Thursday, August 8, 2019
General Motors Essay Example | Topics and Well Written Essays - 500 words
General Motors - Essay Example During the duration of its existence, General Motors has engaged in the production of models that target specifically the baby boomers generation. This constitutes of a younger generation who are aggressive bout simple, stylish models that go with fashion. Latest statistical analysis points out that the company has targeted customers in mid 20 who accounts for almost 50% revenue returns from the sale of vehicles (GM, 2014).Economic analysisGeneral motorsââ¬â¢ has played a considerable role to the development of the United States and a global economy. Based on the national financial reports of the United States, the company has contributed a higher percentage of economic development for a longer duration since its launching into operation. Not only to the United States, has General Motorsââ¬â¢ also had a huge economic impact in its areas of operations. In essence, the organization has triggered operations of the other industries such as aluminum and textile that supply raw mater ials to the industry. In addition, the company has also created job opportunities both directly and indirectly to a significant number of populations.Political//legalWith influence from both the government and members of the public, the company has constantly implemented different policies to harmonize mutual coexistence of all members of the society with customers invoking dominance on to the progress of the business. With the current trend in modern life, most members of the society associate status of life with the car the person drives.
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