Chapter 11 Reorganization - Research Paper Example

e essential for the sake of an organization and among them, business and pricing strategies are some of them, which have its own significance and importance. It is important for an entity to timely manage their operational strategies (Marianne H. Marchand, 2010). Organizations have to consider numerous things before their physical existence in an industry. Financial bankruptcy is one of the most important aspects from the viewpoint of an organization. Financial bankruptcy is usually referred as Re-organization which comes under the ambit of Chapter-11.

Re-organization is basically a term specifically designed to revive a company which is financially in trouble. A re-organization usually involves the restatement of the asset and liabilities of the company as far as maintaining the repayments are concerned. The main perspective of this assignment is to select an organization which re-organized its operations in a given time period and the company which has been taken into account for the same is General Motors (GM). There are number of questions that needed to be completed and answer here accordingly.

General Motors Company, commonly known as GM, is an American multinational corporation with its headquartering located in Detroit, Michigan, United States (US). It manufactures, design, market and distribute their products in different markets of the world and sells financial services. General Motors’ (GM) produces vehicles in different countries of the world like 37 countries. The shares of the company are actively trading in the NYSE and other financial markets as well, and it is found in the automotive sector of the industry in particular.

It is important stance for the investors to makeover things accordingly. GM holds around 20% stake in the IMM, and a 96% stake in the GM Korea. The company has a number of Joint Ventures including FAW-GM in particular. The company has more than 200,000 employees working in the company and it has a business preposition in around