Working As a Manager for Term Paper

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Yet another strategy adopted by both American competitors (General Motors) as well as Japanese produces regards the outsourcing of their labor force. This means that the producers have chosen to contract workforce from abroad in order to reduce costs and benefits from the services of better qualified personnel.

Another course of action that will be taken by Chrysler competitor Toyota is to improve the quality of their finance and accounting department in order to keep a clear evidence of all activities taking place within the corporation.

A note addressed to General Motors' chief executive officer proposed a rather intriguing strategy and it basically referred to the corporation's falling behind and allowing Toyota to become the international leader. In doing so, General Motors would no longer be preoccupied by marinating its positions and would finally possess the time and energy to focus on reaching other main objectives such as increasing profits. It is generally agreed that achieving the first position is seldom as difficult as it is maintaining that position. And in the case of General Motors, being number one implies several costs for acquiring the best high technology devices and services, devices and services that generally bring about the necessity to cut down other vital expenses. In other words, by stepping out and allowing Toyota to become the automobile international leader, General Motors would gain precious time and energy to focus on achieving other core goals.

3. Chrysler competing with General Motors

In order to become a strong competitor for General Motors, DaimlerChrysler needs to first analyze their mistakes and learn never to repeat them. For instance, they are no cost ever to over produce automobiles they will further on be unable to place on the market.

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Not only does such an action have negative effects upon the corporation, but it also saturates the market and reduces buyer's interest in the product. Moreover, to insure a successful outcome of their actions, DaimlerChrysler has to reduce costs, improve relationships with providers and develop new business relationships, increase their market segment and regain the interest of customers. The statistics reveal that the corporation is indeed on the right track, moreover since their losses have been estimated to decrease from 1.2 billion dollars in 2006 to 1 billion dollars in 2007. However more working needs to be done in order to become a strong competitor for GM.

In a nutshell, DaimlerChrysler is an icon of the automobile world, but it has recently been subjected to negative influence that cost the company money and damaged their reputation. The largest inconvenient of DaimlerChrysler regards their rather limited market segment to which their products are addressed. In order to increase this segment of customers, the concern should diverse their product line and design automobiles for both genders and various age ranges. Further more, the producer could also provide services to personalize the purchased automobiles and even to include certain features required by the public such as double sound system or other hi-tech devices required by the clientele......

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