Read the article on Jos$$ Ignacio L$$pez de Arriort$$aLinks to an external site..

Review the chapters in your textbook that discuss the situations addressed in the case. Research any additional information that you feel is necessary for you to completely understand and analyze this case. It is strongly recommended that you use the Franklin LibraryLinks to an external site. databases and internet for additional research. Librarians are available to help.

Analyze the information provided in the case using the following guidelines and answering the questions. Your write$-$up should be based on your case, your textbook, and other resources found using the library and online.

Summary of the case: Provide a $1-2$ page summary of the case answering the questions below:

Who is Ignacio Lopez and what is his significant contribution in the field of purchasing?

What were the problems that GM faced before Lopez was promoted to the position of Vice President for Worldwide Purchasing?

What actions did Lopez take when he was named vice president for Worldwide Purchasing?

What was his vision in purchasing, supplier relationships, and car production?

What were the legal and ethical implications of his move to Volkswagen?

Strategy and Purchasing: Provide a two$-$ to three$-$page document answering the questions below:

What was GM$\text{'}$s business strategy and how did it affect the purchasing function?

Why does the purchasing function play a strategic role in organizations and particularly in GM$?$

What changes did Ignacio Lopez make in the purchasing strategy in GM$?$

Having the hindsight of the recession of $2008-2009,$ was Lopez right? Explain.

Purchasing in GM: Provide a two$-$ to three$-$page document answering the questions below:

Describe GM$\text{'}$s purchasing practices before and after Ignacio Lopez became the vice president for Worldwide Purchasing?

Compare and contrast Lopez's approach $($lean$)$ to that of Chrysler $($concurrent engineering$).$

Describe Lopez's pricing strategy. Do you agree with the criticism described in the case? Explain.

Supplier Relationships: Provide a two$-$ to three$-$page document answering the questions below:

Describe the role of suppliers before and after Ignacio Lopez became the vice president for Worldwide Purchasing?

Explain the Modular Consortium concept. What are the advantages and disadvantages of such a system?

Based on your readings, do you agree with Lopez's approach to supplier relationships? Explain.

Legal and Ethical Issues: Provide a one$-$ to two$-$page document answering the questions below:

Describe the main legal and ethical issues in this case.

What course of action should have Lopez and VW taken to prevent litigation?

Conclusion: Provide a one$-$ to two$-$page document answering the questions below:

Discuss how Lopez's approach influenced automotive purchasing and production.

Discuss the ethical and legal issues of purchasing based on this case.