GENERAL MOTORS Contents: Introduction………………………………………………….. 2 Background of the Company…………………………. 2 Present Age GM……………………………………………. 5 Micro Environmental Factors………………………… 6 Macro Environmental Factors………………………. 10 Marketing Strategy………………………………………. 13 SWOT Analysis…………………………………………….. 15 Introduction: General Motors Company commonly known as General Motors or GM is an American company and is the world’s second largest automaker company. General Motors produces cars and trucks
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Summary After three years bailed out by the federal government‚ General Motor Co. set a goal of making $10 billion a year which is an unthinkable goal. In 2012‚ GM report 2011 net income about $8 billion and its highest ever campare to 2010 with gain nearly twice which is $4.7 billion are growth in China and strong profit in North America. GM also aims over next several years to raise its profit margin to 10% from current margin of about 6% and would be among the highest in the auto industry. The
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currency) is received‚ and expenses are recorded when paid. However‚ unpaid credit sales and purchases do not show on ledgers‚ which can present a misleading picture of income and expenses. The posting method determines how Peachtree processes transactions to journals and the general ledger. 1. Real-Time Posting: Transactions are posted to the journals and the general ledger as they are entered and saved. This method can save you time and is best for most business and network environments.
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growth platforms. At the same time‚ he reorganizes the company‚ promotes "growth leaders" into top roles‚ and reorients the culture around innovation and risk taking. Finally‚ in 2006‚ he sees signs of growth‚ but wonders whether it is sustainable. General electric: Headquarters Fairfield‚ Connecticut‚ U.S. Revenue: US$ 182.515 billion (2008) Net income: US$ 17.410 billion (2008) Total assets: US$ 797.769 billion (2008) Employees: 323‚000 (2008) CEO & Chairman – Jeffrey R. Immelt Lines of business:
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1. The history‚ development‚ and growth of the company over time (e.g.‚ critical incidents) General Motors (GM) was founded in 1908. William C. Durant brought together 25 independent car companies to form one large corporation. Each company held its own identity as GM operated as central administration office for the 25 divisions. Due to high cost in manufacturing of automobiles‚ GM was only able to target wealthy customers who could afford cars. Then Henry Ford‚ owner and founder of Ford Motor
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management systems with billing engines • Flight information display systems • Staff information via the Intranet • ATC administration systems with over flight billing • Cash invoicing • E-Boarding passenger security systems • Ledger accounting AIRPORT OPERATIONAL DATABASE (AODB) The Airport 20/20 Operational Database (AODB) ensures that every person working at the airport has the information they need at the time they need it. Moreover‚ the use of a single database by all
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info and payroll registers. Then the sub ledgers and general ledger accounts as well. 12) How do fixed asset systems differ from purchases systems? - When it comes to the purchase system‚ you have the order itself then the purchase approval and purchase orders too. All these go their respective vendors‚ authorization procedures and accounts payable. When it comes to the fixed assets the disposal report is needed but also a posting to the sub ledgers and asset changes for the user department
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Case 2-1 Bar Harbor Blueberry Farm Data from Case |Date |Supplier Invoice |Supplier Name |Supplier Address |Amount | |March 7 |AJ34 |Bud’s Soil Prep‚ Inc. |PO Box 34 |$2‚067.85 | |March 11 |14568 |Osto Farmers Supply |45 Main |$ 67.50 | |March 14 |893V |Whalers Fertilizer‚ Inc
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Inkwell The company supplies a complete range of re-manufactured printer cartridges and laser tonne cartridges. The company sales its products through a nationwide chain of over 60 high streets shops and by on line shop 24/7. Most sales are retail sales (cash sales) but some of larger trade customers buy from central warehouse on credit terms (30 to 60 days) and get bulk discount based on value of their purchases each quarter. The company has been established in November 2003 in Birmingham by
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accounting ledgers and financial statements. It gives an accountant some great experience in the business world and I would want to do internal audit accounting because it is important and as an audit accountant I would be able to check the books for any waste‚ check if there is any fraud going on‚ any mismanagement and other discrepancies. Sales and service as a financial accountant‚ I would want to help prepare financial statements with information from a company’s general ledger‚ also being
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