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Would Lowering the Fixed Cost Be Enough to Fix the Problem? Stories Behind Domestic Automakers
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Would Lowering the Fixed Cost Be Enough to Fix the Problem? Stories Behind Domestic Automakers
Year 2009 witnessed the bankruptcy of the world’s biggest automaker, GM, which was just a tip of an iceberg. The whole US auto sales plummeted to 10 million units, the lowest level since 1982. Apparently, the global financial downturn had huge impact on every aspect of the US auto sector.
What Money IsA rather silly question, but what is money? Well yes I’m aware that it’s a form of currency used to exchange goods, but how many of us actually see beyond that definition to the real meaning of money? People often mistake money for power. Knowledge is power, money is help.