Interpreting Financial Statements for Business Acquisition

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STRATEGIC POSITION
_ THE IMPACTS ON ITS MANUFACTURING TECHNOLOGY AND MANAGEMENT PRACTICES the advancement in the technological sector has led to the discovery of alternative cheaper and faster ways of manufacturing, such discovery has inspired daimler over the past years and has also led to its success. modern manufacturing technology practiced by Daimler include the used of production plan of a prototype technology which is approved by a function of the group and later processed for inspection then improvement are subsequently implicated for the MSD (Mercedes Benz Development System) phase. All vehicle manufacturing plant are equipped with automated robotic systems which is used in the lean production of all its automobiles. the production method utilizes CIM (computer integrated manufacturing) this system exploits all computer related information by the means of IDS ( integrated database systems) and combines its into a single database thereafter the computer controls the reboots for some part of the machining processes and paint job, thus saving cost on health related circumstances of physical labour. other systems used include the CAD computer aided design which assist engineers in the design aspect of manufacturing. MPM (management process manufacturing) is popular at Daimler, is gathers the methods and technologies used in the manufacturing thus assisting the management accounting department with reducing work in progress.
_ EXPLAIN WHAT IS MEANT BY STRATEGIC POSITIONING AND IDENTIFY THE STRATEGIES USED BY THE COMPANY TO ACHIEVE ITS POSITION the modern management strategies used include the merger between Daimler-Benz and Chrysler an equal competitor in 1998 the merger of the two corporations resulted the corp ranking to be the with in the world of automobile internationally. financial the merger was not pleasing with the profit remaining constant and the…...

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