Nobody downloaded yet

GMC, How it Influences Political Policies to Benefit Itself, Ehy This is Wrong and How to Prevent it - Essay Example

Comments (0) Cite this document
Summary
GMC, How it Influences Political Policies to Benefit Itself, Why This is Wrong and How to Prevent it from Happening in Future Policies are basic principles that guide decisions directed towards rational outcomes. Polices can be formulated at individual, organisational and government level, also called political or government policies…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.6% of users find it useful
GMC, How it Influences Political Policies to Benefit Itself, Ehy This is Wrong and How to Prevent it
Read TextPreview

Extract of sample "GMC, How it Influences Political Policies to Benefit Itself, Ehy This is Wrong and How to Prevent it"

Download file to see previous pages However, there are times in which individual persons or large corporations can use their power to influence political policies in order to benefit themselves, especially financially, at the expense of the public. Such people or corporations use coercion, incentives or their close relations to the government to influence the actions of others in the way they desire. An example of a large corporation that has influenced political policies for its own financial gain is GMC. GMC is an automobile company that manufactures vans, sport utility vehicles, military vehicles and trucks that are marketed in the Middle East and North America by General Motors. By 2007, the company was the second-largest vehicle-selling company in North America. One of the company’s policies on corporate political expenditures and contributions is that the company may express its views on particular public issues that are of importance to the company. As authorised by the vice president through the Public Policy and Government Relations and permitted by the law1, company expenditures may be made to influence or inform voting on public policies that are of paramount importance to the business of the company, its stakeholders and employees (GMC 3). Acting on this policy, the company seems to have gone to the extremes in 2010 to direct political actions for its financial gain at the expense of the American tax payers. The Chevy Volt story was brought to public attention as one of the biggest scandals for the Obama Administration. In this saga, GM used its close relations to the Obama administration to secure a tax payer funded subsidy to leverage and promote the production and sale of its unready-for-prime-time Chevy Volt car brand, a poorly-performing electric car. The GM is a politically powerful UAW2. Modica (par 4) explains that the Obama administration perpetuated a manipulated bankruptcy process that openly favoured this politically powerful UAW financially over other classes. In the midst of this bankruptcy process, GM’s Chevy Volt hype came to light as the public was presented with the so called green wonder-car that would benefit them. This explanation was then used to justify the use of $50,000 million worth of tax-payer’s money to bail out the company from its bankruptcy. The use of tax-payer money to subsidise the business activities of the company was therefore an added an insult to the injury of the company’s bankruptcy arrangement. Under this economy, many Americans cannot afford a new car and therefore, it would have been proper for the government to subsidise the production of goods that are of priority to the public. This shows that the government decision to commit in such a subsidy was a result of some form of undue influence from GM. According to Ponick (par 9-2), the White House intends to increase government subsidies for the rich buyers of the Chevy Volt and other green technology vehicles up to as much as $10,000 per buyer, of course, through the use of tax payer’s money3. An evaluation of the situation reveals that to some extent, the company lied to the government and the public to win their support. Early claims about the car praised it as a pure electric vehicle that could secure the equivalent of 230 MPG. However, none of the two claims was true. At the same time, the Volt was also presented to the public as a vehicle that would be a saviour for the GM Company. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“GMC, How it Influences Political Policies to Benefit Itself, Ehy This Essay”, n.d.)
GMC, How it Influences Political Policies to Benefit Itself, Ehy This Essay. Retrieved from https://studentshare.org/business/1451183-pick-a-person-who-influences-political-policies-to
(GMC, How It Influences Political Policies to Benefit Itself, Ehy This Essay)
GMC, How It Influences Political Policies to Benefit Itself, Ehy This Essay. https://studentshare.org/business/1451183-pick-a-person-who-influences-political-policies-to.
“GMC, How It Influences Political Policies to Benefit Itself, Ehy This Essay”, n.d. https://studentshare.org/business/1451183-pick-a-person-who-influences-political-policies-to.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF GMC, How it Influences Political Policies to Benefit Itself, Ehy This is Wrong and How to Prevent it

How Seattle Transform Itself by Edward Glaesor

...How Seattle Transform Itself by Edward Glaesor The article How Seattle Transform Itself written by Edward Glaesor describes the story of how Seattle was able to achieve economic success. The 2010 Census revealed that Seattle is one of the fastest growing cities in America. The Seattle region is growing faster than other metropolitan areas in the United States of America. During the early part of the 20th century Seattle’s economy was mostly based on the transportation industry. One of biggest companies in the air transportation industry, Boeing, has its corporate headquarters located in Seattle. In the 1950’s more than half of all jobs in Seattle were...
1 Pages(250 words)Essay

How Can Diet Help Prevent Heart Attacks

...heart disease aspects. Unhealthy diet, along with physical inactivity, can greatly lead to overweight and obesity and have been considered as the most prevalent factors that increase risks for heart disease. The function of diet and nutrition has been influenced by economic, physiological, cultural, and social factors. Most often, a healthy diet is combined with physical activities and behavioral changes to obtain positive outcomes when it comes to preventing heart disease and enabling heart disease patients to successfully recover. The following sections will then delve into the concept of a healthy diet and its impact on heart-related conditions. Additionally, the foods to avoid as well as those that...
9 Pages(2250 words)Research Paper

How unions benefit employees

...?Running Head: Unions Unions [Institute’s Unions Unions have a considerable impact on the payment and working lives of both unionized as well as non-unionized employees. “Unions affect the salaries, fringe benefits, total reimbursement, pay inequality, and workplace security” (Yates, 2009). Unions are the issue of much argument; to some extent, this is because of a lack of knowledge regarding the advantages that a union offers to companies and workers. Union is an association of employees whose use is to talk with employers for improved salaries, securer functioning environment, and impartial behavior. Unions are there to make life better for workers, although they as well offer advantages to companies (Yates, 2009). A key benefit... that...
5 Pages(1250 words)Term Paper

How Biofuels Benefit the Economy

...al Affiliation: Due: How Biofuels benefit the Economy Introduction Biofuel is a fuel type whose energy is sourced from biological fixation of carbon. It includes the fuels derived from conversion of biogas and solid biomass. Biofuels have gained scientific as well as public attention because there have been oil price increases and there acute need of energy substitute. In this regard, the concern for greenhouse gas emissions has attracted the concern of the governments in helping the citizens to achieve a new way of survival that is cost effective. Production of biofuel is an advantage to the economy because it helps the economy in different aspects (Environmental and Water Resources Institute U.S. 3)....
5 Pages(1250 words)Research Paper

How to prevent identity theft

...? How to Prevent Identity Theft How to prevent identity theft. Criminal activities create animosity and fear in people just making them more anxious as quickly as the onslaught of identity theft. Come morning, come evening, it is everywhere reported in the newspaper, on the internet and in other forms of media. It has made every one worried of running up charges on their bank account, their credit cards while their backs are all turned. Certainly, there should be a reason to make someone worried. All ordinary thief does is find a loophole that can advantage him/her to pick something that is so basic (social security number) to make him/her a public enemy. While such...
4 Pages(1000 words)Speech or Presentation

How xanga influences communication

...How xanga influences communication I. Introduction The role of communication in modern society is significant. Communication is considered to be one of most important parts of social life around the world; however its forms tend to be differentiated in accordance with the local culture and the personal attitudes of people involved. On the other hand, communication can have many aspects and refer to a general influence by specific published material (media) or to active involvement in a two-or more-sides communication channel (like the chat rooms in Internet). In any case, communication should be regarded as very important for the development of society and the personal development of...
10 Pages(2500 words)Essay

Persuasive paper: How to prevent greenhouse effect

...GREENHOUSE The current report deals with the greenhouse effect, how it is caused, and how it can be prevented. The problems of the greenhouse effectand global warming that have led to changing society are fairly new in the scope of history, having its beginnings in the industrial revolution, but the effects have been profound and disturbing. As too much carbon dioxide enters the atmosphere from traditional energy sources, and as traditional products like computers and automobiles leave behind toxic materials, people start exploring more environmentally friendly options in their choice of consuming. People want to feel that they are not inherently linked with depleting the environment to...
5 Pages(1250 words)Essay

Political Influences

...Lobbying The term lobbying refer to the process of an individual or a group advocating in the favor or against a particular interest that has been taken up by the government and the policies that the government makes may impact those who are associated with that particular interest (Hrebenar 42). Lobbying is conducted by lobbyist who are registered and they usually have quite close contact with the government policy makers and in certain cases lobbyist are those individuals who have already served as a part of the government. The job of a lobbyist is to inform the members of the government regarding the interest of the common man or businesses as their interest is at stake when the government is making...
1 Pages(250 words)Essay

How product packaging influences consumers

...for what is physically appealing and finding a commodity in the market that can stand out from the rest would make it sell more (Peter, Higgins and Richmond, 2013). This, therefore, means that there is some influence that packaging has on the consumer. This paper seeks to analyze and determine some of the influences that product packaging has on consumer behavior and how it will affect their choice in purchasing. With the growing rate of counterfeit products, consumers have realized that packaging of a product can give a clue whether the item is original and genuine. Most keen consumers take quite a considerable amount of time analyzing the product’s packaging in order to find elements...
2 Pages(500 words)Essay

How to prevent an overmedicated society

...something for them to appear to be in control of the situation, the best method of preventing overmedication is to wait and ride the condition out (Reger-Nash, 6). The immune system often beats the cold virus if given a chance. The high blood system could be managed by simply reducing the salt intake instead of taking medication every morning. Since we are living in an overmedicated society, it has become the normality to use drugs every now and then because we have adopted a culture advocating for a quick bandaid fix. Jumping into conclusion that the society is overmedicated is same as discrediting how beneficial antidepressants are to many people who actually need them. In addition, it is...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic GMC, How it Influences Political Policies to Benefit Itself, Ehy This is Wrong and How to Prevent it for FREE!

Contact Us