Movie: Tucker - Preston Tucker Essay -- essays research papers

photograph Tucker - Preston TuckerPreston Tucker was a political machine-crazy kid who hung around machine speedways andgrew up to create an automobile Tucker that was years ahead of its time. He wasa man of pioneering spirit, ingenuity, and daring, who revolutionized Detroitin the 1940s with his stunning car of tomorrow. It was streamlined, futuristic,and spendthrift the car every American dreamed of owning, at a expense most people couldafford. When he wanted to start to produce the car he faces a split of barriers,an oligopoly.In the movie Tucker, there argon only a small number of firms. LikeKaiser-Frazier Automotive caller-out and Ford Motor Company. Each of the companiesholds a large share and the follow up from each one may apply a great hit on theothers. The reaping in this movie is car. Car is similar, differentiatedproduct and this is the characteristics of an oligopoly. There are manyproblems when Tucker tries to produce his dream car. Since his car is a new o ne,he needs to use a lot of advertising to promote it in order to attract peopleto defile it. Like magazine, car shower, and TV.When Tucker tried to produce his car, he go about many problems. First hehad the financial problem he postulate $15 million to produce the bomber engine.However, he did not have enough money, so he issued 4 million shares to raisehis money. Besides, retooling for a model change could cost $20 million andsince his car was a new brand, Tucker was lack of support of the big firms, sohe needed a lot of money ...