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RE: LeoThread 2024-10-29 05:12

in LeoFinance3 months ago

Of course General Motor’s range architecture was too beautiful to last. General Motor's incentive schemes rewarded each brand individually and ultimately tempted brand managers to try and capture just a few more customers by adding in just a few more options.

More options meant more prices, more models and more choice. This example of entropy lead to the very complex brand architecture that General Motors had in 2008, right as they were facing bankruptcy.