Memo/Business Profile

In: Business and Management

Submitted By capricorn123
Words 997
Pages 4
MEMO TO: Class

FROM: Jennifer

DATE: November 13, 2012

SUBJECT: Chrysler Business Profile

Here is the Business profile that you requested on Chrysler LLC, on November 09, 2012.

Chrysler is committed to fostering cultural and global diversity, and dedicated to protecting the environment for current and future generations.

Chrysler LLC
1000 Chrysler Drive
Auburn Hills, MI 48326
Phone: 248-576-5741

Annual Sales: $55 Billion
Total Employees: (June 2012) 64, 200
Primary Line of Business: Automotive
Major Brands: Chrysler, Jeep, Dodge, Ram, SRT, Fiat, and Mopar
Manufacturing Facilities: (December 2011) * 12 Assembly * 7 Engine * 3 Transmission * 10 Stamping, Casting, Machining, Axle, Tool and Die

Management Directory * Sergio Marchionne, President and Chief Executive Officer * Doug D. Betts Vice President of Quality * Laurie A. Macaddino, Vice President of Audits * Nancy A. Rae, Human Resources Executive

Business Profile Chrysler Group LLC is an American based multinational automaker, in global strategic alliance with its majority owner, Italian manufacturer Fiat, since 2009.

Chrysler first organized as the Chrysler Corporation in 1925. Its core brands are: Chrysler, Jeep, Dodge, Ram, SRT, and Mopar vehicles and products. The company is headquarted in Auburn Hills, Michigan, United States.

On June 10, 2009, Chrysler LLC emerged from a government backed chapter 11 reorganization as Chrysler Group LLC, in alliance with Italian automaker Fiat. Initially holding a 20% interest in Chrysler Group, Fiats stake was increased to 58.5% following acquisition of the equity interests held by the U.S. Treasury (6% on June 3, 2011) and Canada (1.5% on July 21, 2011) The stake was further increased to 61.8% in July 2012.

Chrysler LLC’s executive structure consists of 39 executives, Fiat 155. Chrysler LLC…...

Similar Documents

Individual Business Memo

...Individual Business Memo The Credit Process at Postbank Corporate Banking Division When I joined the Large Corporate Banking Department of Postbank Bulgaria, a year and a half ago, I was surprised to find a demotivated team with huge staff turnover and an inefficient credit process. Postbank is a commercial bank, among the top five players on the Bulgarian market with assets of over EUR 3 billion, offering the full range of retail and corporate financial products and services to its clients. Among the key responsibilities of the Corporate Banking Division is business lending where the main process is the credit one - from discussing financing needs and negotiating terms with corporate customers, through processing of loan applications, including credit proposal preparation and financial and business analysis, review by Risk Management and obtaining a decision by the competent approval authority, to drafting and execution of loan documentation and implementation of credit facilities terms. One of the most critical operational problems identified in the credit process was the slow implementation of loan approvals. On one hand, delays affected customers' overall satisfaction with the service, impacted negatively their investment projects, liquidity position, financing cost and sometimes even their credit history and rating, e.g. whenever an existing loan facility was not renewed on time, the borrower was reported delinquent, despite the fact that they had submitted the...

Words: 741 - Pages: 3

Profile of a Small Business

...Profile of a Small Business MGT/300 Colleen Zidovec Profile of a Small Business Every entrepreneur has a dream of success when planning their business. It is important to have a plan before laying the bricks, or the ideas and decisions that can ground a business. A thorough plan should be discussed and reviewed to understand the business ideas from all angles in order to become successful. Rita Hunter felt the need to accommodate busy business people with a conveniently accessed gym to get in some daily exercise. Many people are too busy with working and life that it can be hard to commit to a workout regime or just to integrate some time to focus on physical fitness. By generating a convenient location close to a large amount of people and their workplace, creates convenience for the customer. Rita Hunter of Pulze Fitness Center provides a full service fitness center as well as training and guidance to her clients. Rita offers training programs for large corporate groups for many of the businesses in the area. The research that was performed showed that the location of interest to her did not have a full service fitness center. Some of the success of Pulze Fitness Center have been attributed to the location of the center in the downtown business district in Greenville, South Carolina. The location of the center in the business district helped the fact that there is not much space to accommodate for parking for her clients. With......

Words: 392 - Pages: 2

Business Memos

...Business Writing Portfolio Natasha Allan XCOM/285 Essentials of Managerial Communication University of Phoenix Reflection Reflecting back on the Essentials of Managerial Communication and the last nine weeks, there have been several key points that will benefit writing skills in the workplace. The most important lesson learned is how to tailor a message for the audience which will receive it. A manager must know how to approach an audience be it an employee, a member of management or a customer. Each audience may need to be informed of the same information, but the way a manager presents the information to each should be different. A manager should also be aware of ethics and personal privacy when writing. It is easy for a manager to inadvertently create a problem for the company by doing something considered unethical by some or by invading an employee’s privacy. This course helped to understand how a manager should consider ethics and privacy when writing. This course also covered the considerations a manager must give an audience when deciding how much the audience knows about the subject matter. A manager does not need to assume the audience knows more information than it does, but he must also not bore an audience with subject matter the audience already knows. Lastly, a manager must keep in mind formality of documentation. A memo should be a more formal document than an e-mail. An e-mail to a fellow employee can be more informal than an e-mail to......

Words: 2890 - Pages: 12

Business Memo

...| Medical One | Memo To: | All Employees | From: | (name), VP of Sales and Marketing | Date: | May 15, 2013 | Re: | Reducing Costs and Readjusting Resources | | | With respects to the reality of the dwindling economy, we’re taking steps to realign Medical One’s costs. I want to tell you about what we’re doing and why. Effective immediately gasoline reimbursements for salespeople will be reduced to 50 percent of the purchased price. Respectively, salespeople need to submit all receipts and log all actual mileage, which was used while conducting business for the company, including the result of the client visit, to their sales managers. This will be in accordance to the cost reduction plan, which will save money to keep all of our respected employees with Medical One. The chair has also taken notice that our current benefits package is more than Medical One can currently afford. The chair has decided to trim down the current vacation/sick time from 45 days to 30 days. Also there is no “grandfathering” of this change to current employees. This change will affect all non-managerial staff. With this decision Medical One sees the next 5 years savings of up to $25 million dollars, which will alleviate the need to make further staff cuts. Currently, this year we have cut staff by 20%. Medical one has no intentions to cut anymore staff. The above mentioned changes will help signify the reduce costs and keep Medical One the most successful company. This is all in......

Words: 261 - Pages: 2

Business Profile

...COMPANY BASIC INFORMATION Company Name : Painted Path Nature of Business : Product and service-oriented Address : 27, Dinasti Sentral, Jalan Kuchai Maju 18, Off Jalan Kuchai Lama, 58200 Kuala Lumpur, Federal Territory of Kuala Lumpur. Telephone Number : 603-79586222 Fax Number : 603-79586223 E-mail Address : paintedpath_kl@gmail.com Website Address : www.paintedpath.com.my Facebook Address : www.facebook.com/paintedpath Business Operation Hours : 0900-2100 daily except Tuesday Painted Path Sdn. Bhd. NATURE OF BUSINESS Business ideas Our ideas of setting up this hand-painted shoes business came from one of our directors, Lim Ping Yeng who is particularly fond of designing and drawing. We found that the trend of wearing painted shoes has been emerging in other countries but yet it is still new in the Malaysian market. Malaysian people may perceive readymade shoes as the only option for them when they want to buy shoes and are unaware that there is a “better choice” for them- hand-painted shoes. So, what are hand-painted shoes? They are pure hand-drawn designs canvas shoes, washable and come in color combinations varying according to the designs of shoes. Painted shoes are up to trend and fashionable. It can be easily mixed and matched with different types of clothing such as shorts, skirt, jeans and other casual wears. It also creates sporty and casual look that suits people of different ages. Well-matched, they perfectly reflect a person’s......

Words: 1642 - Pages: 7

Business Memo

...Business Memos A memo, short for the word memorandum, comes from the Latin word memorandus, which means, "to be remembered." It is a compact written message designed to help someone remember something. Unlike letters, the external communications of a company, business memos are an internal form of communication and it is standard practice to save them. Their objective is to deliver information or instructions and writing them in a sensible manner that the information is delivered with more meaningful note and its impact on its reader is also serious. Confined to a single topic, each interoffice, interdepartmental and company - wide memo becomes part of the institutional memory of an organization. They record daily activities and eliminate the need for time-consuming meetings. As historical documents they are often referred to when writing reports or resolving disputes regarding past activities. In short, they speed up the daily business of doing business; they keep people who need to be kept in the know, in the know. When a business organization designs an official letterhead it often also designs an official memo sheet, complete with a company logo featured at the top of the page. Besides having a professional look and feel, preprinted memo sheets often provide specialized information fields that accommodate specific procedures for expediting in-house communications. Memos Types 1. Informational Memos 2. Instructional Memos Informational Memos is an......

Words: 4308 - Pages: 18

Business Memo

...generating new ideas. With group feedback, we will choose the best course of action. As we move into the action portion of any plan, Michael and Belinda will play large roles in working with those supporting people to ensure proper transition of idea to action. Belinda’s ability to create structure and Michael’s ability to work well with others will serve the group well. Overseeing all functions, I will ensure that each phase of the process is going smoothly, and I will illicit feedback from each member of my team to ensure they are feeling positive and that their talents are being used in the best fashion. References Huszczo, G. E. (2010). Making a Difference by Being Yourself. Making A Difference By Being Yourself – Business Book Summaries, 1-8. Robbins, S. P., & Coulter, M. (2010). Management and Organizations. In Management (pp. 207-208). New Jersey: Prentice Hall. Varvel, T., Adams, S. G., Pridie, S. J., & Ruiz Ulloa, B. C. (2004). Team Effectiveness and Individual Myers-Briggs Personality Dimensions. Journal of Management In Engineering, 20(4), 141-146....

Words: 1030 - Pages: 5

Business Memo

...brain ( physiological ) structures. Concentrating on the attitudinal and functional types of individuals these structures are inclined to produce, Jung concluded that consciousness has four functions. He called these functions thinking, feeling, sensing, and intuiting. The designation of responsibilities will be evaluated using the Jungian 16–Type Personality assessment. Marielly Figueroa assessment score was ENTP. Which states, that she is innovative, individualistic, versatile and entrepreneurial. Possible career as a politician, strategic planner, literary agent, publicist, entrepreneur, investment broker, computer analyst and executive. Due to her excellent communication skills and leadership, her role will be of that of Business Process Analyst. Establishing the departments procedure manual, communication plan and directory, and to clearly implement and establish a culture of inclusion, ethical behavior and performance excellence. Next team member is Juan Bermudez. His assessment score was ISTP. This means that, he is observant, cool, unpretentious, and highly pragmatic. Probable career as a commercial artist, racing car driver, chiropractor, firefighter, pilot. He has a very adventurous spirit, likes traveling through the world and enjoys different challenges. His role will be that of a sales representative. Where each day will bring a new challenge, opportunity and the hunt. Following process can be a challenge but with the correct control......

Words: 1173 - Pages: 5

Business Memo

...MEMO As you requested, I have researched the question of the best location other than Florida in which to headquarter our PHENOMS Elite Sport Training facilities. This facility will cater to 10 to 18 year olds who are above average in sports. It will work primarily with middle school age students through high school students. PHENOMS’ goal is to prepare athletes for the college level in whatever sport they excel at – be it football, basketball, baseball, volleyball or lacrosse. Developing a winning attitude that will carry a student to the next level can be accomplished by teaching goal setting, a strict workout regime with cardiovascular and weight training, along with motivational speakers who, because they have already succeeded in the sport, will provide “inside information” when it comes to securing a spot on a travel team or getting an athletic scholarship. The goal of PHENOMS Elite Sport Training is to provide top notch training, facilities and instructors from a variety of different sports ranging from girls track and field to boys football. Currently there are 21.47 million kids between the ages of 6 and 17 who play on organized teams in the United States. While some play for fun, many others want to succeed to the next level. (www.espn.go.com) This is the purpose and goal of training at PHENOMS. Below you will find my recommendation as to the suggested location of company headquarters and the reasons supporting it. Recommendation and Process: Based on......

Words: 1500 - Pages: 6

Business Memo

...MEMO To: All Departments From Thrit Tuachob, Director of Human Resources Date: July 13, 2015 Subject: Revisions to Employee Wellness Program Because of the company’s rapid growth and because of continuing developments in the field, even employees with advanced scientific training are having trouble keeping up with new developments. EBG wants all employees, whatever their position, to be able to discuss with customers, at least in a basic way, the scientific concepts behind the company’s products and services. Beginning six month from now, January 13, 2015. EBG will offer basic, intermediate, and advanced courses in reading, writing, and math. Basic Program Overview The courses will be offered during work hours, employees will be paid for the time they spend in class. Books will be provided. Progress in these courses will be taken into account in employees’ quarterly performance reviews and annual salary reviews. There are some requirements and information for this course * Managers will evaluate employees and may recommend that employees take one or more of these courses. * Employees can choose to take a course or courses without their manager’s recommendation. * Homework and studying must be done on employees’ own time. Reimbursement Programs Employees who are beyond these basic courses but who need help in keeping up with scientific developments related to their work are encouraged to take courses at local universities,......

Words: 357 - Pages: 2

Business Memo

...attempting to grow the salesperson/customer relationship because without comprehending what is important and why, the salesperson cannot adequately fulfill the needs of the customer. On the other hand, personal integrity brings the element of trust into the equation, which was a point of Mr. Shaddock’s. A “lack of personal integrity can quickly undermine the best of teamwork orientations.” (Avila, LaForge, Ingram, Schwepker, & Williams, p. 240) I feel that these two skills must be present at the foundation of personal selling in order for relationships to thrive. The next key aspect of personal selling is based around the idea of the customer value proposition. The CVP is all about how an offering can add value and meet the needs of a business. Mr. Shaddock specializes in B2B sales and was asked, to “Compare the characteristics of a good presentation v. a bad presentation.” He said, “Remember this: a good presentation gets a good response. A bad one, gets the worst response. Be confident, be relevant, don’t get too cute, and know your audience.” This answer relates to how to deliver on the contents of a proposition. In Chapter 6 of the text, a template is provided on the proper way to outline a customer value proposition. To summarize: (1) be concise, (2) focus on key benefits, (3) be specific on outcomes, (4) reflect upon product/service dimensions that add value, and (5) promise only what can consistently be delivered. (Avila, LaForge, Ingram, Schwepker, &......

Words: 1313 - Pages: 6

Business Memo

...MEMO To: From: Date: Subject: Christine Jach John Purdue January 29, 2014 Application Strategies for Job Openings After doing some research on different companies and the job openings that they have, I have found ten specific positions that I would like to apply for. The following is a list of those jobs, followed by an explanation which job I have chosen to tailor my job documents towards. 1. Crowe Horwath (Federal Tax Senior Staff): In order to apply for this job, I would obviously include on my resume the fact that I went to Purdue University and was in the Krannert School of Business. I feel that Krannert has earned a lot of respect from employers through the years. Furthermore, I would highlight certain classes that I have taken and that I have gotten A’s in all of the classes related to Accounting and Tax. My strategy would also include discussing my involvement in the well-known Purdue Accounting Association as well as VITA. 2. CVS Pharmacy (Account Manager): In order to apply for this job, I would point out the fact that I have a double major in Accounting and Management. I think this would be helpful because this position requires characteristics of both of those backgrounds. In addition, I would discuss with them the fact that I started out my schooling in Pharmacy so I have a great deal of knowledge regarding that field. I would also point out my attention to detail and my excellent time management skills that date back to......

Words: 490 - Pages: 2

Business Memo

...and/or other over-sized recyclable containers, e.g., computer/printer boxes, should be placed next to the appropriate bin in one of the recycling areas. Plastics: Plastic items include fast-food cartons, some commercial packaging, used notebook sleeves, pop bottles, and other plastic products. Please empty any plastic containers before placing them into the appropriate bin. At the end of each day, the cleaning crew will remove these materials and deliver them to a local recycling plant. Thank you very much for your cooperation in helping our company reduce costs and create a more eco-friendly environment. -------------------------------------------- [ 1 ]. Enbysk, M. (2009) Do you need to turn off your PC at night? Microsoft Small Business Center. Retrieved from www.microsoft.com/smallbusiness/resources/...

Words: 454 - Pages: 2

Business Profile

...Business Profile 1 Profile Of A Small Business MGT/300 May 23, 2012 Business Profile 2 The entrepreneur profile that I chose was the Rob Brandegee, Ava DeMArco, creator of Little Earth. This particular profile I took interest with this profile because it was motivating. They created a company that is ecological and offer products that are made with recycled materials. I will be talking about the products, and how their business became successful. I will explore the outcome of globalization within the company. Little Earth Nich DeMarco and Brandegee did research the market for their products. To make the community and consumers aware of their products they joined trade shows in a craft fair in their city. While joining the craft fair, they where able to get feedback from consumers on how they felt about the products, With the information DeMarco and Brandegee gathered information that helped them assist with pricing which is important to stay competitive in the market. Once they decided their target market they where able to find their nich in the market. Their Nich target where individuals who appreciated recycling and understand how important it is to the environment. Little Earths product The products are environmental friendly and bio degradable, all their products are made from recycled Materials. Products Inc. is a business that produces only of a kind fashion assesories like handbags, wallets and belts, out of recycled material...

Words: 533 - Pages: 3

Business Memo

...ANALYSIS OF BUSINESS SPECIALTIES MEMO TO: DELINDA DENSLOW FROM: SUBJECT: BUSINESS SPECIALTIES ANALYSIS OF LEARNING TEAM “C” DATE: 9/3/2012 CC: LEARNING TEAM “C” Types of Consulting Firms Several pros and cons exist to the types of consulting firms Learning Team C chose in week two. The consulting firms that were chosen are management, sales, and planning firms. Based on learning team C’s matrix, the pros are that we all have in depth experience in management, sales, and planning. These types of consulting firms make sense because our real-world experience will help us excel in developing these types of consulting firms. Having strong experience in these skills allows the team to make sure every company is given attention to detail for managing, sales, and planning functions. The cons are that these consulting firms limit us to only management, sales, and planning. A big part of a business is the financial part of the business. This allows the company to know where they stand in achieving their goals. Even though our skills are strong in management, sales, and planning, there is no competence in finance. The type of firm we will create is a management consulting firm. Management consulting firms are excellent at consulting a company in the realm of management. Management is a crucial part of a business and cannot be underestimated. Managing employees are an important aspect of a well-run business. Focus on Specialties LTC Consultants operates as a......

Words: 779 - Pages: 4