Ladies and Gentlemen, as you are well aware, our country is going through one of its worst economic crisis. Economists have termed it the Great Recession, next only in acuteness to the Great Depression of the early twentieth century. Unemployment has been at unprecedented levels since the 2008 Wall Street crash. And for those who…
Tag: GM
Business and Society: A Strategic Approach to Social Responsibility
1. Define technology and describe three characteristics that can be used to assess it. Technology is the set of processes and techniques that are employed to improve efficiency and scale of operations of a business. At its core, technological innovation is intended to bring about higher quality standards and greater profit margins for the company….
Are there ways to contain health care costs and what will be their impact?
A major worry here is the fact that the high costs of healthcare in the United States do not necessarily buy the best health care services. The chief concern for corporations like GM and Ford is the ever growing healthcare costs and massive healthcare liabilities. A recent trend has been for major industrial corporations to…
How will electric cars change the way we consume fuel in the future?
There is a strong case to be made for industrial societies to change over to renewable sources of energy. At the centre of the debate is the unsustainable continuing fossil fuel usage and the attendant environmental degradation. The United States is one of the largest consumers of fossil fuels in the world and has been…
The problem of starvation: Possible solutions
Food, alongside air and water, is an essential resource for human survival. While these natural resources keep us alive and help life to grow, when they are not available, it would lead to starvation and even death. Sadly, at the turn of the twenty first century, a large number of people are on the edge…