Introduction After a one-year long and difficult negotiation‚ on March28 2010‚ the China Geely Group went where no Chinese auto firm has gone before‚ buying a luxury car brand‚ Volvo‚ for $1.8billion from Ford‚ including the 100% shareholder and the relevant assets. It was China’s largest overseas automotive industry acquisition‚ which was also the first wholly-owned merger. Besides‚ it was the first time for a Chinese own brand to merge a luxury brand. This deal proved to be a most ambitious action
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GEELY’s ACQUISITION of VOLVO 1. Introduction to the Case This Case is about * The Automotive Industry of China * The acquisition of “Volvo” by “Geely” (a Chinese firm) * Geely is an automotive company in China‚ which was engaged in producing non-luxury cars for its local market in the country since 1998. * Li Shufu was the founder of the company‚ who was basically a poet and has a philosophical attitude towards life. * The time of the case is year 2010. 2. Situational
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location‚ demographics and psychographics. Geographic Segmentation organizes customers into groups on the basis of where they live. This creates a market based on where they can be grouped by country‚ city or town etc. For example you’ll see more Volvos in Europe than in America because it’s not an American company. It’s Scandinavian. Demographic Segmentation refers to characteristics such as age‚ gender‚ income and education. Each city and town has its own age group‚ average income and the characteristics
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The Times 100: Business case studies Recruitment and selection at Enterprise Rent-A-Car Teacher: Timmy Norris Author: Johnny Gat Date of submission: 4th of May Introduction Enterprise Rent-A-Car is a car rental company established in St. Louis‚ Missouri in 1957 by Jack C. Taylor. Its original name‚ “Executive Leasing Company”‚ was renamed to “Enterprise” in honor of the U.S.S. Enterprise aircraft carrier‚ which Taylor served on during World War II. In 2009‚ Enterprise
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Enterprise Rent-A-Car‚ referred to as Enterprise‚ is a rental car company established in 1957. They provide car rental services as well as oversees commercial fleet management‚ used car sales‚ and commercial truck rental operations. There will be emphases on the history of the company‚ the mission and values‚ corporate responsibility‚ and the particular position of Sales Management Trainee. Enterprise was established by Jack Taylor‚ who renamed the company to Enterprise from Executive Leasing Company
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Case analysis of Volvo – Renault alliance INTRODUCTION The article described the life cycle of the alliance between car manufacturers Volvo and Renault. That was one of the largest and most prominent alliances in Europe at that time. The marriage of the two corporations was promising as it held economic promises that were applauded by the industry experts. Three years after the alliance had been founded‚ the allies split apart under not very friendly circumstances. Although the motive was good
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Electric Cars” The Australian government needs to “lead the charge” on the electric car revolution‚ according to Megan Flannery. She writes this in response to a feature in a national newspaper. Flannery writes her article with a mostly matter-of-fact tone‚ which is also formal. She uses facts and evidence to support her argument; she also includes persuasive‚ emotive and inclusive language to influence the reader’s belief on this issue. Her article is targeted at people planning to buy a new car and
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Introduction The case study is about Enterprise Rent a Car‚ which initiated its business in the year 1957 at USA. The company slowly expanded its business and now they have more than 65000 workforce presented. The company is highly depending upon their workforce and to retain them longer‚ they use to give them training and development with passage of time. Hence‚ the company also do workforce planning for fulfilling future needs of the workforce. The term workforce planning Workforce planning is
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Task: Write a memo to Renault’s board outlining your assessment of Schweitzer’s actions and his suitability in this important international position. Do you feel he should have behaved differently? Be sure to recommend a way forward. Main Issue: As other automotive manufacturers‚ Renault was facing an overproduction problem‚ combined with a breakdown of national markets. After their plan of early retirement of some of their employees was rejected by the French government‚ Renault’s chairman‚
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time‚ effort‚ costs‚ and parts involved in building a 1969 Chevy Camaro project car g-machine/resto-mod. While there are plenty of other‚ more sophisticated builds than this one‚ I think this project should serve as a decent example of what a novice can do in his own garage. The primary goal for this project was to create a unique and special ride that I can drive the hell out of (safely) and enjoy frequently. A car that is different than what everybody else has on the road and something that might
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