In: Operations Management
considering Market growth, Market quality and Environmental aspects as three most important factors. For a good business prospect,explain these factors using mercedes benz as a case study
please can i get a new dimension to it
Market growth is the increase or decrease in the size of a market for a product or service over time. It is typically measured as the percentage change in total sales in an industry or product category. For MERCEDES BENZ Last month, Mercedes-Benz surpassed its previous bestselling October with deliveries of 199,293 cars (+4.9%).From January to October, a total of 1,924,536 vehicles were sold and worldwide deliveries increased by 1.0% compared with the same period of last year.In China, the biggest market for Mercedes-Benz, record unit sales were achieved in both October and the first ten months of the year.
Market quality might be “the prospects for a market participant to successfully match his/her order at a competitive price on a given trading venue”. Today's equities markets are increasingly fragmented, and the competition for liquidity among trading venues is fierce. For Mercedes benz Mercedes-Benz makes perhaps the most advanced, luxurious, and performance-oriented automobiles on the planet, and that status is not a fluke. They've been pumping out innovative and technologically groundbreaking vehicles since Karl Benz introduced what's considered the first petrol-powered car in 1886.
An environmental aspect is an element of an organisation's activities, products, and services that can interact with the environment. These can include discharges to water, emissions to air, waste and use of natural resources and materials. For mercedes benz Environment cause is an important part of the corporate social responsibility plan for Daimler and Mercedes-Benz. As a car manufacturer, that isn’t by definition the best protector of the environment, Mercedes-Benz engages in minimizing its environmental impact. Moreover, the company engages in actions for environment preservation and respect. Indeed, Mercedes-Benz uses innovation to serve a conception of the products life cycles and their production more respectful of the environment : electric cars, green combustible, waste reduction, sustainability, etc.