Question: When workers connected with the automobile industry go on strike, it typically makes big headlines since the automaker will usually end up being shut down

When workers connected with the automobile industry go on strike, it typically makes big headlines since the automaker will usually end up being shut down if the strike drags on. Suppose the makers of brakes for GM go out on strike and GM has no other source from which to purchase brakes for its new automobiles. Explain how following a restrictive current asset management policy would affect GM in this case. What are the pros and cons of GM moving to a more flexible policy?

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A restrictive current asset management policy would have a negative effect on GM in this case This type of policy would require GM to limit its invest... View full answer

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