u NAME OF STUDENT Nguyễn Vĩnh Trà REGISTRATION NO. 1013105035 UNIT TITLE Unit 7: Business Strategy ASSIGNMENT TITLE Strategy Formation and Planning ASSIGNMENT NO 1 of 2 NAME OF ASSESSOR Ha Son Tung SUBMISSION DEADLINE 16:00‚ 22 November 2010 I‚ __________________________ hereby confirm that this assignment is my own work and not copied or plagiarized from any source. I have referenced the sources from which information is obtained by me for this assignment.
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* Contemporary Development of Business and Management * BMW Germany / China BMW Company Profile What is your company? * BMW is an automobile and motorcycle manufacturer What does it do? * BMW (Bavarian Motor Works) is a German automobile‚ motorcycle and engine manufacturing company founded in 1917. * Headquarter is in Munich‚ Bavaria‚ Germany * Owns and produces Mini as well as Rolls-Royce Motor Cars * Is served worldwide How many staff? * Employees: 105.876 (2012)
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xCASE: MERCEDES GOES AFTER YOUNGER BUYERS Mercedes and BMW have been competing head-to-head for market share in the luxury-car market for more than three decades. Back in 1959‚ BMW (Bayerische Motoren Werke) almost went bankrupt and nearly sold out to Daimler-Benz‚ the maker of Mercedes-Benz cars.BMW was able to recover to the point that in 1992 it passed Mercedes in worldwide sales. Among the reasons for BMW’s success was its ability to sell models that were more luxurious than previous models
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What is the BMW Group strategy? Nowadays to meet the challenges in the society they formulated their Strategy Number ONE‚ which aligns the BMW Group with two targets: to be profitable and to enhance long-term value in times of change. And this applies to technological‚ structural as well as cultural aspects of the company. Since 2007‚ they have been implementing various initiatives in keeping with the strategy’s four pillars: Growth‚ Shaping the Future‚ Profitability and Access to Technologies and
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Executive Summary BMW’s marketing efforts have gone through trial and error to create and sustain the brand position and image that it has today. As a global seller of high end luxury cars‚ BMW is in a competitive industry where strategic marketing activities are a key aspect in setting a company apart in an industry. For this particular case‚ BMW’s Jim McDowell sits in front of a very important decision on what his next step will be in following their “The Hire” short film series marketing campaign
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a potential customer to capture their attention and appeal to their wants or needs‚ in the pursuit of selling a product. In 2014‚ British automaker Jaguar announced a new campaign to counter the heavy favorites in the luxury auto world‚ Audi‚ BMW‚ and Mercedes-Benz. One of their most recent TV commercials‚ marketing their XF sedan‚ demonstrates this very effectively. The commercial starts off with a bright white Jaguar XFR‚ their top of the line XF‚ driving through a dimmly lit parking
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cars- and the expensive European cars such as the Mercedes and the BMW. One such Japanese car is the Lexus‚ by Toyota. This car is aimed at customers who would like to buy a Mercedes or BMW but cannot afford either. With a sticker price of $35‚000‚ the Lexus is substantially less expensive than comparable European imports. In 1983‚ Toyota set out to develop the best car in the world-measured against the Mercedes and the BMW. The aim was to produce a quiet‚ comfortable‚ and safe car that could
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BMW is one of the most recognized premium car manufacturers in the world. Brand associated with quality‚ class‚ exceptional design‚ outstanding performance and innovation. BMW has a well-structured brand hierarchy where at the corporate brand level BMW pioneered the luxury sports car category by combining distinct style and performance consideration. BMW has a smart positioning with corporate brands and offers a large fleet of models that vary in price‚ quality and performance. Below is a brief brand-
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Auto German Automotive Industry Overview Makers – BMW‚ Audi‚ VW Markets – EU and non-EU – overview Stats The largest shareholder of Audi AG is Volkswagen AG‚ which holds over 99 percent of the share capital. Volkswagen AG includes the consolidated accounts of Audi AG in its own consolidated financial statements. In recent years‚ the possibility of Audi being spun off or otherwise divested by Volkswagen has been mooted Daimler AG ‚ geramn car corp Daimler AG is a German manufacturer of automobiles
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Year Product Offering Introduction BMW‚ the Ultimate Driving Machine‚ is developed from an independent company. This company was able to focus on turning great ideas into great cars. The company exhibits one of the most recognizable logos in the world‚ the blue and white BMW insignia which is known as the Roundel. This emblem depicts motion as it portrays the movement of an airplane propeller against a clear blue Bavarian sky. One of the most visible BMW design elements is the twin-kidney grill
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