2013 LIT MOTORS Talk about new start-ups‚ it is amazing to see what Daniel Kim has achieved so far with a budget well south of $1 million. Since 2010‚ Kim’s team has logged countless hours developing the C-1 and the Cargo Scooter. In the process‚ they had secured a slew of patents and designed a compact manufacturing operation. Question 1: Analyse Lit Motors’ strategy in December 2012 Lit Motors has a clear strategy in terms of what kind of products they are offering and who are the targeted
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more than 30 years. • The first ultrasonic motor was introduce by v.v lavrinko in 1965. • An Ultrasonic motor is a type of electric motor formed from the ultrasonic vibration of a component‚ the stator being placed against another‚ the rotor depending on the scheme of operation. • Conversion of electric energy into motion by inverse piezoelectric effect. • To obtain the levels of torque speed characteristics of USM using conventional motors we require to add a gear system to reduce
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Tata Motors Industry Analysis: Tata Motors is currently situated in India with only 6% of the revenue coming from exports. India’s automobile market has grown steadily over the last seven to eight years‚ with the exception of the previous two years where the effects of the global downturn were felt‚ primarily in sales of passenger vehicles. Indian automobile market (passenger vehicle) share is currently little more than 4% of the total available market. In the year 2011-12‚ total 2.53 million
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“Motor Vehicle Insurance” MOTOR VEHICLE (also known as auto insurance‚ GAP insurance‚ car insurance‚ or motor insurance) * is insurance purchased for cars‚ trucks‚ motorcycles‚ and other road vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom. The specific terms of vehicle insurance vary with legal regulations in each region. To a lesser degree
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Tata Motors Profile Established in 1945‚ Tata Motors is India’s largest automobile company‚ with revenues of Rs 24‚000 crore (USD 5.5 billion) in 2005-06. The company began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. It is the leader by far in commercial vehicles in each segment‚ and the second-largest in the passenger vehicles market with winning products in the compact‚ midsize and utility vehicle segments. The company is the
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regulations that control motor vehicle safety. There are laws that are created at every level of government in the United States starting with the federal government all the way down to municipal or city regulations. A licensed driver must be aware of and abide by all of these different laws in order to ensure the safety of not just other drivers on the road but also bike riders and pedestrians that are walking along side of the roads. The federal government has enacted several motor vehicle laws and
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Strengths • Lidl is a well known name for providing quality products at lower prices. People from all the sections of society use the products of Lidl • Lidl has very high operational efficiencies and lower operating costs. This has helped them to achieve higher profitability in spite of having low selling cost. • Lidl has achieved continuously increased turnovers by employing minimal staff‚ smaller stores and lesser shelf area. • Economies of scale thorough uniformity of product assortment across
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The Muthoot Gold loan portfolio is the largest in India as well as all around the globe. It is humbling to know that more than 80‚000 people avail our trusted services on a daily basis. For the past 126 years‚ the company has been serving the interests of customers as its top most priority. Our journey through centuries coupled with the fact that we are still a rapidly growing company highlights the trust and commitment that our customers worldwide have shown in us. With Muthoot Finance Ltd
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S.W.O.T ANALYSIS BY JIGNA HUDSON Strengths that this company has it are that it is built its reputation on producing quality vehicles at an affordable price. The company currently employs 20‚000 staff members worldwide. The company implemented a staff development program that will help create advancement opportunities for employees‚ as well as improve job skills. Over the years‚ they have been able to geographically target their market and measure their demand. The weaknesses are that more attention
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General Motors and Outsourcing From 1996 to 2006‚ the information technology budget and agenda dollars were cut by over one million dollars (Bartholomew‚ 2007). Because of this major cut back‚ General Motors was forced to outsource many technology responsibilities companies in other countries. For the majority of the transition period‚ General Motors used EDS as a single outsource vendor. While this business relationship proved to be effective for General Motors and was able to stay within the
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