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Essay / Research Paper Abstract
This 5 page paper examines the organizational structure and goals of two automotive companies; General Motors (GM) and Ford, comparing and contrasting the different situations in 2010, identifying the relevant goals and then looking at the underlying organizational structure that is utilized to achieve these goals. The bibliography cites 5 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEOSfordGM.rtf
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Unformatted sample text from the term paper:
of the largest automotive companies and the two largest US companies, but they have been impacted differently which can be seen in their organizational structure and goals. GM suffered badly
as a result of the recession and in 2009 was forced to file for bankruptcy. This has a significant impact and saw a change in ownership with NGMO Inc., (New
GM) purchasing the operating assets. This creates a greater focus on the goals of the organization in terms of operations to develop and then maintain a firm that is financially
viable. For GM this has meant major changes with the sale of many assets, such as the European operations that were operating under the Vauxhall name, as well as Hummer,
Saturn and Saab. The divestment in many inertest has significantly changes the operating structure of the firm, with major downsizing taking place, reducing the diversification of the firm, not
only in geographical spread, but in product diversity. The goal has been to create a firm that has a lower sales volume and can be profitable (New York Times, 2010).
The ownership structure as the new GM is planning on holding a IPO which will enable the government, which currently owns a 61% stake in the firm to reduce its
holding and the firm (New York Times, 2010). However, despite these pressures it may be argued that many of the goals of GM can be seen at Ford, there
have been the same pressures on the firm and while there has not been a shift in the ownership structure that has increased emphasis on some aspects of operations, the
same issues have to be addressed for the firm to remain viable,. There have been significant goals for cost cutting in order to return to profit. As a public limited
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