A case study on the changes occurring within the automobile industry.
Case Study # 148973 |
1,471 words (
approx. 5.9 pages ) |
10 sources |
APA | 2011
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$ 29.95
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Abstract
This paper provides a case study in the changing face of the United States automobile industry. Beginning with an industry overview of recent macro changes in the economy, it continues with a section on the impact of the automobile industry as of late. The writer then uses the rest of the paper to look at the various macro changes in the economy, such as unemployment and inflation, to account for the changes and bailout of the United States automobile industry.
Outline:
Industry overview
Economic indicators and their impact on the automobile industry
Gross domestic product
Unemployment rate
Inflation rate
Personal income
Interest rate
Producer price index
From the Paper
"A more in depth look at the industry will reveal that customer demands for vehicles are in direct relationship with employment and interest rates. The ultimate success of a manufacturer depends on its abilities to operate efficiently, to develop and implement adequate marketing strategies and to ensure high levels of product and service quality. The large size entities produce various products and sell them under different brand and the small size manufacturers often produce a single product line. Finally, the large size companies enjoy the benefits of scale economies, mostly materialized in increased access to resources, reduced costs and a wide customer palette. The small size producers are focused on specific and specialized markets. The industry has been subjected to intense processes of automatization, meaning that the demand for unskilled labor force decreased and the demand for skilled workers increased. This led to a situation in which the mean revenue per employee in the industry is of $1.4 million per annum. The estimated growth rate of the industry for 2009 is of a negative 13 percent, with hopes of a positive 4 percent increase in 2010 (Hoovers, 2009)."
Tags:economics, automobile industry, general motors
A discussion regarding the nature of the Canadian automobile industry.
Research Paper # 90815 |
3,150 words (
approx. 12.6 pages ) |
2 sources |
2006
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$ 54.95
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Abstract
This study of the Canadian automobile industry reveals how this industry reflects, in many ways, the complex contradictions of economic development of Canada. While the automobile industry is one of Canada's major industries in terms of revenues and employees, it is not only geographically concentrated in Ontario (and, to a lesser extent, Quebec), but it is also almost entirely dependent upon and external market: the United States. The paper goes on to discuss how much like the Canadian economy as a whole, the Canadian automobile industry developed in a state of dynamic tension with the economic and political forces shaping the economic giant to the south. "
Tags:canada, automobile, industry
An argument that the automobile industry is hugely important to the province of Ontario.
Persuasive Essay # 137020 |
750 words (
approx. 3 pages ) |
2 sources |
MLA |
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$ 16.95
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Abstract
The paper argues that the automobile industry is one of the things that sets Ontario apart from other jurisdictions in Canada. Specifically, the paper points out such things as how the automotive sector comprises a huge part of the provincial GDP, is the economic life-blood (or at least one of the major sources of economic prosperity for many Ontario communities), is a major employer of skilled workers, and is both an investment magnet and a chief source of exports for the province. Finally, the paper relates that Ontario now stands alone as the number one automobile-manufacturing jurisdiction in all of North America. The paper clearly shows how the province owes so much of its vitality and its prosperity to the automotive sector.
From the Paper
"The following paper will argue that the automobile industry is hugely important to the province of Ontario and, in fact, is one of the things that sets Ontario apart (at least from a manufacturing stand-point) from other jurisdictions in Canada. Specifically, the paper will point out such things as how the automotive sector comprises a huge part of the provincial GDP, is the economic life-blood (or at least one of the major sources of economic prosperity for many Ontario communities), is a major employer of skilled workers, and is both an investment magnet and a chief source of exports for the province. Finally, Ontario now stands alone as..."
Tags:automobile, industry, ontario
An analysis of the history of and changes within the automobile industry.
Essay # 87236 |
1,125 words (
approx. 4.5 pages ) |
3 sources |
2005
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$ 23.95
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Abstract
This paper adds to an existing paper on changes in management for the automobile industry. It notes the beginnings of the industry with the creation of the assembly line by Henry Ford and some of the management theories that have had an impact since. It discusses concepts from the scientific management of Frederick W. Taylor to the latest ideas on management and how they have been applied to the production of automobiles.
From the Paper
"Change in the Automotive Industry resulting from Increasing Organizational Understanding There are many industries that have undergone major change. One of these is the automotive industry, the change started to occur when Ford took on the ideas of Frederick Winslow Taylor and developed a production line that was able to produce cars at a much faster and cost effective manner than the previous system where cars were worked ion by the same people from start to finish. His production line was based on scientific management theories, also known as Taylorism. Frederick Taylor was a perfectionist who hated waste of any sort. Taylor argued that even though tasks had been broken down into component parts workers still retained discretion on how to perform tasks. This discretion he argued gave the workers power and that workers with this discretion would under work and using the control that they gained to their own advantage (Huczyniski et al, 1996)."
Tags:changes, automobile, industry
An evaluation of the benefits from economies of scale in the global automobile industry.
Research Paper # 75031 |
970 words (
approx. 3.9 pages ) |
7 sources |
MLA | 2006
|
$ 20.95
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Abstract
This paper discusses and evaluates the benefits of economies of scale (companies with huge production and supply capacity) in the global automobile industry. According to Alfred Marshall, there are two factors influencing the economies of scale, the internal and the external. This paper examines these two different factors.
From the Paper
"It's clear that a company that provides economies of scale reduce the average cost per unit through increased production because of fixed costs, which are splitted up between increased number of goods. But it does not mean that all costs are decreasing likethe average. When average costs are falling the marginal cost must be below the average cost curve; when average costs are rising, the marginal cost must be above the average cost curve.
It's nessery to admit that the achieving of economies of scale in production can represent a deviation away from the assumption of perfectly competitive markets. In perfect competitive markets, it is assumed that production takes place with constant returns to scale. This means that the unit-cost of production remains constant even the scale of production increases. If that assumption is changed, it can open up the possibility of increasing profits and smart relations among entities."
Tags:automobile, economies, global, industry, scale
This paper discusses the automobile industry using two approaches.
Research Paper # 71940 |
3,375 words (
approx. 13.5 pages ) |
14 sources |
APA | 2005
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$ 57.95
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Abstract
This paper provides a Porter's Five Forces analysis of the automobile industry. The author reviews as well as McKinsey 7s analysis of Ford and DaimlerChrysler. The paper includes charts.
From the Paper
"The automobile industry is a global industry dominated by large companies that participate in more than just manufacturing automobiles. It is difficult to comprehend the role that the automotive industry plays in the American economy or indeed in the global economy as a whole. It is a driver of jobs both directly and indirectly and provides considerable economic stimulus to many different countries. Today's automobiles are highly complex and use components from suppliers throughout the world."
Tags:auto industry, Porter's Five Forces, McKinsey 7s, Ford, DaimlerChrysler
A comparative analysis of the American automobile industry and the foreign market.
Analytical Essay # 61831 |
2,019 words (
approx. 8.1 pages ) |
10 sources |
MLA | 2004
|
$ 38.95
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Abstract
This paper contends that the foreign market has surpassed quality over the U.S. automobile industry. The paper discusses the foreign automobile market, highlighting relevant statistics of the leaders in the field. A company profile of General Motors is presented in an effort to illustrate the present status of the American automobile industry.
Outline
Introduction
The Japanese Production Development and Supplier System
The Lean Production System
Specific American Company within the Automobile Industry
General Motors
New Initiatives
From the Paper
"The automobile industry is one of the biggest manufacturing industries of the 20th century and puts a severe impact on the economy of the nation. In Japan, a largest auto manufacturer of the world, the expression 10% industry is frequently used which indicates that the auto industry is involved in 10% of the total employment. As automobiles comprises of a broad range of materials and components, the automobile manufacturer is not capable of managing every manufacturing processes on its own. As it is seen that the impact of this industry is far reaching, and due to its extensive effect, the industry has been positioned as a strategic industry in a lot of nations. (Characteristics of the Auto Industry at the end of 21st century)"
Tags:general, motors, ford, nissan, toyota
Examines how the United States' automobile industry fared in the unsteady economic climate of 2000.
Essay # 27300 |
2,301 words (
approx. 9.2 pages ) |
11 sources |
MLA | 2002
|
$ 42.95
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Abstract
It has long been understood between analysts that among the major industries in the United States, none acts so nearly as a barometer for the economy in general as does the automobile industry. The paper shows that the year 2000 was no exception to this rule. Auto sales followed the bullish U.S. stock market to unprecedented heights, only to cool off as interest rates hiked up, the Dow Jones and the NASDAQ grew more volatile and gas prices skyrocketed. On September 27, Daimler-Chrysler reported that Chrysler would have a third quarter loss, the first loss since the 1991 recession in the United States.
The paper shows that the consumers, not as confident in the wake of these relatively new trends, reacted according to custom: by keeping their money in their pocketbooks and off of the car lot, creating the first slowdown in US auto sales in nearly two years. It shows however, that a slowdown in car sales does not indicate a fallout; to many, the slowdown in auto sales simply marks a shift from blistering sales to robust sales - hardly a shift worth fretting over. Ultimately, the automobile industry did well in 2000.
From the Paper
"By January of 2000, it was time to assess the year past and future. Automakers in 1999 had sold a record 16.9 million cars and light trucks, outpacing by a wide margin the previous 1986 record of 16 million. Bob Rewey, Ford Motor's vice president for global consumer services, summed up the auto industries party-line, stating that "A strong economy, confident consumers and innovative products were the major factors driving "sales and earnings in 1999"(Eldridge, 2000, p. 2B). The upcoming year, however, did not produce much optimism. Auto sales had slipped before the turn of the millennium, rousing some conservative hopes for 2000. Automakers, noting the meteoric success of 1999, felt that the economy might not hold up indefinitely, and seemed to believe that a correction was on the horizon; "while automakers hope for a strong year," wrote Earle Eldridge in USA Today, "they don't expect 2000 to be better than 1999"(Eldridge, 2000, p. 2B)."
Tags:Financial, Times, Toyota
A look at the features of supply and demand in the automobile industry.
Term Paper # 137208 |
1,250 words (
approx. 5 pages ) |
0 sources |
MLA |
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$ 25.95
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Abstract
The paper discusses how successful businesses rely on consumer demand to regulate the supply of goods and services. The paper looks at how the automobile industry has gone through an unusual transition over the past few years with environmentally concerned consumers considering hybrid vehicles, while other consumers are opting to purchase smaller cars due to increasing oil prices. The paper describes how some consumers desire certain features, while others remain loyal to certain brands. The paper asserts that whether the public desires "gas guzzlers," hybrids, compact vehicles, and or "high tech" automobile gadgets, consumption of automobiles is important to keep the economy strong and healthy.
From the Paper
"Successful businesses rely on consumer demand to regulate the supply of goods and services. The automobile industry has gone through an unusual transition over the past few years with environmentally concerned..."
Tags:economics, supply, demand
Examines NAFTA's influence on the American automobile industry, especially in the international economic arena.
Research Paper # 31698 |
4,775 words (
approx. 19.1 pages ) |
19 sources |
2002
|
$ 73.95
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Abstract
In order to arrive at a better understanding of the implications that changes to economic systems can have, this paper will attempt to examine the impact of NAFTA on the American automobile manufacturing sector. More specifically, an effort will be made to assess whether or not NAFTA can help or has helped the American automobile industry to be more competitive in the global business environment.