Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The most cost efficient company Over the years, GE(General Electrics) was respected as one of the most admired company in America under the leadershipby Mr.

The most cost efficient company

Over the years, GE(General Electrics) was respected as one of the most admired company in America under the leadershipby Mr. Jack Welch.One timeDell and Wal-mart tried to take over the prestigiousstatus and got set back.

Fortune: America's most Admired companies 2021(Top 10)

  1. Apple
  2. Amazon.com
  3. Microsoft
  4. Disney
  5. Starbucks
  6. BerkshireHathaway
  7. Alphabet
  8. JPMorgan Chase
  9. Netflix
  10. Costco

  1. In your opinion, which corporationis the most cost efficient, best managed, and most admired company in America nowadays?GE, Proctor Gamble, Johnson & Johnson ,Dell ,Wal-mart or some other, lately Apple? why?
  2. One time mighty companies such as IBM, or GM etc have been declining in their powerful status. What lesson can we learn from those cases? Do you think the leadership of Mary Barra (GM CEO) with vision of focusing on electric car and self driving car can revive old glory of GM?
  3. Is the main reason of company failure due to leadership failure? Or is it due to complacency problem, fear for change, lack of hungry spirit, bureaucratic red tape, big is ugly, diseconomy scale or lack of micro management, a failure to adapt to changing technology? or you name it.
  4. What are your ideas to keep a world class company such as APPLE or etc. to stay on top with continuous success in expanding market share, cost cutting efficiency or prosperous profits? Possibly new creative leadership, thinking outside the box, without fear of change, maintaining a hungry spirit to be better? Give your own idea.
  5. Which one company is the best one you wish to invest for the next 3 decades, based on its management, product or business model, financial condition (with low debt), consistent and potential earning?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

E-Commerce 2013 Business Technology Society

Authors: Ken Laudon, Kenneth C Laudon

9th Edition

0132730359, 978-0132730358

More Books

Students also viewed these Economics questions

Question

1. Speak privately if possible; dont threaten.

Answered: 1 week ago