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Title: Macroeconomics

Essay Details

Subject: Business
Author: Christina M
Date: April 13, 2015
Level: University
Grade: A
Length: 13 / 3799
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Automotive Industry in general is re-inventing itself by introducing more fuel-efficient cars due to the global increase in gas prices. Along with the high cost structure GM is also facing Operational issues such as their dependence on vehicles designed for developed markets and add to the mix planning issues related to the speed of change that has accelerated dramatically and the fact that current models are having a shorter shelf life than in the past...

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According to (Korth, 2005) "The ability to turn around these negative trends is in question and the scale of improvement required in the short term is daunting." Recent numbers provided by key economic indicators such as Retail Sales, GDP, Unemployment Rates and Interest Rates do not bode well for General Motors...

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