Business & Markets In A Global Environment (Assessment 1 ) Case Study

Business & Markets In A Global Environment (Assessment 1 ) - Case Study Example ve to take into consideration the importance of having an interconnected society that allows for quick movements across the world, and consider investments across the divide. The dissemination of knowledge allows for easier maximization of skills and knowledge, with companies looking for different ways of outsourcing services to reduce the costs of operation and make their products affordable by all. General Motors (GM) is a global multinational automaker that has remained at the top of the industries for several decades. The increasing globalization continues to boost its presence and the growth of its market share is a key evidence of its presence in the global market. Globalization, therefore, is an effective way of understanding the merits and demerits of dealing with increased connectivity across the world. GM continues to take advantage of globalization by making use of its subsidiaries to produce its vehicles at a cheaper price. The aim is to create a platform where the company can reduce its operating costs, increase its manufacturing ability, and increase the number of units sold annually. This has made the company look for different means of outsourcing cheaper skills yet effective in meeting its ultimate goals of being a quality automaker in the world (Dunne, 2011). Its branches across the world all have their different aims and objectives, and that provides different attributes that ought to take the center stage during each manufacturing process. The needs of the locals must be met to make the company a favorite amongst its core producers. Headquartered in Detroit, Michigan, GM has been in existence since 1909. It continues to provide the world with a variety of automobiles from its facilities. It has expanded its brands to thirteen with production in 37 countries, and owning majority stakes in a myriad other companies across the world. This has made it one of the largest companies in the automobile industry, serving as a designer, a manufacturer,