Knowledge Management in Supply Chain Management Essay

Knowledge Management in Supply Chain Management - Essay Example The research provided efficient solutions to the problems and including the integrating system and providing effective IT solutions in the supply chain management. It also provided some recommendations to the major problems of KM in the company. The implementation plan revealed the type of knowledge and resource required in the KM project. The conclusion provided a summary in brief the main discussion on the topic under study. Knowledge Management in Supply Chain Management in Dell Company Introduction Knowledge management has become an emerging key issue in many organizations. Dell Company, which is an American conglomerate computer technology, is among the industries that incorporate knowledge management in the supply chain management process. The corporation has more than 103,300 workers worldwide, and it is among the leading technology industries. The company engages in design, development, manufacturing and marketing or distributing of diverse computer services globally. The emp loy corporate responsibility and business model of culture, compliance and credibility in order to achieve effective performance. Increased technology advancement has forced many organizations to employ effective methods; thus, use of knowledge management in many organizations has become the significant aspect. Knowledge management (KM) is a strategic tool or framework employed  to design, represent and distribute as well as enable adoption of experiences in business process. KM in supply management has become the leading area of concern and managerial challenges. For instance, the supply chain management has become one of the key areas that utilize knowledge management in order to achieve a competitive advantage. KM is increasing as a significant business asset in the supply chain management. However, Dell Company face varied challenges of incorporating knowledge management in the supply chain management process. Dell’s operates its business across the product line includi ng desktop computers, network services, computer notebooks and storage products. The company owner, Michael Dell established the business based on the sidestepping dealer concept. The company started selling  personal computer products straight to clients; thus evading the issue of delay and outlays of supply chain issues. Better financial performance contributed to its successful implementation of using direct sales model. However, despite the recent industrial growth, the company faces varied challenges. The foremost problem is increased technology changes; thus holding inventories an immense liability. Therefore, the organization employs knowledge management in supply management in order to design, manufacture, market and delivers computer products effectively across the globe. The company manages KM through aligning the organizational strategies and employs logistics as well as provides IT solutions effective for managing knowledge. Problem Identification and Analysis Increase d technology changes have become the main concerning the issue in the company’s supply chain management. Technology changes are significant because it enables the company to design or employ new business strategies that can enable them improve business performance (Dwivedi and Butcher (2009, p.123). Dell Company  is among

Edgar Allan Poe and His Works Essay -- Stories of Edgar Allan Poe

Thesis: Edgar Allan Poe was one of the most influential, yet misunderstood writers in American Literature. I. His Early Life A. His Adoption B. His Education II. His Later Life A. Books Published B. Military Life III. The Conclusion of His Life A. His Marriage B. His Death IV. His Works V. What Others Thought Of Him Edgar Allan Poe was an American writer, known as a poet and critic but most famous as the first master of the short story form, especially tales of the mysterious and macabre. Since his early death, the literary qualities of Poe's writings have been disputed, but his works have remained popular and he influenced many major American and European writers. Born in Boston, Massachusetts, Poe was orphaned in his early childhood and was raised by John Allan, a successful businessman of Richmond, Virginia. Taken by the Allan family to England at the age of six, Poe was enrolled in a private school. Upon returning to the United States in 1820, he continued to study in private schools. He attended the University of Virginia for a year, but in 1827 his foster father, displeased by the young man's drinking and gambling, refused to pay his debts and forced Poe to work as a bookkeeper. (Anderson, 9-22). Poe quit this job, which infuriated John Allan. Poe then left and moved to Boston. There he published his first book, Tamerlane and Other Poems. After this, Poe enlisted in the U.S. Army and served a two-year term. Poe published his second book of poems, Al Araaf in 1829. Poe then reunited with Allan, who obtained him an appointment to the U.S. Military Academy. After only a few months at the academy, Poe was dismissed for neglect of duty, and John Allan disowned him permanently (Anderson, 23-34). P... ...nius." (Regan, 1) While some loved him, others despised him; almost all recognized the value of his works. WORKS CITED Anderson, Madelyn Klein. Edgar Allan Poe: A Mystery. New York: Justin Books, Ltd., 1993 Buranelli, Vincent. Edgar Allan Poe. New York: Twayne Publishers, Inc., 1961 The Collected Poems and Tales of Edgar Allan Poe. New York: The Modern Library, 1992. Complete Stories and Poems of Edgar Allan Poe. Garden City: Doubleday & Company, Inc, 1966. Fisher, Benjamin F. The Cambridge Introduction to Edgar Allan Poe. Cambridge: Cambridge University Press, 2008. Print. Kesterson, David B., ed. Critics on Poe. Coral Gables: University of Miami Press, 1973. Regan, Robert, ed. Poe. A Collection of Critical Essays. Englewood Cliffs: Prentice-Hall, Inc, 1967. Stoudt, Ashley, ed. "An Edgar Allan Poe Reader". State Street Press, 2000.

Five forces Analysis of Two-wheeler industry Essay

As shown above, the business model is formulated as input ïÆ'   process ïÆ'   output. For a two wheeler industry, The inputs to the OEM constitutes of 1. Import of parts: the basic ingredients for model building are the parts such as drive chains, engines, components, transmissions etc. 2. Auto Component Manufacturer: There are 300+ players in the industry which manufacture auto parts components and perform tasks such as castings, forgings, tires etc 3. Raw material Supplier: This forms the initial requirement for the development of any vehicle. The raw material of which it is composed of consists of sheet metal, aluminium etc. The processing involves: 1. Manufacturer Original Equipment Manufacturer(OEM): The industry is highly concentrated with 3 players constituting 80% of the market share, namely Hero Moto, Bajaj Auto & Honda Motors. This industry has a turnover of 55K Cr by producing over 13.33mn units in the FY 2011. 2. Dealership Network Dealer: In the Indian domestic market, the dealer are numbered over 2000 Sub- Dealer: The sub dealers, also known as the touch points are over 12000. This dealership network forms the competitive advantage of a company in the market Service Centers: These provide after sales service for the two wheeler industry and form the part of maintenance and helps in building customer loyalty. The output part of the business model comprises of 1. Domestic Customers: There is a low penetration in the domestic market with coverage in rural market as low as 7%. 2. International Customers: The major markets for two wheelers are Africa, Latin America & South East Asia INDUSTRY ANALYSIS The industry is highly concentrated and there is a strong foothold by 3 major players in the industry namely Hero Moto constituting 39% of the market share, Bajaj Auto constituting 27% of the market share and finally Honda Motors with 14% market share. So, these 3 major players sum to 80% of the total industry market share. The Indian Auto sector had a volume growth of 13% CAGR over the last 5 years- Driven by two wheelers which account for 80% of the total volumes Two wheeler sales reached INR 55K Cr and volumes reached 13.3 mn units clocking a CAGR of 15% and 13% respectively over 2006-2011. This works to an average realization – Rs 42000 or 1.2x the real per capita GDP of India. Domestic volume growth has been strong over the past five years growing at 11% CAGR Exports have been a significant factor to contribute to overall volumes with a growth of 27% CAGR over the last 5 years. Year to date, the volume sales growth in two wheelers has surpassed all other automobile segments. FIVE FORCES ANALYSIS What is it? Five Forces Analysis is a tool that enables managers to study the key factors in an industry envi ­ronment that shape that nature of competition: (1) rivalry among current competitors, (2) threat of new entrants, (3) substitutes and complements, (4) power of suppliers, and (5) power of buyers. When do we use it? In a strategic analysis, Five Forces Analysis is an excellent method to help you analyze how competi ­tive forces shape an industry in order to adapt or influence the nature of competition. Collectively, the Five Forces determine the attractiveness of an industry, its profit potential, and the ease and attractiveness of mobility from one strategic position to another. Because  of this, the analysis is useful when firms are making decisions about entry or exit from an industry as well as to identify major threats and opportunities in an industry. Why do we use it? This analysis was originally developed by Michael Porter, a Harvard professor and a noted author ­ity on strategy. While all firms operate in a broad socioeconomic environment that includes legal, social, environmental, and economic factors, firms also operate in a more immediate competitive environment. The structure of this competitive environment determines both the overall attractive ­ness of an industry and helps identify opportunities to favorably position a firm within an industry. Porter identified five primary forces that determine the competitive environment: (1) rivalry among current competitors, (2) threat of new entrants, (3) substitutes and complements, (4) power of sup ­pliers, and (5) power of buyers. 1. Rivalry Among the direct and obvious forces in the industry, existing competitors must first deal with one another. When organizations compete for the same customers and try to win market share at the others’ expense, all must react to and anticipate their competi ­tors’ actions. 2. Threat of Entrants New entrants into an industry compete with established companies placing downward pressure on prices and ultimately profits. In the last century, Japanese automobile manufacturers Toyota, Honda, and Nissan represented formidable new entrants to the U.S. market, threatening the market position of established U.S. players GM, Ford, and Chrysler. The existence of substantial barriers to entry helps protect the profit potential of existing firms and makes an industry more attractive. 3. Substitutes and Complements Besides firms that directly compete, other firms can affect industry dynamics by providing substitute products or services that are functionally similar (i.e., accomplishing the same goal) but technically different. The existence of substitutes threatens demand in the industry and puts downward pressure on prices and margins. While substitutes are a potential threat, a complement is a potential opportunity because customers buy more of a given  product if they also demand more of the complementary product. For example, iTunes was established as an important complement to Apple’s iPod, and now the firm has leveraged connections among its suite of products including iPhone, iPad, and the like. 4. Power of Suppliers Suppliers provide resources in the form of people, raw materials, com ­ponents, information, and financing. Suppliers are important because they can dictate the nature of exchange and the potential value created farther up the chain toward buyers. Suppliers with greater power can negotiate better prices squeezing the margins of down ­stream buyers. 5. Power of Buyers Buyers in an industry may include end consumers, but frequently the term refers to distributors, retailers, and other intermediaries. Like suppliers, buyers may have important bargaining powers that dictate the means of exchange in a transaction. According to Porter, successful managers do more than simply react to this environment; they act in ways that actually shape or â€Å"enact† the organization’s competitive environment. For example, a firm’s introduction of substitute products or services can have a substantial influence over the competitive environment, and in turn this may have a direct impact on the attractiveness of an industry, its potential profitability, and competitive dynamics. I. Bargaining power of buyers: High Who are the buyers of this industry: Individual customers who purchase and use two wheelers for the purpose of transportation. This category of customers considers two wheelers as a necessity than a luxury. In a developing country like India, especially in tier 2 and tier 3 cities, two wheelers are extremely popular amongst families and students. Scooters are considered to be utility vehicles transporting a family of 2-3 at a time and providing good mileage. Bikes on the other hand come in a variety of segments. They can cost less, acting as utility vehicles. They can be costing very high, acting as luxury products for their owners. The  following points can be aggregated to determine the relative bargaining power of buyers against the automobile manufacturing firms. The bargaining power in this case would mean to what extent the buyers can negotiate prices of the two wheelers. This buying power would determine the market price of the two wheelers in the long run. It also indicates the intensity of rivalry amongst the existing firms in the market. Product Differentiation: Low The features in two-wheelers produced by the Indian manufacturers like Bajaj, Honda, TVS etc. are very close to each other. These features include appearance, Price, Quality and other functional features. This implies that: The buyers can shift from one product to another, as they do not have affinity for any specific product Information Availability: High High availability of information over the internet, leads to higher bargaining power with the buyer to compare the various features and price of products thus leading to lower bargaining power with the manufacturing firms. Type of Economy: Developing India being a Developing economy, is a big hub for two wheeler manufacturers. A two wheeler is a necessity in small towns even today. The large number of customers lowers their bargaining power to some extent. However, this is offset by the large number of suppliers. This is good news for the automobile firms as their product is going to remain in demand for a while at least and they don’t have to worry about declining sales for some time in India. Number of Suppliers: High The number of companies manufacturing automobiles is high in India. With each major player opening showrooms in not only Tier I but II and III cities, the consumers have a wide variety of options to choose from. The number of buyers and sellers in market is high. These two effects offset each other. This implies that: The bargaining power of consumers is high because of this effect as the consumers have the option of going to another brand if they do not like the functional features or price of one brand. In case of utility  vehicles manufacturing category, Rohtak alone has two showrooms of the major players in the market. This implies an empowered consumer. Switching Cost: Moderate The switching costs are higher than FMCG goods however are low compared to many other high involvement products. A basic two wheeler starts from about Rs 40,000. This cost maybe high for some people and not so significant for others. However as two wheelers hardly have any associated products, which would require compatibility with the product, the switching cost is low. Also due to a well-established second hand market in India, the vehicles can be easily resold these days. This also covers up for the switching costs to some extent. II. Bargaining Power of the Supplier : LOW Organizations would be at a disadvantage if their suppliers are powerful. They should preferably not be dependent on any supplier. Now suppliers can be powerful if the number of firms providing thie particular service or product are few in number( eg. A monopoly, oligopoly).The number of the firms determine their bargaining power. The power gets by the increase in existence of switching costs for the various firms. Moreover, firms in an industry have power if they have many alternative sources of supply or if they have a credible threat of integrating backward to provide their own sources of supply. So even supply chain management is particularly important in industries where the potential power of suppliers is high. Now, for a 2 wheeler Industry there would be various suppliers which can be broadly classified into 4 broad categories:- 1)Steel industry 2)Tyre industry 3)Auto components industry 4) Battery industry Steel Industry The 2 wheeler industry in India mostly imports all the automotive steel. Around 65% of the steel is imported for automobiles. The cheap import duty helps the 2 wheeler industry to import high quality steel. So the prices of  steel is determined by mostly international markets, so the bargaining possibility is less for the steel suppliers. Demand for automotive steel such as inner components and outer body parts comprises just 7-8 million tonnes (mt) a year out of India’s total production of about 78 mt, but is growing at 10-20% a year even as overall demand growth lags economic growth. The companies in India which develop automotive steel have now decided to expand in this area and many companies have entered into joint ventures with various international companies like Sumitomo + Bhushan Steels, Jfe+jsw, Tata+Nippon joint ventures. So the 2 wheeler industry has a lot of vendors both nationally and internationally to choose from. Thus, the bargaining power of the supplier is low. Auto components and Battery Industry Both the Auto Components industry and the Battery industry in India are highly fragmented .There suppliers highly outnumber the 2 wheeler companies. Examples of a few companies which provide auto components in the automobile industry are Rico Auto Industries Ltd, JBM Group, Sona Koyo Steering Systems and Lumax Industries, Indication Instruments Ltd Aisin Seiki Co.,BorgWarner,Continental, Delphi, Denso Corporation, Eaton, FAG, Faurecia, GKN,Honda Foundry Co. Ltd., Honeywell,Knorr Bremse, Koyo,Magna,Magneti Marelli, Mando Corporation, Meritor,Mitsuba Corporation, NHK Spring,Robert Bosch,Showa Corporation, Sumitomo Wiring Systems, Toyoda Gosei, USHIN, Valeo, Visteon,Yazaki and many more. Amaron ,exide,luminous,kaycee ,sumangal,action,tata batteries are just a few examples of the Battery Companies in India.Thus, since the number of suppliers is huge the bargaining power they enjoy is low. Tyre Industry It can be clearly seen in the pie chart below that for tyre industry in India, 53% of the tyre consumption is by the 2 wheeler industry. The benefits are given to them as they are buying in bulk and the relation gives the tyre firms a strong brand association. At present there are 40 listed companies in the tyre sector in India.Major players are MRF, JK Tyres, and Apollo Tyres & CEAT, which account for 63 per  cent of the organized tyre market. The other key players include Modi Rubber, Kesoram Industriesand Goodyear India, with 11 per cent, 7 per cent and 6 per cent share respectively. Dunlop,Falcon, Tyre Corporation of India Limited (TCIL), TVS-Srichakra, Metro Tyres and Balkrishna Tyres are some of the other significant players in the industry. Thus , with so many players in the market and also with the power to give tyre companies brand association, the 2 wheeler industry is at a huge advantage and the bargaining power of the tyre suppliers is low. III. Threats of Substitutes : LOW Number of Substitutes: High Substitutes can be cars, electrical vehicles, public transport and rickshaw/taxi. There are many players in the market for four-wheelers. Also, in metros and some of the tier-II cities, public transport facility is quite good. Thus, this can be a negative factor for two-wheeler industry. But two-wheeler may be a better option for 2 people in the same price range. Flexibility is also high compared to public transport. These facts nullify the negative effect of this factor. Public Transport Infrastructure: Moderate As of today, public transport is not very well developed in India but its developing day by day. In tier-1 cities, people have started preferring public transportation for routine tasks but people in other regions don’t have an option. Scope of Differentiation: High There is a high scope of innovation in this industry as the technologies are ever changing. Customization according to the customer needs is important and attracts consumers’ attention towards one vehicle from another. Lifestyle in India: Changing Common Man’s lifestyle is changing in India and number of people working in a family are increasing. Most of them prefer one vehicle per head to commute. For a middle class family, two wheeler is the only feasible option in such cases looking at its flexibility and affordability. Thus, changing lifestyle  is a positive sign for this industry. Cost of Switching to Substitutes: High People switch to substitutes for a reason. Given below are some of the reasons why people switch to substitutes. Cars: Comfort, status Symbol, safety Public Vehicles : Affordability, Safety, Cost, Pollution, Time saving Electrical Vehicles: Environmental friendly, Maintenance cost Here is the negative side of switching to substitutes. Public transport vehicles are not readily available for transportation within the city/town/village except in a few cities in India. For the regions where public transports are not available, only four-wheeler or electrical vehicles remains the substitute to a two-wheeler. Electrical vehicles at present not competitive with respect to present petrol running vehicles. No established player is offering Electrical vehicles. Switching cost from a two-wheeler to a four-wheeler is quite high as investment will be needed to switch the product. Also running cost is more for a four wheeler. The above table shows the calculation of running cost of a two-wheeler and a four-wheeler per km. The numbers are rationally assumed for reaching to quantified figures. As we can see from above calculations, running cost of a four-wheeler is almost 3.5 times more than that of a two-wheeler. Thus, we conclude that the cost of switching to substitutes is LOW in the case of two-wheelers. Seeing all the five factors contributing to Threats of Substitutes, it can be safely concluded that this threat is LOW. Lower running costs, higher addressable market and lack of public transport make two wheeler industry attractive. IV. Threat of New Entrants : MODERATE-WEAK Capital requirements: Moderate High capital requirements mean a company must spend a lot of money in order to compete in the market. The investment made by the company depends upon the type of expansion. High capital requirements positively affect 2 Wheeler Industry India. â€Å"High Capital Requirements (2 Wheeler Industry India)† is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue. Easy to overcome this disadvantage High sunk costs High sunk costs make it difficult for a competitor to enter a new market, because they have to commit money up front with no guarantee of returns in the end. High sunk costs positively affect 2 Wheeler Industry India. This statement will have a short-term positive impact on this entity, which adds to its value. â€Å"High Sunk Costs Limit Competition (2 Wheeler Industry India)† will have a long-term negative impact on this entity, which subtracts from the entity’s value. â€Å"High Sunk Costs Limit Competition (2 Wheeler Industry  India)† is an easy qualitative factor to overcome, so the investment will not have to spend much time trying to overcome this issue. 5 Forces analysis: High negative impact in the long run High positive impact in the short run Easy to overcome this disadvantage Strong brands If strong brands are critical to compete, then new competitors will have to improve their brand value in order to effectively compete. Strong brands positively affect Two Wheeler Industry India. The 3 major players contribute to 80% of the market share Hero Moto, Bajaj Auto, Honda Motors. Advanced technologies Advanced technologies make it difficult for new competitors to enter the market because they have to develop those technologies before effectively competing. The requirement for advanced technologies positively affects Two Wheeler Industry India. Economies of scale Economies of scale help producers to lower their cost by producing the next unit of output at lower costs. When new competitors enter the market, they will have a higher cost of production, because they have smaller economies of scale. Economies of scale positively affect Two Wheeler Industry India.†Industry Requires Economies of Scale (Automobile Industry India)† has a significant impact, so an analyst should put more weight into it. â€Å"Industry Requires Economies of Scale (Two Wheeler Industry India)† will have a long-term negative impact on this entity, which subtracts from the entity’s value. This force has significant impact High negative impact in long run Patents Patents that cover vital technologies make it difficult for new competitors, because the best methods are patented. Patents positively affect Two Wheeler Industry India. Customer Loyalty It takes time and money to build a brand. When companies need to spend resources building a brand, they have fewer resources to compete in the marketplace. These costs positively affect Two Wheeler Industry India. High learning curves When the learning curve is high, new competitors must spend time and money studying the market before they can effectively compete. High learning curves positively affect profits for industry. High switching costs High switching costs make it difficult for customers to change which products they normally purchase, due to costs. High switching costs positively affect Two Wheeler Industry India. High Switching Costs for Customers has a significant impact, so an analyst should put more weight into it.†High Switching Costs for Customers will have a long-term positive impact on this entity, which adds to its value. This statement will have a short-term positive impact on this entity, which adds to its value. This force has significant impact High positive impact in long run High positive impact in short run Strong distribution networks Weak distribution networks mean goods are more expensive to move around and some goods don’t get to the end customer. The expense of building a strong distribution network positively affects Two Wheeler Industry India. â€Å"Strong Distribution Network Required † has a significant impact, so an analyst should put more weight into it. â€Å"Strong Distribution Network Required – Two Wheeler Industry India† will have a long-term positive impact on this entity, which adds to its value. â€Å"Strong Distribution Network Required – Two Wheeler Industry India† is a difficult qualitative factor to defend, so competing institutions will have an easy time overcoming it. This force has significant impact High positive impact in long run Difficult to defend advantage High entry barriers When barriers are high, it is more difficult for new competitors to enter the market. High entry barriers positively affect profits for Two Wheeler Industry India. So to sum it all, for the two wheeler industry the threat of new entrants is moderate to weak. INTENSITY OF RIVALRY AMONG EXISTING COMPETITORS : MODERATE Among the direct and obvious forces in the automobile industry, existing competitors must first deal with one another. When organizations compete for the same customers and try to win market share at the others’ expense, all must react to and anticipate their competitors’ actions. There are 3 main factors along which the intensity of rivalry amongst existing players in the automobile industry have been identified 1. Number Of Competitors:- The number of competitors within an industry is a direct correlation to the intensity of competition, all else being equal. The industry concentration was studied using Hirschman-Herfindahl Index. The data for studying HHI was obtained from the Centre for Monitoring Indian Economy. Yearly sales volume data for various brands of two-wheelers in the three segments were obtained for the period 2008- 2012 and was computed. The above figure shows that the 2 Wheeler Industry is oligopolistic in nature and there is less competition even after deregulation of the Indian Economy. The Motorcycle segment is characterised by a few large players who have established their presence. The leading player is Honda Motorcycles with almost 50% market share. The Moped industry is a monopoly and TVS is the only player which has been able to capture the entire market. The scooter industry has crossed the shakeout phase post 2004 when the Activa type models were being imitated by all major players across the segments. This too has a HHI of .309 indicating less competition. 2. Incentive to Fight:- The incentive to fight is primarily related to finding out how competitors  fix prices i.e whether they engage in price wars, or engage in aggressive activities with the aim of increasing market share. This shall further be explored among 3 other parameters. A. Growth In Automobile Industry There has been substantial growth in the automobile industry in India and it has already crossed the 25 Billion Rupee mark and has had a 13.7% CAGR over the past 5 years. Over the medium term, the 2W industry is expected to report a volume CAGR of 9-11% to reach a size of 24-26 million units by 2016-17. This will be due to the (a) favourable demographic profile, (b) increasing personal income as well as (c) moderate penetration in relation to other Emerging Markets. Therefore there is substantial opportunity for growth leading to less competition. B. Demand – Supply Gap Most two wheeler have idle capacity as the supply exceeds demand. Moreover as many players are planning to increase manufacturing operations, it is estimated that the total supply will exceed demand by almost 15 to 20%. This problem has been compounded by the fact that foreign entrants are planning to enter India as growth in European and American markets have stagnated. This will lead to more competition. C. Nature of Demand The nature of demand is highly cyclical in nature. In times of high growth in the Indian Economy there is corresponding revenue growth for all 2 wheeler companies. This can be seen more from the growth of the 2 Wheeler Industry during recession which slowed substantially. In fact the motorcycles segment had dipped to negative growth during that period. Our group believes that after evaluating the three factors, there will soon be a tendency for the firms to engage in fierce competition as the stakes are increased manifold. This will ultimately lead to more competition for existing players and international players who are thinking of venturing into the industry. 3. Coordination between competitors According to the Indian Constitution, â€Å"The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and Merger and Acquisition), which causes or likely to cause an appreciable adverse effect on competition within India† which prevents firms from colluding implicitly or explicitly colluding. Till now there has been no tendency amongst firms of colluding, hence the market is still competitive in terms of the coordination between competitors. Considering all the factors, the competitive landscape within the industry is still not yet clearly defined. Even though firms are capacity constrained, there is still ample room for growth. Therefore our group believes that the competition is still low. The way ahead With consumers becoming increasingly aware about products and buyer power increasing, the manufacturers will have to differentiate their products. Then comes the era of green vehicles which will be powered by battery or green fuels and will provide mileage of 100 km/Rs 8. The relationship between suppliers and manufacturers is nasty at this point of time. It needs to be reworked. This will provide room for improved consumer feedback mechanism which will lead to improved product for consumers The projected sales of two wheelers in India in FY15 are 18MN. There is scope in the unisex category of scooters as already there are plenty of motorbike owners in the country. Companies could leverage on that. Another scope is there in rural areas and tier II, III cities. This market is relatively untouched by two wheeler marketers and hence this should be explored and custom made vehicles should be designed for people residing in these areas. Since the purchasing capacity of these people is low it should be kept in mind while making utility products for them.

How to Write an Essay about Drugs

The problem of illegal drugs is one of the more sensitive issues encountered in modern world, and it is unlikely to get any less sensitive in foreseeable future, because in the vast majority of cases in dealing with them the world follows the same path it has been following for the last decades, and the situation doesn’t seem to be changing. From the point of view of a student it means that this topic will remain a moot point, and you are probably going to write an essay about drugs at some point of your academic career; perhaps more than once. And, as you certainly know, it pays to be prepared to all eventualities. Argumentative Essay Topics about Drugs First of all, you have to choose a topic – at least if you are given such degree of freedom. Thankfully, the theme in question is broad and diverse enough to make room for ideas. Here are just a few examples of what you may write: The History of War on Drugs. Positions on Addictive Drugs in Different Cultures and Different Countries. Alternative Ways of Drug Regulation. A lot in your choice of argumentative essay topics depends on your own views – it is far easier and more fun to write about something you actually believe in than to pretend that you believe in something. How to Use Argumentative Essay Examples about Drugs If you are unfamiliar with writing argumentative essays, you may benefit from studying some examples of this kind of writing. They are not hard to come by – as it has already been said, various topics related to drug abuse are extremely popular among the tutors and, subsequently, among the students, which means that you won’t have any trouble finding samples of such works. However, before using argumentative essay examples found on the web as a basis for your own work, try to make sure that they are at least decently written. The fact that a text is present in some kind of online repository doesn’t necessary mean it is a good one. Writing an Essay on Drug Abuse So, you have to write about drug abuse. First try to define what kind of essay it will be. Are you going to write about the medical facet of the problem? Or will it be a real-life example, describing the fate of a particular person, or something else entirely? Then, define your opinion about the subject matter and try to weave it into the text. For example, most people would agree that addictive drugs are not such a great thing; but what about the ways modern society and modern government deal with them? Is the war on drugs waged for the better part of a century really effective? Or does it simply criminalize drugs, assisting the drug mafia rather than fighting it? Choose your opinion, state your point. When you have a strong stand on something it is not hard to write an essay on drug abuse at all.