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Running head: SITUATION ANALYSIS AND PROBLEM STATEMENT: BURNS AUTO CORPORATION

Situation Analysis and Problem Statement: Burns Auto Corporation
University of Phoenix
MBA 510
6/5/06

Situation Analysis and Problem Statement
Besides the main objective of earning the optimal amount of revenues for its shareholders, a business must also make sure that it keeps its cost of operating at a minimum level. By reducing its costs, and maintaining or increasing the amount of revenues, the business increases its net profit. Increased profits also result in a higher value of the business to potential investors.
Situation Background (Step 1)
Burns Auto Corporation, owned by Thomas Burns, consists of twenty-five new car dealerships selling cars produced by foreign automakers. The corporation has made its major presence in the western region of the United States. Being in business for twelve years, Thomas Burns has established dealerships in large automobile parks adjacent to freeways......

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Approximate Word Count: 1310
Approximate Pages: 6 (250 words per double-spaced page)

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