Select two companies in two different industries and do the tasks

Select two companies in two different industries and do the tasks

 

 

Solution Preview

For the this project, the two companies selected are General Motors (GM) and Apple Inc.

Background Information

General Motors (GM) is an American company that deals with designing, manufacturing, promotion and distribution of vehicles and spare parts all over the world. The organization is headquartered in Detroit, Michigan, U.S and serves worldwide in the automotive industry. It was formed on September 16, 1908 by William C. Durant, and was the most influential since 1931 to 2007. Some of the famous brands from GM include Daewoo, McLaughlin, Hummer, Oakland, Saturn, Opel, Vauxhall and many others. The company has faced a lot of challenges and opportunities during its operation in the past few years reflected by its revenue. In 2008, GM sold over 8.35 million cars to different countries and in 2016, the company sold up to 10 million cars which was a huge milestone. In 2009, the old GM company became bankrupt and General Motors Company that operates to date purchased all its assets and intellectual properties like brand “GM”.

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