Auto Industry set to be taken off Life Support
With the wildly popular Cash for Clunkers program coming to an end, what will happen next for the automakers? Dealer incentives. combined with the clunker rebates, drew in loads of fence sitters, but the outlook going forward is not pretty. Dealers will likely have to increase incentives for an extended period of time, as they [...]
Posted at 11:10 pm on August 20, 2009 | leave a comment | Filed Under: 1, Macroeconomics, Strategy | read on
Topic: Agency Theory
Agency Theory describes the common problem of aligning interests of Principals and Agents. Principals are typically represented as the the ownership of a firm (shareholders, partners, proprietors) and Agents are the providers of effort in a firm and can represent everything from a CEO down to the lowest level employee. The factor which determines who [...]
Posted at 12:06 am on January 3, 2009 | leave a comment | Filed Under: Business, Strategy | Tagged: Strategy | read on
