Automotive industry Essay Examples

automotive industry. __Key Words: Business Model Canvas, Strategy, Competitive advantage Introduction Business Model Canvas (BMC) is an essential tool used in strategic management in developing and documenting business models. It provides a graphical presentation of various events and variables for value proposition, customers, infrastructure and financial resources of an organization. The MBC was invented by Alexander Osterwalder and his colleague Yves Pigneur who is a specialist in management information system. The model involves nine key events which they refer to them as the building blocks of any organizations where new or existing one. According to Deming, Miller & Dess...

automotive industry due to the advantages it presents. The advantages have made the vehicle to capture a significant market share of the other types of vehicles, including the ICE and hybrid vehicles. One of the advantages it presents is that it can cover over 1500 miles without any replacements or repairs (Lu et al., 2013). The product line consists of different types of cars like the Tesla Roadster that has exceptional properties such as superior performance, zero emissions, high-quality and attractive design and structure, and industry-best extended scale. Others have reduced car weight and lower center of gravity that improves the car balance when in motion. The EVs comprise advanced technologies...