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Essay / Research Paper Abstract
This 5 page paper takes a look at this new automotive net business. The history of the company is included along with a look at the firm's future. Bibliography lists 6 sources.
Page Count:
5 pages (~225 words per page)
File: RT13_SA206Cov.rtf
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Unformatted sample text from the term paper:
called NewCo ("Covisint," 2002), is something rather innovative, but an idea that is geared to todays postmodern world. In a time when most everyone is connected to the Internet,
something that is considered to be a tool utilized to expedite buying and selling, the idea to accelerate and improve parts distribution for automobiles is certainly a good idea. With
the backing of large corporations, this holding company allows for a new method of selling mundane items and is a good B-to-B idea. Covisint, Inc. is run
by CEO Kevin W. English ("Covisint, Inc.," 2002). Hoovers states that the company is trying to bring the automobile industry into modernity with a global Internet exchange in order to
improve automakers and suppliers efficiency in accessing supplies (2002). It is a unique idea. Most consumers know that waiting for parts can be difficult, especially if one relies on their
car for daily transportation. The idea was originally conceived by Ford, GM and DaimlerChrysler only but the venture has also more recently included Renault/Nissan and Delphi (2002). The
goal had been integration and collaboration, something that promises lower costs as well as easier business practices and a significant increase in efficiencies for the whole industry (2002). Indeed,
this company that is comprised of other successful organizations is likely to do well. Covisint, Incorporated is technically a holding company which operates through Covisint LLC, a firm that had
established offices in Michigan, Amsterdam, and Tokyo ("Covisint, Inc.," 2002). When the company first began as NewCo, the planning team moved into temporary quarters in Michigan ("Covisint," 2002). It was
just one month later in April of 2000 that Renault and Nissan joined the company and brought personnel and other resources aboard (2002). NewCo of course would eventually become Covisint
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