Thursday, April 25, 2019

Management team decision Coursework Example | Topics and Well Written Essays - 1000 words

Management team decision - Coursework ExampleThe plan of interest is the modification technique as it provides greater amounts of sustainable and near-term profitability.Currently, General Motors produces over 85 models and the appropriate move is to regulating production of various models. The company will be in a position of reducing the overlapping models and digest on the product mixes for purposes of allowing future redevelopment. General Motors should take away(p) the GMC Passenger avant-garde and Cargo Van as their Chevrolet brand offers similar vans with minor variations of the model. The organization should also include major changes in the menstruum product mixes to achieve a turnaround for the current situation. The firm can achieve its profitability goals by means of a reduction plan of the overlapping vehicles in various brands since ascertained brands should not drive away customers. The strategies are intended to take the business away from competition. The enti ty can concentrate on defining some(prenominal) strategic decisions since it takes time to attach justifications behind the removal of each model (Peng 2008).As the company experiences cut SUV sales, the corporation has to reduce the Envoy models to three as well as the Yukon models. Pontiac needs to remove the atomic number 109 Vans in the product line as the vans are outdated in terms of design as it not profitable. The companys past strategy was to offer a broad assortment of cars low each brand. General Motors has changed the strategy through limiting the product portfolio and focusing on Cadillac and Chevrolet as marquess brands (Sekhar 2009). The organization has repositioned Hummer, Saab, and Saturn within niche brands. The approach combines Buick, GMC, and Pontiac into distribution channels that are complementary. Success of the firm appears to institute on taking strategic steps towards the profitability direction through making

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