Account for why some enterprises become successful innovators and why others do not. It is a difficult question to answer why some enterprises become successful innovators while others do not especially in these days of rapid technological changes‚ high inflation and highly fluctuating exchange rates in the world of borderless world. The first reaction is it could be due to the strong entrepreneurial leadership of the enterprises in terms of knowledge management or an acute sense of financial investment
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CONTROLLING What quality control procedures operate within BMW? BMW believe that quality is of key importance in every stage of the manufacturing process‚ from product conception to customer feedback. Principles applied are consistency and complete coverage of all requirements throughout the development and production process. Quality control is achieved through a system of quality audits at every stage of the manufacturing process: the production of parts‚ components and in the assembly plants
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BMW vs. Mercedes The most intense automotive rivalry in Europe is entering a new phase: Mercedes-Benz and BMW will be testing the world’s appetite for small cars with big prices. Since BMW dumped Rover and Mercedes shed its relationship with Chrysler‚ both automakers have shunned high-volume segments of the car business and focused on premium models. Now that pressure is growing for better fuel economy‚ and there are fewer top-shelf segments to exploit‚ both are looking for additional growth
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Career of Norbert Reithofer‚ CEO of BMW In 1987‚ Norbert Reithofer joined Bavarian Motor Works‚ or BMW‚ as Chief of Maintenance Planning. Nevertheless‚ as Norbert Reithofer was a good student and a sincere worker in BMW‚ his improvement was fast. Within a couple of years‚ that is in 1989‚ Norbert Reithofer became the Director of Controlling Technologies‚ and after two more in 1991‚ reached the directorship of the Body-in-White production division of the BMW firm. In 1994‚ Norbert Reithofer
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Porsche: The Crisis of 1992 1. What challenges was Porsche facing in 1992? When Dr Wendelin Wiedeking was assigned his new job‚ the position could not be more challenging: * Porsche’s unit sales had dropped from a high 60 000 a few years earlier to less than 15 000 in 1992 * Declining financial results (negative net income) * Automotive industry in crisis * Difficult competitive environment especially with the Japanese luxury automakers * Rumors of takeover by another
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Table of contents BMW: case study analysis Q1: Business environment and main trends in 2004 The global car market started decline in 2003‚ led by market falls in North America and Western Europe. Other regions of the world led by East Asia are seeing further car market expansion in 2003. In 2004‚ projections for livelier economic growth underpin the resumption of car market growth in Western Europe and North America. (Langley 2004‚ p691-711) Although the more stringent laws can eat away at
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People always say the harder you work the more money you will make‚ but is this really the case for everyone? The topic of men getting paid more than women has become a recent trending topic with many different people inputting different opinions. Recently the U.S. women’s soccer team has been one of the leading pioneers in the case of gender pay gaps. On average when the U.S. women’s soccer team wins a game they get $1‚300‚ if they lose they get nothing at all‚ if the men win they get $17‚000‚ if
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1. What were the objectives of the BMWFilms campaign? In the early 1990’s BMW’s performance in the US had reached a low point with annual unit sales falling as low as 53‚500. The performance of the company was so poor that rumours in the automobile industry suggested BMW may exit the US market. In the ten years from 1991 to 2000 however the company rebounded and by 2000 annual sales had reached record levels of just under 200‚000. This impressive turnaround was achieved through introducing
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The History of BMW The name BMW came from Karl Friedrich Rapp‚ who was a Bavarian but well known as an engineer in 1916. BMW stands for Bayersiche Motoren Werke (Bavarian Motor Works) and its first appearance was actually in an aircraft engine. In 1917 this 6 cylinder Type IIIa went into production. When the Treaty of Versailles was signed and it forced them to stop production because it prohibited BMW from making aircraft engines in 1919. So they started to build air brakes for railway cars
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1. Analyze the buyer decision process of a traditional Porsche Customer. I believe the Porsche customer decision process begins with the need to uphold an specific image and status. This perspective is done by making sure the company creates vehicle for their looks rather than other purposes. They certainly appeal to the more posh customer. Basically‚ customers buy Porsche’s to express their social status. If a customer is capable of purchasing a Porsche vehicle‚ more than likely they are successful
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