Current trends in Automobile aftersales Business: (Identifying the main areas of aftersales business where major changes have occurred over the last 5 years) The business dynamics in the automobile aftersales industry has seen some major changes in the last-5 years. While struggling with problems of overcapacity‚ lower sales and margins‚ customer retention etc. the manufacturers have been forced to rethink about their approach to after sales business as they have understood that aftersales can be
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Automobile industry The auto industry of India‚ with an annual production of around 22 million vehicles‚ is one of the largest in the world in FY 2013-14. It accounts for 22% of the country’s manufacturing gross domestic product (GDP). Various initiatives by the Government of India and the major automobile players in the Indian market‚ it is expected to make India a leader in the Two Wheeler and Four Wheeler market in the world by 2020. The demand for two wheeler & car segment is increasing because
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Advantages of marginal costing (Relative to the absorption costing) Preparation of routine operating statements using absorption costing is considered less informative for the following reasons: 1. Profit per unit is a misleading figure: in the example above the operating margin of Rs2 per unit arises because fixed overhead per unit is based on output of 5‚000 units. If another basis were used margin per unit would differ even though fixed overhead was the same amount in total 2. Build-up or run
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I always believed that curiosity has been the cornerstone of man’s evolution. I had this curiosity and thirst for knowledge in me. Right from my childhood‚ I was interested in Automobiles. My years in school‚ apart from providing a strong foundation in Math and Basic Sciences‚ also enabled me to develop my overall personality. I have participated in various annual training camps of NCC (National cadet corps) arranged by our school. I was also appointed as monitor of the class. Being an avid student
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Nguyen Nguyen Portfolio – Case of Germany Degree Programme in International Business and Marketing Logistics 2013 TABLE OF CONTENT 1 Overview of German Economy German economy is currently the largest economy of Europe and the fourth of the world‚ accounts for about one-fifth of European Union GDP. Despite suffering from the economic crisis‚ German economy has improved noticeably in recent years. The rise of export is the key factor contributes to Germany’s
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(Competition in the Chinese Automobile Industry) Some early entrants (such as Volkswagen) succeeded‚ while some early entrants (such as Peugeot) failed. Similarly‚ some late entrants (such as Honda) did well and some late entrants (such as Ford) continue to struggle. From a resource-based standpoint‚ what role dose entry timing play in determining performance? After long and difficult negotiation that began in 1978‚ Volkswagen in 1984 entered a 50/50 JV with Shanghai Automotive Industrial Corporation
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Having taken look at the segmentation of the automobile market in the last post‚ we shall now take a look at the segmentation of the computer market; which is one of the fastest growing markets globally. · Geographic segmentation In the segmentation of computers‚ geographical segmentation yet again plays a very important role. This is because the demands of people would vary according to their regions. A very good example of this is the computer market in India. Few years ago‚ laptops
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Cash-strapped Peugeot Automobile Nigeria‚ has said that it will soon commence importation of used cars into the country in a move to shore up its revenue profile. The company’s Managing Director‚ Dr. Haroun Aliyu‚ said at a news conference held at the ongoing Kaduna International Trade Fair that since Nigeria has a large market for second hand vehicles‚ there was nothing wrong if PAN imported and certified such vehicles for the use of Nigerians. Justifying the company’s new direction‚ the PAN boss
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Persuasive Speech Outline A. Every year millions of people are involved in automobile accidents‚ some result in fatalities‚ in 2005 alone 16885 fatalities occurred due to drunk driving. B. Why drink and drive? C. The purpose of my speech is to inform you on the dangers of driving under the influence. D. I will explain the need‚ the satisfaction‚ and the visualization. A. Alcohol-impaired driving is a serious public health problem that kills about 11‚000 people and costs
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An example of automobile wrecks symbolizing this is when Daisy hit Myrtle with the car. Nick never mentions Daisy having any remorse for the act and Gatsby is more worried about Daisy being caught rather than the life that has been lost. The wreck symbolizes how‚ despite
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