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Contrasting Business Styles of William Durant & Alfred Sloan
William Durant brought together more than twenty-five independent automobile companies to form the General Motors Corporation. He lost control of the company in 1910, due to financial difficulties. Durant regained control of the company in 1916. As a resilient businessman, he dismissed the bankers and took over as the president of the company (Blackford, pg 242). The business style that Durant possessed was to try to run General Motors as a one man show. He made the daily operating decisions and grand policy by himself. He simply could not make the major decisions on investments, exp…
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