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Organizational Systems Management in Auto Industry Crisis

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Summarize your thoughts about the US Auto Industry Crisis in the context of the weekly readings and discussions. In your response answer the following question:

What part of the white space was not handled properly to avoid the crisis?

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The response addresses the queries posted in 715 words with references.

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The response addresses the queries posted in 715 words with references.

//In this case, we are going to discuss about the US auto industry crisis that occurred at the time of 2008-2010. In this paper, we will discuss about the impact of this crisis and what are the main parts of the crisis that were left in the country due to which this problem occurred in the country.//

At the time of global financial crisis, US auto industry was affected seriously. This financial downturn affected the automobile market of Europe and Asia too, but it was firstly seen in the US automobile market. During the period of 2008 to 2010, US auto industry was under this crisis and in the starting of 2010, when this financial crisis was over, US automakers got relief. The starting of this financial crisis was seen in the early part of 2007, when US auto industry was having a declining trend in the market. Due to this crisis in the US auto market, more than half a million workers were removed from the industry.

Due to this crisis in the automobile sector, there was ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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