GM: Better Off Bankrupt?

I first saw signs that GM is facing financial pressure through financial information in 2005. Revenue in 2005 remained unchanged from 2004, but as the cost increased dramatically, net income declined from positive to negative. Shareholders' equity also declined 47%, and cash flow from operating activities decreased sharply. Poor financial and operating results have also had a material adverse effect on GM's stock price. In 2005, annual highest, low, closing prices fell more than $ 10.

GM is a collapsed giant. The glory of the past has gone through a long way as it becomes a great market leader to General Motors, the failed company. In the 1980s before Japanese cars appeared, GM was the largest automaker in the United States. The Japanese sold cheap and good cars. GM failed to recognize changes in industry and technology, and lost the market share of Japanese companies. Even with government support, the company bankrupted in 2009 and chapter 11 bankrupted. The purpose of intervention technology is to improve the efficiency and efficiency of the organization. Strategic intervention techniques focus on improving the process of creating ideas and then getting feedback on ideas. These techniques also focus on "making something happen" and "what is happening" French & Bell Jr (1994). The reason for intervention

To be honest, President Obama is working on many parts of the economy over the past few months, but he has not put GM into bankruptcy. The economy is going bankrupt in GM. Unless Mr. Obama does anything, GM will bankrupt. If the government intervenes, it will go bankrupt. Before the economic downturn began, GM was down the slope. More companies should be allowed to go bankrupt, and I think GM is a good starting point. Yes, it will be very painful - but recovery is this or that. We can now feel pain, move forward, or push down to enlarge. If the government continues to support GM, we will enter the card house which we may be dropped more and more as we pass it. At that time, we will not only encounter bankruptcy today, we will encounter the same problem and waste billions of dollars to support life support.