Essays on Hyundai

Response Hyundai Cut Cost

All organizations should look for ways of cutting costs when they experience a decrease in profit. However, in implementing cost-cutting measures, it is important to start by establishing budget variances. This helps to identify the costs that have adverse variances. After identification, the management should look at the reasons behind the variances and establish how to rectify the variances. At this stage, the management comes up with methods of reducing the variances. These are the cost cutting measures that the organization should adopt. Another measure of cutting cost is adopting zero-based budgeting approach. In this approach, every expenditure item ...

The case study reveals that there are a number of challenges faced by Tesla. These challenges rose up when the environmentalist came up with laws and regulations so as to limit the fuel emission from cars. Then technology chipped in which called out for making car models which are based on the latest form of innovative technologies in terms of fuel consumption. Many international car manufacturers have also joined the automobile industry including the companies from Korea, Japan, and China. Due to the increase in care manufacturing companies, the competition has also soared for Tesla. There were some questions ...

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RE: A Recommendation for the Car Model of the Delivery Fleet

Introduction I wrote this report to provide a recommendation in choosing a car model for the fleet of 35 that we plan to purchase. We need a car that would support our business model of online ordering meals from hundreds of restaurants in Toronto. The choice of the car would be based on criteria that would reflect economy, reliability and other factors. The discussion would present the criteria for choosing the car models and their makers. The three options would then be described and explained on how each would meet the criteria; a recommendation would then ...

Introduction

The NFL is an interesting game for both the fans and the players. The game attracts many people across America due to its competitiveness. The NFL thus acts as one of the factors that contribute to tourism in the United States since people move from different continents to feel the experience. A visit to the Moscone Center presents a person with an attention getter through the photos of NFL players displayed showing through the history of the game. An NFL fan would automatically captured attention through the photo set up at the top of the NFL site visited. I ...

Alliances commonly known as collaborations are mutual agreements between business entities to share resources and knowledge to expand their operations across borders. Following Globalization and liberalization of economic policies of many countries, accessibility of internal markets have become easier and all business conglomerates have taken the opportunity to gain entry into global markets and increase their business activities. The strategies formulated for entry into foreign markets varies from takeovers, collaborations, acquisition and mergers or setting up plants or retail outlets in other countries. Joint Ventures are preferred over independent establishments as expansion strategies as domestic partners are more familiar ...