Identify as many examples and uses of control as you can that are especially rel
ID: 469810 • Letter: I
Question
Identify as many examples and uses of control as you can that are especially relevant for an automobile manufacturer.
Sergio Marchionne’s education and early training was in accounting. In what ways might this have helped him in turning around the first Fiat and then Chrysler?
As planned, the Fiat 500 was launched in the U.S. market in 2014. Read recent reviews and sales data online and see if the car seems to be performing as well as projected. If not, what control actions might be necessary?
What automobile industry events in 2014 might lead to greater revenue and profit projections for Chrysler?
Explanation / Answer
Identify as many examples and uses of control as you can that are especially relevant for an automobile manufacturer.
The key drivers of change that are driving the automobile industry and the personal vehicle market are as follows:
Sergio Marchionne’s education and early training was in accounting. In what ways might this have helped him in turning around the first Fiat and then Chrysler?
Accounting is all about numbers and a manager who is good with numbers can make sure that the sales data and other statistics are used usefully yot derive next set of sales and marketing outcomes.
As planned, the Fiat 500 was launched in the U.S. market in 2014. Read recent reviews and sales data online and see if the car seems to be performing as well as projected. If not, what control actions might be necessary?
The car has been performing quite well in terms of sales as well as positive feedback from existing customers.
What automobile industry events in 2014 might lead to greater revenue and profit projections for Chrysler?