-->

Pages

Thursday, September 27, 2012

dfjdfjdjf

If you order your custom term paper from our custom writing service you will receive a perfectly written assignment on dfjdfjdjf. What we need from you is to provide us with your detailed paper instructions for our experienced writers to follow all of your specific writing requirements. Specify your order details, state the exact number of pages required and our custom writing professionals will deliver the best quality dfjdfjdjf paper right on time.

Out staff of freelance writers includes over 120 experts proficient in dfjdfjdjf, therefore you can rest assured that your assignment will be handled by only top rated specialists. Order your dfjdfjdjf paper at affordable prices with !



Lee Iacocca, born Lido Iacocca on October fifteenth 14, was the son of


an Italian immigrant named Nicola Iacocca. He had one sister named


Antonette. The family lived in Allentown, Pennsylvania. His father was


some what of an entrepreneur in the food service industry. The family


live paper help



business was called the Orpheum Weiner House in Allentown, Pennsylvania.


The company is still standing today, operating under the name Yoccos,


his uncles are still making hot dogs for the public. Growing up in


Allentown was difficult for Lee, because of his ethnic background.


Allentown was primarily made up of Dutch immigrants. In his early years


of education he was ridiculed for his heritage. An his senior year in


high school Lee came down with rheumatic fever. He had a harsh bout with


the disease because there was no modern medicine to aid in the recovery.


In 141 during the World War he was very excited about joining the


military. Ironically, the illness that had almost killed him, saved him


from going to war. Most of his classmates that joined the service had


been killed over-seas and abroad. For college Lee chose Lehigh University


for its engineering program, although he wanted to go to Purdue, he did


not get a scholarship. Lehigh University was one of the sights that Ford


Motor Company used to recruit new employees. He was able to secure a


place in the Ford training program, it was difficult for him to get


admission but he survived. During his time in the training program Lee


had become less interested in the engineering aspect of the business and


more in sales. He dropped out of the program to pursue areas in sales


with the Ford Corporation. During his time at Ford Lee Iacocca came out


with several very innovative purchasing concepts. One concept was the 56


for 56 payment plan. This payment plan would allowed the consumer to


purchase a new Ford vehicle with a twenty percent down payment and a $56


monthly payment until the vehicle was paid off. This was one of the first


payment plans that was structured to be affordable for the consumer. The


system was responsible for selling over seven hundred fifty thousand


vehicle in 156. Although his career with the Ford Motor Company was


extensive, all that would come to an end with the production of one


vehicle the Pinto. After Ford was able to settle law suits over the


compact car for explosive reasons, (the Pinto was noted for exploding from


rear end collisions), they recalled over a million and a half Pintos.


This was June of 178, one month before Lee was fired. In 17 Lee


Iacocca was employed with the Chrysler Corporation. Within his first few


month there he had seen Chrysler cancel production of over sixty thousand


cars. After a short period of time he found out there were no dealers to


sell cars for them. Their inventory was bulging because of cars that were


made with no destination. These vehicles were part of Chryslers sales


bank. It was a large inventory of cars that were manufactured only to


keep plants running. One of his first ideas was to get rid of the


sales bank. He put pressure on all local dealers to empty the inventory.


He made the dealers take up the slack so he could implement a just in time


form of inventory. They would be manufacture specific orders so no


capital would be wasted. Another problem with Chrysler was they were


leasing vehicles to rental agencies instead of selling to them. Chrysler


had been running the worlds largest leasing company. Every six months


they would buy them back. The new car dealers wanted nothing to do with


the rented cars. With this policy in effect, Chrysler also made itself


the worlds largest used car broker. In late 17, early 180 Chrysler had


wrote off almost 88 million dollars in used car losses. Between the


inventory problem and the leasing issue, Chryslers loss was in the five


hundred million dollar range. The next item was the staff. He needed


to replace over thirty five stop level managers, and replace then with


people that knew what they were doing. With over twenty years of


experience with Ford it was clear were the replacements would come from.


Sales continued to drop steadily until the creation of the K car. These


were compact vehicles that would put Chrysler back in the market place or


finish them off. The present problem was that Chrysler had such a large


debit already with no fresh capital. Through the help of government loans


and an improving economy Chrysler was able to save itself. By giving more


of the market share Chrysler was on the way to recovery. Presently the


corporation holds a very large piece of the market from large trucks to


compact vehicles. Lee Iacocca was able to save a failing company by


establishing a competent management team, cutting production runs of


vehicles without destinations and arranging guaranteed loans from the


Federal Government during an uncertain time. Interest rates were very


high and the customer base was low. He had an extensive amount of fore


thought by staying with the firm. His guidance was able to save and


American corporation. With the successful turn around of the Chrysler


Corporation there was a lot of gossip and allegations that Lee would be


seeking a political career. In 18 he signed a three year contract with


Chrysler to close his career. In 186 he retired from the car


manufacturing industry completely. In my opinion Lee Iacocca was


blackballed from one of the worlds largest auto manufactures, then was


placed in charge of a company that had little chance of survival in the


present economy. He turned the struggling company around and repaid all


debits owed by the Chrysler Corporation. There is one phrase he also said


that will be remembered for years to come, If you can find a better car,


buy it.


Please note that this sample paper on dfjdfjdjf is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on dfjdfjdjf, we are here to assist you. Your cheap custom college paper on dfjdfjdjf will be written from scratch, so you do not have to worry about its originality.

Order your authentic assignment from and you will be amazed at how easy it is to complete a quality custom paper within the shortest time possible!



No comments:

Post a Comment

Note: Only a member of this blog may post a comment.