Monday, December 30, 2019
Why Students Were Wrong For Copying Articles Without...
IBA 150 Plagiarisms Module One The students were wrong for copying the articles without acknowledging the source. When writers take content from another source, itââ¬â¢s essential to give credit to the author, thus avoiding plagiarism. Students who plagiarize are doing themselves to disservice and the author by not giving her or him the credit they deserve. Students who copy from the articles either exhibit laziness or lack the ability to think critically. These deficiencies can hinder a personââ¬â¢s ability to write with concisely and with a flow. The inability to think and write critically will be a struggle for students who have difficulty developing their own thoughts. I donââ¬â¢t agree with the studentââ¬â¢s assessment in regards to not acknowledge the source. Even though the author is unknown, itââ¬â¢s important to provide sources, which will enhance the validity of a research paper. Writing research papers without providing sources will likely be analyzed by the professor and thus affects a student grade. Whoever thinks itââ¬â¢s clever not to provide sources are being negligent and their academic integrity should be questioned. As you stated in our last meeting professor, once we enrolled in your class, itââ¬â¢s a contractual agreement that students should uphold. I donââ¬â¢t agree with the studentââ¬â¢s perspective in regards to cutting and pasting Wikipedia articles without acknowledging the source. I recall some of my professors from Kingsborough Community College informing students that we were notShow MoreRelatedPlagiarism And Why It Is Considered Wrong1550 Words à |à 7 PagesStudents around the globe have the tendency to resort to copying certain sources as a manner of getting work done quicker and with strong recognition. It is considered human nature for students in the modern day to turn to readily available sources to aid their work. However, they do not understand the concept of plagiarism and why it is considered wrong in the educational world. To build upon this essay, we need to first understand what plagiarism exactly is. Plagiarism is well-defined as makingRead MorePlagiarism and the Deterioration of Ethical Values Essay1007 Words à |à 5 Pagessome argue that plagiarism is becoming a more socially acceptable norm for many students. From this perspective the severity of plagiarism consequences are not seen as serve. According to the authors Ma, Lu, Wan and Turner, ââ¬Å"Whoââ¬â¢s Who (1998) conducted their 29th annual survey among high school students nation- wide, they found that 80% of the students admitted that they had cheated on school work in general with or without the help of the Internet, a four- point jump from the figure reported in theRead MoreReflective Action Plan Essay examples1681 Words à |à 7 Pagesenabled me to develop my skills more easily than when I was last in a learning environment, this also appeals to other students and their varied learning styles. The nature in which information is now accessible to me has improved greatly. I now work with mobile phones, pod casts, social networking sites and University VLE to access information and communicate with my fellow students and peers. PowerPoint is another form of VLE I have been introduced to in this semester, it has enabled me to conductRead MoreEssay on Plagiarism1832 Words à |à 8 Pageselseââ¬â¢s language, ideas or other original (not common-knowledge) wi thout acknowledging its source.â⬠Plagiarism is a nice word for cheating. [1] Analyzing that sentence, ââ¬Å"deliberatelyâ⬠and ââ¬Å"without acknowledging its sourceâ⬠are the keywords that cause a lot of confusion in the world of art, specifically more so, the world of academics. Plagiarism is a problem because it is often too broad and confusing term. First, most students do not realize that they are committing plagiarism when writing.Read MoreHow to Write a Research Paper11497 Words à |à 46 PagesEnglish teachers from both Cranston High School East and Cranston High School West prepared this booklet for students learning the fundamentals of research paper writing. Much of the material was gleaned from sources listed on the acknowledgements page. The information chosen is considered suitable to fulfill the instructional needs of the teachers and to facilitate practical use by the students. 1. Topic Selection Topic selection will vary with the teacher or the course. If you are given aRead MoreAnnotated Bibliography: Plagiarism39529 Words à |à 158 PagesBuckwalter, J. A., Wright, T., Mogoanta, L. and Alman, B. (2012), Plagiarism: An assault on the integrity of scientific research. J. Orthop. Res., 30:à 1867 1868. Granitz, N. and Loewy, D. (2007). Applying Ethical Theories: Interpreting and Responding to Student Plagiarism. Journal of Business Ethics, 72(3), 293-306. Luke, B. and Kearins, K. (2012), Attribution of words versus attribution of responsibilities: Academic plagiarism and university practice. Vaccine, 30(50): 7131-7133. Rushby, N. (2013), PlagiarismRead MoreS16019 Words à |à 25 Pagesï » ¿ Chapter 1 The U.S. Business Environment Questions for Review: 1-4. Why is inflation both good and bad? How does the government try to control it? Inflation occurs when an economic system experiences widespread price increases. Too much inflation is a bad thing because it means the dollar doesnââ¬â¢t have the same purchasing power it did. Costs of goods rise with inflation, but too much inflation too quickly prevents people from keeping up with the changes in cost. For those who donââ¬â¢t receive incomeRead MoreDeveloping Management Skills404131 Words à |à 1617 PagesFull-Service Project Management: Sharon Anderson/BookMasters, Inc. Composition: Integra Software Services Printer/Binder: Edwards Brothers Cover Printer: Coral Graphics Text Font: 10/12 Weidemann-Book Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on appropriate page within text. Copyright à © 2011, 2007, 2005, 2002, 1998 Pearson Education, Inc., publishing as Prentice Hall, One Lake Street, Upper Saddle River, New Jersey 07458. AllRead MoreTransforming Total Sales into Net Profits51271 Words à |à 206 Pages Corporate profits. 4. Corporationsââ¬âGrowthââ¬âManagement. 5. Organizational effectiveness. I. Title. HF5438.4.K46 2004 658ââ¬âdc22 2004018021 This publication contains information obtained from authentic and highly regarded sources. Reprinted material is used with permission, and sources are indicated. Reasonable effort has been made to publish reliable data and information, but the author and the publisher cannot assume responsibility for the validity of all materials or for the consequences of theirRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words à |à 1573 PagesHoldener, S4Carlisle Publishing Services Composition: S4Carlisle Publishing Services Printer/B inder: Courier/Kendallville Cover Printer: Courier/Kendalville Text Font: 10.5/12 ITC New Baskerville Std Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on the appropriate page within text. Copyright à © 2013, 2011, 2009, 2007, 2005 by Pearson Education, Inc., publishing as Prentice Hall. All rights reserved. Manufactured in the United States
Sunday, December 22, 2019
Objectives of Management Accounting Example
Essays on Objectives of Management Accounting Essay Objectives of management Accounting Objectives of Management Accounting Management accounting entails the process whereby a business prepares accounts and reports with the aim of providing accurate information about the financial transactions within an organization. The information provided through this process is essential in the decision making process within a business enterprise. Managers use such information to make key decisions that have an impact on operations within the organization. The reports produced through management accounting are used to fulfil the objectives, aims, and purposes of the organization and they are not for the use by external stakeholders such as shareholders and investors. Thus, the objectives of management accounting are mainly internal and apply within the organization as opposed to financial accounting. The reports generated through management accounting can either be weekly, monthly, or even quarterly and can provide essential statistical informatio n. This paper will describe the benefits of cost-volume-profit analysis, sensitivity analysis, breakeven analysis, as well as regression analysis and how they can assist in making management decisions. Cost-volume-profit (CVP) analysis is a principle of management that is helpful in providing an analysis of how the profit of the company is affected by changes in the volume of sales, as well as changes in the cost incurred during the production process. Over the years, many organizations have used the technique in their operations and it is considered as one of the most important techniques in analyzing costs. CVP assists in making business decisions in a number of ways. One of the ways in which CVP is used in managerial decision making is when making simple calculations. The calculations involved in CVP are simple as compared to other methods of analysis. There are standard formulas that have been set, which are used in the analysis of costs through CVP (Kinney Raiborn, 2013). CVP can also be used in management decision making to determine the variable and fixed costs in the organization. Through CVP, it becomes possible to determine which costs are variable and the costs that remain unchanged in the production process. Variable costs entail the costs that increase when the level of sales in the business increase. Based on CVP analysis, examples of variable costs can be shipping charges, sales commissions, cost of direct materials, as well as delivery costs among others. Fixed costs do not change even if there are changes in the level of sales within the business. Some examples of fixed costs are rent paid for the business premises, insurance expenses, cost of business license, as well as salaries of permanent employees who work for the organization (Kinney Raiborn, 2013). In addition, CVP is essential in predicting the future performance of the company through analyzing the breakeven point. An evaluation of the BEP helps to determine the spending, as well as production of the company in the future and assess whether the volume of production is worth compared to the expected sales. With the knowledge of the breakeven point, managers can increase the production in order to ensure that the company enjoys high amounts of profits. Moreover, since CVP relates to statistical analysis, the management can break down the decisions into probabilities as a result of which they can be used in making crucial decision in the organization (Kinney Raiborn, 2013). The other benefit of using CVP analysis in the decision making process is because it gives a detailed description of the activities within the company. When managers use CVP, they gain knowledge about the costs of the production and gauge whether the volume of sales will manage to cover the costs incurred. With detailed information, the management can also determine the effects of altering variables on the production and the overall performance of the company. Cost projections are essential in the allocation of resources and inputs in the production process (Kinney Raiborn, 2013). Sensitivity analysis is a management accounting technique that helps to determine the impact of various values of independent variables on the dependent variables based on certain assumptions. For example, it can be used to determine the impact of interest rates on the price of a bond issued by the government. In management accounting, sensitivity analysis helps to make predictions of the outcomes that certain decisions will have if there are any unexpected changes in the situation. In the decision making process, sensitivity analysis can be used as a tool for risk analysis whereby it determines the probability of a risk occurring if the company makes a certain investment. Thus, organizations can use this form of analysis to come up with risk policies that will predict the probable risks on investment (Saltelli, Tarantola, Campolongo, 2004). According to Saltelli, Tarantola Campolongo (2004), through sensitivity analysis, the management has the capacity to wholly understand the investment project. This is because this form of analysis is essential in understanding the variables that have an impact on the forecasts of cash flow in the organization. The use of sensitivity analysis in decision making also emanates from the fact it gives a description of critical variables, and as a result, the organization can make decisions that will improve the variables that are seen as weak and may affect the performance of the organization negatively. The management can also use sensitivity analysis to unearth the forecast that can be regarded as inappropriate. This way, the decision maker give more attention to variables that are seen as relevant. Break even analysis is a technique of financial analysis used by the management to evaluate the point at which the costs of revenue are equal to the revenue that the company receives. With break-even analysis, it is possible to calculate margin of safety; this refers to the amount revenues can fall while at the same time not going below the break-even point. Break-even analysis is very essential in the decision making process. First, the management can use this technique to determine whether to buy or make an equipment. When there are few variable costs involved compared to the amounts that have to be paid to the supplier, then it would be appropriate for the organization to manufacture as opposed to buying. On the other hand, if the variable costs are higher than the costs to be incurred in buying an equipment, then purchasing rather than making is the best option (Cafferky Wentworth, 2010). The management can use the break-even analysis to determine the financial structure of the company. After determining the break-even analysis, it is possible to understand how profits behave compared to the output of production. This way, the financial structure of the company can be determined with a lot of ease. Break-even analysis can also be termed as crucial in controlling costs that might otherwise affect the profitability of the company. Break-even analysis helps to identify the costs that might not be noticed (Cafferky Wentworth, 2010). Regression analysis is a statistical technique that organizations use to determine how variables relate in the production process. While using this technique, the person investigating seeks to understand how one variable affects the other. For example, how an increase in the price of a commodity can affect the demand for the same product. In the decision making process, regression analysis can be used to predict the future. For instance, an organization can use regression analysis to determine the effects of changes in taxes on profitability, as well as predict how consumer spending will affect the operations of the organization. In addition, regression analysis can be useful when companies want to expand to both local and international markets. This is because it can help to make predictions of changes in the market and how they will affect business. The management can also use regression analysis to correct errors in the decision making process and gain new insights on investment opportunities (Chatterjee Hadi, 2012). References Cafferky, M. E., Wentworth, J. (2010). Breakeven analysis: The definitive guide to cost-volume-profit analysis. New York: Business Expert Press. Chatterjee, S., Hadi, A. S. (2012). Regression Analysis by Example. Hoboken: Wiley. Kinney, M. R., Raiborn, C. A. (2013). Cost accounting: Foundations and evolutions. Cincinnati: South-Western, Cengage Learning. Saltelli, A., Tarantola, S., Campolongo, F. (2004). Sensitivity Analysis in Practice: A Guide to Assessing Scientific Models. Chichester: John Wiley Sons
Saturday, December 14, 2019
A radical democrat Kingââ¬â¢s Last Campaign Free Essays
The task of this paper is two-fold; first, this paper will trace and explain the evolution of Martin Luther King, Jr.ââ¬â¢s belief that war, racism and economic injustice are all intertwined and can be dealt with the restructuring of societyââ¬â¢s priorities and addressed the necessity of a revolution of values; second, this paper will also explain how he carried out his beliefs in the Memphis Strike and the Poor Peopleââ¬â¢s Campaign in 1968 [what the author and University of Washington professor, Michael K. Honey called ââ¬Å"Martin Luther Kingââ¬â¢s Last Campaignâ⬠]. We will write a custom essay sample on A radical democrat: Kingââ¬â¢s Last Campaign or any similar topic only for you Order Now At the onset of this paper, it is important to note that Kingââ¬â¢s ââ¬Ëbackgroundââ¬â¢ [which includes his race, habituation, education and religion among many others] is crucial in his struggle against racial discrimination, violence and economic injustice as experienced by blacks in the United States of America. The son of a minister, he was habituated in the teachings of Christianity and was able to attend and complete his formal education with degrees in sociology, theology and divinity. King was a pastor himself at Dexter Avenue Baptist Church in Montgomery, Alabama in the year 1953 prior to finishing his doctoral degree in systematic theology from Boston University on 1955. What prompted the Memphis Strike? Memphis in 1968 was ruled by a paternalistic ââ¬Å"plantation mentalityâ⬠embodied in its good-old-boy mayor, Henry Loeb. Wretched conditions, abusive white supervisors, poor education, and low wages locked most black workers into poverty (Honey, 2007). This characterization of the political, economic and social conditions of the blacks in Memphis in 1968 by Honey may be cited as cases of ââ¬Å"manufactured and institutionalized oppressionâ⬠. By manufactured and institutionalized oppression, I mean oppression which involves the mechanisms of law and power relations the basis of which is against the ââ¬Ënatural lawââ¬â¢. Natural law theorists, following the thoughts of St. Augustine that ââ¬Å"an unjust law is not a law at allâ⬠and Aquinasââ¬â¢ notion of ââ¬Å"law as an ordinance of reasonâ⬠, view morality as essentially tied up with the very essence of law. How does King figure in all of this? How can we explain the evolution of Kingââ¬â¢s ideological perspective? The point is clear: Oppression and unfair treatment of individuals is not morally valid nor is it morally permissible most especially if the basis of such is the individualââ¬â¢s ethnicity or race. As the Kantians believed, each person has a capacity for rational deliberation and choice and as such, an autonomous being with dignity and therefore, ought to be respected by virtue of being human persons. The evolution of Kingââ¬â¢s ideological perspective may therefore be construed in such way that it is a product, both of his experiences as a black living in a white-dominated society and his philosophical and political development and this may be inferred from Faircloughââ¬â¢s book, ââ¬Å"Martin Luther King, Jr.â⬠, 1995. Kingââ¬â¢s speeches very clearly communicate his views: ââ¬Å"I believe that unarmed truth and unconditional love will have the final word in realityâ⬠¦.I have the audacity to believe that peoples everywhere can have three meals a day for their bodies, education and culture for their minds, and dignity, equality, and freedom for their spirits[â⬠¦] (as cited by Carson, 1998). Three important points about King and his political thrusts, philosophical orientation and as to why he may be called a ââ¬Å"radical democratâ⬠may be inferred from the aforementioned quotation. First, as a leading figure in ââ¬Å"civil rights movementâ⬠King believed in the tenets of democracy and liberalism in the sense that he believed that both white and black Americans must have fair treatment in the realm of the law, for the purpose of law itself is the administration of social justice. Second, he believed in the ââ¬Å"non-necessity of violenceâ⬠. Influenced by Mahatma Gandhiââ¬â¢s ââ¬Å"civil disobedienceâ⬠, he believed that there are peaceful ways in and through which the problem of political and economic injustice may be resolved. It may further be inferred that for him, political, economic and social change can best be achieved not through violence [and that the government should not keep itself busy from going to war, as in the case of the Vietnam War] nor by transforming a portion or a sector of society but what is needed is a restructuring of the society as a whole. King believed that a ââ¬Å"revolution of valuesâ⬠is a matter of strict necessity. Kingââ¬â¢s views may be identified as ââ¬Å"radicalâ⬠in this sense. He emphasized the need to restructure even how we think about black Americans or African Americans. It may be inferred that racism, the feeling of being superior over another race or ethnic group or nationality is grounded on the wrong premises; wrong modes of thinking and reasoning. It is by transforming our psyche and by appealing through reason and conscience that society as a whole may chart its rightful path towards genuine social change. Third, he believed and fought not only for civil rights but also for economic changes especially labor rights and lobbied for law reforms to be enacted to protect Negroes from exploitation and oppressive schemes adopted by employers. These include fair treatment and equal work opportunity, just compensation, etc. This is how he carried out his beliefs in the Memphis Strike and the Poor Peopleââ¬â¢s Campaign. King served as a voice crying for the emancipation not only of black Americans but also of other human beings from the chains of oppression. Based on the above discussion, we can see why King believed that the problems and conflicts brought about by war, racism and economic injustice are all intertwined. What we can infer from his views is the interweaving and interconnecting patterns brought about by racism itself. But racism is not in itself the root of the problem; it is merely an effect of a traceable cause. This cause, this root of racism, is none other than a distorted value system, a wrong frame of mind resulting to feelings of superiority and even contempt and hate which further results to taking an unfair advantage of other human beings, plus a very materialistic market essentially driven by capital. The fault is, at bottom, deeply embedded with the minds of persons and a wrong value system, a wrong sense of pride and nationality, for it fails, in the Kantian sense, to respect persons for the sake of being human persons, not as mere means and tools that another person or race may use but as ends-in-themselves, possessing the capacity for rational thought, capable of making rational choices and thereby, beings that are autonomous and dignified and for the aforementioned reasons, deserve to be respected. References: Carson, C. A Call to Conscience: The Landmark Speeches of Dr. Martin Luther King, Jr.: Warner Books; Reprint edition (January 1, 2002). Fairclough, A. Martin Luther King, Jr.: University of Georgia Press, c. 1995. Honey, M. Going Down Jericho Road: The Memphis Strike, Martin Luther Kingââ¬â¢s Last Campaign: W. W. Norton (January 15, 2007). à How to cite A radical democrat: Kingââ¬â¢s Last Campaign, Essay examples
Thursday, December 5, 2019
Chevy Volt Case Study free essay sample
The Chevy Volt case tells me the nature of the strategic decision making at a large complex organization like GM can be difficult and challenging due to having to convince other managers to agree with the ideas for new strategies. In the case it states that the two persons, GMââ¬â¢s vice chairman and the head of RDamp;D had already proposed to make the Volt in 2003 but were turned down by the other managers. However, in 2007 with the changes in the external environment the other managers agreed to back the project for the Chevy Volt. 2. The trends in the external environment that favored the pursuit of the Chevy Volt project are surging oil prices, Telsa Motors introducing their lithium ion sports car to the market, increasing concern for global warming which may lead to tighter regulations designed to limit carbon emissions, the costs of manufacturing lithium ion batteries was falling, and Toyotaââ¬â¢s best selling hybrid called the Prius. We will write a custom essay sample on Chevy Volt Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The rise of oil prices leads to increased gas prices and as a result consumers demand for fuel efficient cars increased which was proven by the number of Priusââ¬â¢ sold by Toyota. . The impediments to pursuing this project that existed within GM are the costs needed to fund this project, the difficulty in obtaining the technology to produce a large lithium ion battery for the car, and the fear of failing again at producing another electric car. Their first failure was the EV1 electric car introduced in 1990s. 4. The plan for the Chevy Volt seems to be based partly on the assumption that oil prices would remain high and yet in late 2008, oil prices collapsed in the wake of a sharp global economic slowdown. This tells me that the nature of strategic plans was based on the current market situation and anticipated trends. Falling oil prices may potentially affect the success of the Chevy Volt because if oil prices are falling then the price of gas is falling as well. The rising price of gas is a primary reason that created demand for fuel-efficient cars. Therefore if the price of gas decreases to what consumers were normally paying before then the demand for fuel-efficient cars will decrease. If demand decreases then the number of Chevy Volts sold will decrease, thus the success of the Chevy Volt will decline. I personally do not think oil prices will remain low due to the growing demand in developed nations and the limited new supplies for oil. When supply is low and demand is high, the price increases for a product. 5. For Chevy Volt to become a successful car it must be comparable to its competitorââ¬â¢s version of fuel-efficient cars in the following ways: the miles per gallon, the quality, the modern design, technology, performance, and affordability. Additionally, the availability to have a place to charge the battery for the car when driving more than 40 miles and GM must have a successful marketing strategy. GM will need to be able to sell the Chevy Volt at a profit which means the cost to produce must be lower than the selling price but the selling price must be comparable to itââ¬â¢s competitors which is about $30,000-$40,000. This is a very risky venture for GM. They already failed once and consumers may not put their trust back in GM and decide to go with a competitor like Toyota. GM would have to use a lot of capital for this venture. The costs of failure for this project would be large due to the capital needed to fund this venture. GM could go bankrupt. GM risks building thousands of cars in mass production and not being able to sell them. The costs of not pursing the project are GM missing out a new profitable market for which there has been an increased demand. If successful, the Chevy Volt could get GM back on track to becoming profitable again. Not pursing the project would be a great loss for GM.
Chevy Volt Case Study free essay sample
The Chevy Volt case tells me the nature of the strategic decision making at a large complex organization like GM can be difficult and challenging due to having to convince other managers to agree with the ideas for new strategies. In the case it states that the two persons, GMââ¬â¢s vice chairman and the head of RDamp;D had already proposed to make the Volt in 2003 but were turned down by the other managers. However, in 2007 with the changes in the external environment the other managers agreed to back the project for the Chevy Volt. 2. The trends in the external environment that favored the pursuit of the Chevy Volt project are surging oil prices, Telsa Motors introducing their lithium ion sports car to the market, increasing concern for global warming which may lead to tighter regulations designed to limit carbon emissions, the costs of manufacturing lithium ion batteries was falling, and Toyotaââ¬â¢s best selling hybrid called the Prius. We will write a custom essay sample on Chevy Volt Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The rise of oil prices leads to increased gas prices and as a result consumers demand for fuel efficient cars increased which was proven by the number of Priusââ¬â¢ sold by Toyota. . The impediments to pursuing this project that existed within GM are the costs needed to fund this project, the difficulty in obtaining the technology to produce a large lithium ion battery for the car, and the fear of failing again at producing another electric car. Their first failure was the EV1 electric car introduced in 1990s. 4. The plan for the Chevy Volt seems to be based partly on the assumption that oil prices would remain high and yet in late 2008, oil prices collapsed in the wake of a sharp global economic slowdown. This tells me that the nature of strategic plans was based on the current market situation and anticipated trends. Falling oil prices may potentially affect the success of the Chevy Volt because if oil prices are falling then the price of gas is falling as well. The rising price of gas is a primary reason that created demand for fuel-efficient cars. Therefore if the price of gas decreases to what consumers were normally paying before then the demand for fuel-efficient cars will decrease. If demand decreases then the number of Chevy Volts sold will decrease, thus the success of the Chevy Volt will decline. I personally do not think oil prices will remain low due to the growing demand in developed nations and the limited new supplies for oil. When supply is low and demand is high, the price increases for a product. 5. For Chevy Volt to become a successful car it must be comparable to its competitorââ¬â¢s version of fuel-efficient cars in the following ways: the miles per gallon, the quality, the modern design, technology, performance, and affordability. Additionally, the availability to have a place to charge the battery for the car when driving more than 40 miles and GM must have a successful marketing strategy. GM will need to be able to sell the Chevy Volt at a profit which means the cost to produce must be lower than the selling price but the selling price must be comparable to itââ¬â¢s competitors which is about $30,000-$40,000. This is a very risky venture for GM. They already failed once and consumers may not put their trust back in GM and decide to go with a competitor like Toyota. GM would have to use a lot of capital for this venture. The costs of failure for this project would be large due to the capital needed to fund this venture. GM could go bankrupt. GM risks building thousands of cars in mass production and not being able to sell them. The costs of not pursing the project are GM missing out a new profitable market for which there has been an increased demand. If successful, the Chevy Volt could get GM back on track to becoming profitable again. Not pursing the project would be a great loss for GM.
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