Summarize your course project to this point. What have you learned about your companies? What are the two largest investing activities and financing activities for each firm? Compar
- Summarize your course project to this point. What have you learned about your companies?
- What are the two largest investing activities and financing activities for each firm?
- Compare and contrast the investing and financing activities of the two companies.
- Evaluate the investing and financing strategies of the two firms? Provide a rationale for your opinion as to the effectiveness of each of the strategies.
See attached file. 3 page minimum.
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General Motors Company (GM)
General Motors Company (GM) is an outstanding company in the auto industry that has many items offered on the world market. GM is an important stakeholder due to designing, manufacturing, and distributing different kinds of vehicles, such as cars, trucks, and SUVs. Some of these brands include Chevrolet, GMC, Cadillac and Buick. The number one position that GM commands in its industry is indicative of high production volumes, significant market shares, and a relatively stable financial history. Apart from offering its usual products, GM is on the frontline as it adopts electric and autonomous vehicles and leads in the current revolution in the car industry ( New York Stock Exchange).
Ford Motor Company (F)
A respected firm in the industry is Ford Motor Company, which is among the oldest rivals to General Motors. Ford has a long history of manufacturing a complete range of cars, pickups, SUVs, and electric vehicles worldwide. Ford has maintained its existence under brands such as Ford and Lincoln and has moved towards electric mobility to fit with market dynamics. Just as any other company in the car manufacturing section, Ford needs to go through many hurdles characteristic of this branch due to constantly changing economic conditions or consumer attitudes. Ford’s position in the industry shows that it has kept up with innovation while maintaining relevance amidst competition in the automotive sector.
Common Characteristics
Ford, as well as General Motors, have several things in common, which determine their activities in relation to the automobile industry. They are resilient because of their global outlook, large range of products and innovations, along with a good position in the market emergence. These have helped them navigate through the quest for electrification and autonomy and, as a result, have maintained their leading position in the automobile change.
Website analysis
General Motors Company (GM)
GM’s commitment to a better is through a people-oriented, environmental protection and community development approach. GM wants to be the most inclusive company on earth, using its voice and strength to promote inclusiveness within society. GM plans to shift into an entirely electric, clean-air environment that will be fair as it strives to achieve net zero greenhouse gas emissions ( General Motors website). GM concentrates on creating jobs, supporting economies of surrounding communicates, as well as contributing to fostering social advancement within business areas.
Ford Motor Company (F)
From the very beginning, Ford Motor Company has deep roots in the concept of purpose, which is part of its DNA. While this may sound like a mere marketing strategy, a purpose-driven approach forms a core part of who Ford is. The Rouge facility is one of various locations that demonstrates how the company’s mission and values translate into transformational action from the Five Dollar a Day Campaign to environmentally-conscious manufacturing practices (Ford Motor Company website). The role that purpose plays in leading actions, such as those spearheaded by Ford’s Executive Chair, Bill Ford, and Chief, Jim Farley, demonstrates its impact with respect to Ford’s leadership. It highlights a strong bond within families and communities as well as the will to perform right even during the hardest moments.
Comparison
Despite that, although there is a commitment on the part of both GM and Ford towards social responsibility and public impact, there is still a small quantity of distinction in articulation between them. Just like contemporary trends insist on inclusivity, GM stresses that it is working towards a fully electric world. However, Ford’s commitment derives from an extensive and old historical view demonstrating its role as a beacon with the company’s history of 118 years behind it. The two companies emphasize how they are agents of good cause in the communities, and part of their identity includes these commitments.
References
Ford Motor Company. “Ford® – New Hybrid and Electric Vehicles, SUVs, Crossovers, Trucks, Vans & Cars.” Ford Motor Company, www.ford.com.
General Motors: Pushing the Limits of Transportation and Technology. www.gm.com.
New York Stock Exchange : Company Listings. www.advfn.com/nyse/newyorkstockexchange.asp.
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