General Motors Inc. Essay -- Business, Entrepreneurship, Innovation

familiar Motors in mergeds entrepreneurship and groundwork into its business objectives. This is evident in General Motors Vision command which states that its goal is to lead in go on technologies and quality by creating the instaurations best vehicles. (1) For instance General Motors has an extensive R & D, Design, and engineering department that oversees the creativity, innovation, and invention of its strategic technologies and innovation programs which are aligned with its corporate vision. In order to lead in advanced technologies of the worlds best vehicles General Motors incorporates entrepreneurship and innovation concepts, which are essential to competing in the spherical market place.(2) In the spirit of entrepreneurship, which is the mental process of discovering new ways of compounding resources,(5) General Motors is a majority shareholder in GM Daewoo elevator car & Technology Company of South Korea, and has increase, powertrain and purchasing collaborations w ith Suzuki Motor Corporation in Japan.(3) These associations allow General Motors to maneuver into specific customer markets and broaden its product base. Being an innovative organization also requires General Motors to establish advanced technology collaborations, which it has with Daimler AG and BMW AG of Germany and Toyota Motor Corp. of Japan (3) as hygienic as promoting competitiveness and deferring the represent of the research and development. (2) One example of innovation, which is the process of devising a new idea or thing, or ameliorate an existing idea (5), is the two-mode hybrid system existence used directly on GMs hybrid pickups and SUVs. This was a result of the fusion between BMW and GM in which both manufacturers benefited. BMW benefited from GMs battery, lengthy ran... ...nd meet their quality targets. Your most important customer will be able to pick and choose any type of options that they want on their Cruze, when they want it. Competition Our scisso r lifts were bought in a package stool for our paint shop and three others. Not installing this new dummy up retaining nut will leave us susceptible to thousands of units being garbled along with idling hundreds of people. Not to mention the increase in the cost per vehicle because we did not meet or production targets. In conclusion, innovation and the need for it will never diminish no matter how immense or small. For me, my company, and my country innovation is the key to our success and our very existence. With that being said, you better not pass a great idea and have no one to sell it to. The customer will always be first, second, and third for that matter, if we are to succeed.