paper 3 Flashcards
autimation (capital focused production) pros and cons
↑redundences
↓job securety
↓motivation
- very capital intensive
pros
↑productivity
↓EoS
↓waste
↑quality
what supply chain issue has there been in car market
chip shortage
the pound has dipreciated or appriciated inrecent years
depritiated making imports more expensive
(uk car manufacutures are import heivy 60%)
when is the uk banning sales of new petral and diesal cars
2030
what are the main 3 makets around cars
- manufcture
- dealers
- services
how is the dealer market changing
this…
new companies like webuyanycar.com or CINCH are utilising the internet to sell online.
- ↓fixed costs
↓prices
↑comp abv - ↑convinience
↑demand
price for ev are _____
because of
aslo ev may be lass expensive because of londons…
tho evs are still _____
falling
EoS and advances in battary technology
ULEZ zone
expensive
the govoment gives ______ for ev buyser
grants
rise of online price comparison websites means…
↑customer abylity to compear prices
↑focus on prices
↑PED for firms
main uk car manufactures
- jaguare (land rover)
- astin marten
- mini
- rollce royce
- mclaren
main uk car service buissness
- kwik fit
- Rac
- aouto galss
rank in competetivenss
car servicing
car manufacturing
car derlers
very comp -car servicing
comp - manufacture
lest comp - car derlers (altho entrence of inline dealers are making it comp e.g CINCH and webuyanycar.com)
there is a _____ shortage in car manufacturing
this mean…
skill
↓productivity
↑wage prices
↓CE for other activity e.g promotion
↓sales
uk GDP is growth is _____ at _____
therefor
slow at 0.1%
as cars have ↑YED
↓demand for cars
plug in evs have a ___% growth anualy
91%
new car prices have been _______
increaseing
increasing nomber of cars have built in ____________ for soft wear updates
microtransactions
most popular colures are
what colures are increaseing in popularity
grey (25) black (20) white (17)
neich colure e.g green
evs have ____ range
hybrids have ______ range
short
longer
car manufacturing has a _____ barrers to entry thereofre lickley new competetors will come from ____ companies e.g ____
high, tech, google
buyers have ______ power over dealers and services as a result of _____ __________ and _______
high, high competition and subsatutes
in cars servicing and dealer ships _________ _____ is very importent
thereofre staff need to be high;y __________
customer service
motivated (e.g cumission in dealerships)
toyota focuses on _______ __________
they also focus on ______
lean production
Kaizen
supply chain issues such as with ____________ have lead to a very high _______ _____.
this has cotrbuted to a increase in ______ car sales
microchips, lead time
used
