One of the most famous statements (and misquoted) by a business executive in the history of capitalism is the statement by Charles E. Wilson, the head of General Motors, in January 1953. He was appointed to be Secretary of Defense and as part of his confirmation hearings he was asked if he would be able to make decisions that would be unfavorable to General Motors. He said he would be able to make such a decision, but couldn’t imagine that such a situation would arise because “I thought what was good for our country was good for General Motors, and vice versa.” (This quote is usually switched around to have him say “What’s good for General Motors is good for the Country.”) To start this course off we are going to do a little exercise that will examine General Motors and its culture, and how that has changed in 60 or so years. Here is the 1957 General Motors annual report. Look through it. I don’t expect or want you to analyze numbers. I don’t even expect you to read it all. Instead look at the pictures, the sections, and the types of information presented. How does General Motors present itself as a company? How does it see itself in regards to the country? to their employees? to their customers? to their stockholders? How does General Motors see its business? Here is a General Motors annual report from 2019. How is it different? How does General Motors present itself here? What changes do you see in these two reports? Do you think capitalism has changed over this period? In what ways? Write 300 words on your findings and submit through Moodle by classtime January 11.