A solar car is a solar vehicle used for land transport. Solar cars combine technology typically used in the aerospace‚ bicycle‚alternative energy and automotive industries. The design of a solar vehicle is severely limited by the amount of energy input into the car. Most solar cars have been built for the purpose of solar car races. Exceptions include solar-powered cars and utility vehicles. Solar cars are often fitted with gauges as seen in conventional cars. To keep the car running smoothly‚
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INDUSTRY Classification and definition of the industry The relevant industry for Smart Car is worldwide automakers because the target audience will be cost-conscious Americans. In 1999‚ the American car market was filled with many foreign imports that directly competed against and in some instances beat American domestic car producers. Analysis of existing competitors Today there are other low cost automobile manufacturers marketing to the United States. None‚ however‚ produce anything
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A hybrid car definition: The word hybrid is usually applied to plants and animals which have been cross-bred between species to produce something new. A hybrid car is a passenger vehicle that is driven by a hybrid engine‚ which can run on two or more fuel sources. In other word‚ Hybrid cars are primarily gas powered cars with electrical motor assist Why hybrid car? : Here are the reasons why you should choose a hybrid car instead of normal car: 1. Hybrid cars are environment friendly
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close to the company that affect its ability to serve its customers” [principles of marketing]. The microenvironmental factors that affected the introduction and sale of the Toyota Prius were it customers‚ competitors and publics. Customers are anyone who buys or rents from the company. Customer are the most important microenvironmental factor that affect company as they survive on meeting the wants and needs of the customer and failure to do so will result in the company failing. Toyota study their
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the way the company manages its employees and that it always remembers its mission statement. Its success is mainly due to the focus it has on who it is selling its products to‚ rather than what it is selling. Zappos.com mission statement is " to provide the best customer service possible." Employees also call it the wow statement and has been the key factor for Zappos.com quick success in a global scale. This mission statement has helped with employee retention because the company goes through
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Aim: Thorpe Park – “To become world leader in branded location based entertainer”- As Thorpe Park is a profit organisation their main goal is to make money for their owners and any shareholders that they have‚ they also try to increase market shares. Wardown Museum – “To provide high quality attractive cultural services which meet the diverse needs of local communities and visitors” – Being a non-profit organisation making money is not important which is why in their aim they only talk about provided
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1) FIRM OBJECTIVES: The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms‚ however‚ might not‚ and many times do not‚ make decisions based on the profit-maximization objective‚ or at least exclusively on the profit-maximization objective. Other objectives include: (1) sales maximization‚ (2) pursuit of personal welfare‚ and (3) pursuit of social welfare. Although firms are assumed to make decisions that increase profit in standard economic
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GROUP I SEMINAR TOPIC: MECHANISM OF MANAGEMENT BY OBJECTIVES Abstract: MBO (Management by Objectives) is an all-round and systematic management method. It plays essential roles in promoting the reform of the internal management system in an organization and improving management efficiency. In this paper‚ the basic connotation and Theoretical Model of MBO are explored‚ and then on the basis of analyzing the predicaments of reform for the Internal management system of an organization‚ the basic
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Investment Objectives Investment objectives cover how we accomplish most financial goals. These investment objectives are important because certain products and strategies work for one objective‚ but may produce poor results for another objective. It is quite likely you will use several of these investment objectives simultaneously to accomplish different objectives without any conflict. The other five specific objectives are stated below. Capital Appreciation Capital appreciation is
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My aim in life: “Ambition makes a man energetic and active”. People have their own dreams in life some want to become rich or a band business man. There are others who have the craze to become poets‚ writers and novelists. But most of us have the desire of becoming doctors‚ engineers and scientists. As for myself‚ I don’t have high hopes in my life‚ indeed. I wish to become a teacher. The aim of my teacher’s life inspires me to take up this profession. The teaching profession is very noble
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