Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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The automobile industry is increasingly competitive what should an industry do to ensure that it provide superior value to customer in future.
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- Choose one service uninsured and describe it. Do you think this service should be insured by OHIP?arrow_forwardHow many competitors currently supply engines for the automotive manufacturing industry? What is each competitor’s position? How much of the market share has each one captured? Describe the rivalry among the automotive manufacturing industry.arrow_forwardManufacturers today face increasingly complex challenges, from economic instability to compliance pressures and heightened global competition. Most recently, they have come under scrutiny with regard to their ethical and sustainability practices, with consumers paying closer attention to how organizations source, manufacture and distribute goods. According to a recent Accenture survey, more than half of consumers would pay more for products designed to be reused or recycled, bringing sustainable practices to the forefront. In response to this shift, organizations have taken a number of steps to change the way they operate, such as embracing greener, more sustainable ways of working, and even expanding their focus on deploying corporate social responsibility initiatives. They’re shining the spotlight specifically on ethical sourcing. As in many industry sectors, technology has a major role to play in developing more ethical and responsible sourcing of parts or raw materials. It enables…arrow_forward
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