibly even hybrids. Rick Wagoner, Chairman and Chief Executive, seems to think they will be alright because they will be able to cut cost in various ways...
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They believe that the cost of materials will go down in the next year. This is one cost they do not control but does help them out in the cost of making new vehicles. They also plan on reducing health-care costs. They don’t come right out and say it but I believe this to mean that they are going to pick a cheaper health-care plan for their employees so they don’t have to pay out as much...
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