Preview

Bmw (Project Proposal on Bmw)

Best Essays
Open Document
Open Document
1635 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bmw (Project Proposal on Bmw)
PROJECT PROPOSAL Strategies and Tactics Employed by BMW in Pricing, Production and Resource Utilization using Micro And Macroeconomic Theory

MBA Full time Sept. Intake 2012
Course Module Managerial Economics
Course Co ordinator Ceyhun Elci Submitted by Saurabh Modi 3102870
-------------------------------------------------
Date 20th Nov. 2012
-------------------------------------------------

-------------------------------------------------

-------------------------------------------------

------------------------------------------------- -------------------------------------------------
Executive summary
-------------------------------------------------

The project is about Bayerische Motoren Werke G.m.b.H founded in 1917; Bayerische Motoren Werke AG is one of the Germany’s Largest and most successful car and motorcycle manufacturer in the whole world. With BMW, MINI and Rolls Royce are three of the strongest premium brand in the automobile

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Are you sure that you know everything about these five car companies. Well i’m here to tell you things about these cars you may not know about.(England) Rolls Royce, (German) BMW, (England) Bentley, (american) Mustang and (japanese) Mitsubishi these are five big plane engine companies that turned into big car companies. Rolls Royce made the well known supermarine Spitfire which that was a strong, fast, powerful and acrobatic planes that shot down thousands of german planes and blown up german tanks. BMW made the first jet plane engine that was used in the Messerschmitt Me 262. BMW made the Messerschmitt Me 262 because hitler asked for a more faster, stronger plane that can get away if they were attacked and shot down the allies planes and bomb the allies bases but this is not how it…

    • 482 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    BMW's Product life cycle.

    • 644 Words
    • 2 Pages

    any product has four stages of life cycle: introduction, growth, maturity, and decline. However, this concept does not quite fit with BMW's products. Jim McDowell, vice president of marketing at BMW says " If a product is declining, we would prefer to withdraw it from the market, as opposed to having a strategy for dealing with the declining product," In other words, Maturity and Decline stages do not usually exist in BMW's product life cycle. Before a product reaching the Maturity stage that characterized by decreasing sales rate and declining profit, BMW pulls it out from the market. BMW cars typically have product life cycle of seven years. As we see in Figure 11-1 any product has bell-shape curve of duration of life cycle, but BMW cars has half shape life cycle, including introduction and growth stages. Thus, the best sales number is often achieved in sixth or seventh year after product introduction.…

    • 644 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Throughout the century the sector turned out to be the pillar of the national economy. Germany's famous premier brands such as Porsche, Audi, Volkswagen, Mercedes-Benz and BMW are enviable all around the world (ACEA, European Automobile Manufacturers Association 2008).…

    • 2508 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Imc Evaluation of Bmw

    • 1368 Words
    • 6 Pages

    In my IMC of a BMW Print-ad and commercial, I will be analyzing the message, communication strategy, and marketing strategy of the company and how the two ads are similar and different. The message section will be answering the question “what is communicated by BMW?”, while communication strategy and marketing strategy will be answering the “how” and “why” questions of the message. I will be writing about each ad separately and explaining how they are integrated in BMW’s unified message to the public.…

    • 1368 Words
    • 6 Pages
    Better Essays
  • Good Essays

    What are the causes and consequences of BMW’s quality problems with newly launched products? What should be done to improve “launch quality”?…

    • 851 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Volkswagen, the “People’s Car”, has quite a diverse track record of production, ranging from cars to military equipment and passenger vehicles to commercial cars. It is a German company that was founded in 1937 with the intention of creating the Volkswagen Car, which is now known as the Beetle; however, as World War II dawned, it shifted its production to military equipment. After the war ended, Volkswagen realigned its objectives to producing cars, and with that began to expand on a global scale, opening establishments in Toronto and subsequently Brazil and America. As sales proliferated in the 50s and 60s, it began acquiring many commercial subsidiaries like Audi, Auto Union, Bentley Motors Ltd., and Bugatti Automobiles; as a result they changed their title to Volkswagen Group (Volkswagen Aktiengesellschaft) and established Volkswagen as another one of its branches. It’s growing control over established subsidiaries, along with its global innovation and dominating market share, has largely contributed to its title of the 2nd largest car…

    • 1505 Words
    • 7 Pages
    Good Essays
  • Better Essays

    General Motors

    • 1227 Words
    • 4 Pages

    General Motors is a well known American company that is responsible for the fabrication and production of vehicles under others subsidiaries or brands such as Buick, Chevrolet, Cadillac, GMC, Oldsmobile, and Pontiac. Besides of the American brands there are other brands working through joint ventures like Opel, Wuling, Vauxhall, Holden, and Faw Jiefang. It seems to be an interesting strategy of market power the diversity of vehicles and models oriented to satisfy the necessity of the consumers adding high quality and performance to the automobile’s technology. As part of the General Motor history it is necessary to mention some chronological data for this company. General Motors was founded in 1908 in Flint, Michigan by William Durant with he investment on the Buick company only. In Germany the Opel company was targeting and getting strength with sewing machines; years later this company was introduced to the automobile market to posteriori being part of the GM family (GM, 2014).…

    • 1227 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Bmw vs Mercedes

    • 7214 Words
    • 29 Pages

    Automobile Industry History……........................................................3 History of Mercedes-Benz…………………………………………………………….….4-5 History of BMW………………………………………………..……………………….….…6-7 Mercedes-Benz…………………………………………………………………………….….7-8 - Vision - Mission - Goals - Strategy…

    • 7214 Words
    • 29 Pages
    Powerful Essays
  • Satisfactory Essays

    Who doesn’t know Louis Vuitton, Gucci, Prada, and Chanel? Those are some of popular fashion brands. Have you ever wondered why those brands become so popular and how those brands get in our country? The answer is globalization. Globalization has been the most powerful factor that shaped the global economy. Globalization is the process of development in politics, economy and culture all around the world. National economies becomes increasingly integrated through globalization. Although globalization brings positive effect on economy, it also affects the world in a negative way.…

    • 1218 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Ford - Going Green

    • 4129 Words
    • 17 Pages

    Ford has the history of providing excellent products ranging from small cars to luxurious brand to its customers. They are known for good quality and service. It is great privilege to know how the company works and to see the processes that they do to produce a good car. Last February 2013 we were given the chance to witness how things go inside the plant of Ford in Cologne. At first, a person with authority spoke to us and discussed things about Ford. I am really amazed with how they chose Cologne as a place for their factory. They consider every important factor. They said that Cologne is a good location because it is accessible by land and water. They can ship their cars via Rhine River. Also, they consider their place as a good site because they can expand their factory at any time. As I’ve notice, not all of their employees in the factory are Germans. There are different nationalities it the company, but it is still dominated by Germans. I learn so many things during the visit and those things that are mentioned above are just the some of the highlights of this paper.…

    • 4129 Words
    • 17 Pages
    Good Essays
  • Powerful Essays

    1.About Porsche AG ...................................................................................................................... 4 2.Porsche’s Growing Portfolio ....................................................................................................... 5 3.The Most Profitable Automobile Company in the World ............................................................. 8…

    • 10732 Words
    • 43 Pages
    Powerful Essays
  • Better Essays

    Mba Sem 3rd

    • 10779 Words
    • 44 Pages

    The term elasticity is borrowed from physics. It shows the reaction of one variable with respect to a change in other variables on which it is dependent. Elasticity is an index of reaction. In economics the term elasticity refers to a ratio of the relative changes in two quantities. It measures the responsiveness of one variable to the changes in another variable.…

    • 10779 Words
    • 44 Pages
    Better Essays
  • Powerful Essays

    Since the existence of communities, states and governments, there have always been minority groups, who disagree with decisions and circumstances in society. Terrorism occurs when these groups act violently to influence a target audience and to change behaviour and opinions. In history the dimensions of terrorism have changed and the fear and awareness of the population concerning terrorism has increased. Transnational terrorism causes most of the actual international conflicts and lead to the attacks of 9/11 and to a global war against terrorism (Garrison, 2003). The suicide attacks on the World Trade Centre in New York could probably be regarded as the most catastrophic and biggest terrorist attacks in history, which forced governments to develop strategies for combating, but first and foremost, for avoiding terrorist attacks. The decision made by the US government after 9/11 caused ten years of war, costing the USA 1.283 trillion dollar (Belasco, 2011), and many lives. When taking such a decision many options and strategies must be evaluated. This paper states, that game theory can be used by governments to make decisions in the fight against terrorism.…

    • 2110 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Managerial Economics

    • 3912 Words
    • 16 Pages

    According to the theory, in a large multi-product firm the management is not the owner. There are forms of business firm which compromises the group of individuals and not controlled by single entity.…

    • 3912 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    At first glance both cost control and cost reductions looks as if they refer to same thing, however there are many differences between cost control and cost reduction. While cost control refers to something which is decided in advance like maintaining the cost of a product to a certain level is called cost control, while cost reduction is something which is decided after wards so for example reducing the salary of employees when company decides to cut its cost can be defined as cost reduction.…

    • 338 Words
    • 2 Pages
    Satisfactory Essays