automobile, a clown at a party
That would be an oligopoly.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30. How would you describe this industry?
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Communists
automobile, a clown at a party
That would be an oligopoly.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30. How would you describe this industry?
That would be Detroit, Michigan. Detroit became the center of the automobile industry largely because of the many steel mills that were already there, which meant less cost in transporting the needed material.
Unfortunately, you would need access to automobile industry equipment, in other words, a catalytic converter is made with stamped stainless steel.
One typical example of an industrial machine used in the automotive industry would be a press. The press is used to stamp parts, mainly body components, from sheets of steel.
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NADA U, National Automobile Dealers Association University, has training for automotive dealerships in sales, service, management, industry trends, and any other topic that would be needed to run a successful automobile dealership. They also offer customized programs.
No, a motorbike would be a motorcycle or dirt bike type of thing. Or a bicycle with a engine. A automobile would be a car, truck or semi. But it could possibly be a automobile if you think about it, but i'd say no.
f an automobile had a 100 efficient engine would it exhaust the surroundings?
auto industry is all about heavy capital expenditure. auto industry changes its models every 8-9 months. Hence, major investments are needed in dies, presses, new panels, design, software, etc. These would take up majority of the budget for capital expenditure in an auto company.
Archaeologist