The hybrid cars were less pollution causing in nature and run on biodiesel fuels. Thus the basic idea of petrol driven cars remained the same but it was innovated in a different environment friendly form. Diffusion of innovative products and factors influencing the tradeoffs According to the sales figures in UK in 2011, there was a reduction in the number of electric vehicles over the hybrid vehicles. Trade off is the system where certain features of a product are left out for the sake of some other feature. In case of innovative products like the carts there can be many features which might not be at par with the market conditions, economical scenario and environmental aspects. There can be a number of tradeoffs seen in the supply chain management system in marketing. There can be situations where the supplier of innovative cars may wish to transport in bulk but this might not be in accordance with the market scenario if the conditions in the market are grim. There can also be situations where the supplier might have to face an increased lead time. Sometimes, the supplier of cars may also wish to ship directly to the customer to save costs and time (Stevenson, 525). Apart from these, there can be tradeoffs in the design of the innovative product too. There can be situations where the company might think the design to be feasible but might have to give up going by the designs prevalent in the markets. This can make economical impacts too. Sometimes, the innovative products might not provide the required revenue to the company. In other words it might not be economical. In such situations again, trade off of the products comes into action. Tradeoffs can arise due to environmental constraints too. The innovative design thought by the company may not be in accordance with the environmental factors and might have to be removed or substituted. Any new product launched in the market spreads by innovation and it is affected by the technical, market, economic and environmental factors. These factors will determine the tradeoffs that will be introduced for the innovative products. Environmental impacts of the electric and hybrid vehicles Electric cars and hybrid cars have had their environmental impacts. While the former is considered not environment friendly, the latter does not cause much harm to the environment. Electric cars increase pollution levels than hybrid cars. Electricity that is generated to power electric vehicles led to more pollution caused by particulate matter than the pollution caused by the equivalent number in the petrol driven cars (Gayle, 2012). Though there are several benefits of electric cars over hybrid cars the harmful consequences are more in case of the electric cars. Sustainable consumption and its importance to global issues Sustainable production as well as consumption means the usage of goods and other services that caters to basic requirements and leads to a better quality in life, while reducing the usage of natural resources, decreasing the toxic materials and the harmful emissions of the wastes and the pollutants over the product life cycle, so that the conditions for the future generations are not jeopardized (Solid Wastes and Emergency Response, 2012).The concept of sustainable consumption is important to understand how to use optimum levels of resources and minimize the release of harmful substances. It is important in global issues as
Topic - The below figures from the UK Society of Motor Manufacturers and Traders show that in 2011 sales of hybrid vehicles were significantly higher than those of electric vehicles, although sales of electric vehicles increased as new models were launched Introduction An idea is created out of needs…
The author of the essay emphasizes the fact with the development of advanced technologies and fuel efficient mechanization, companies operating in the UK motor car market are enticing the customers maximally. Moreover, certain factors in the external environment are influencing the way the UK motor market and the companies operate.
Restricted to military activities beforehand, navigation of civilian airspace is being reflected on. Highly developed processes for merging different technologies into a system have enormous advantages, but also massive damaging impacts if mishandled or wrongly exploited (Valavanis, Oh, & Piegl 2009, 18).
Motor Vehicle Manufacturers’ Association of United States vs. State Farm Mutual Automobile Insurance Company 463 US 29 (1983): A Case Study Case Summary The facts in question in the iconic case of 1983 Motor Vehicle Manufacturers’ Association versus State Farm Mutual Automobile Insurance Company are, briefly, as follows.
There are various researches done in this field and several other types of fuel such as electric fuel, natural gas, hydrogen, fuel cell etc are in the development stages. However, these fuel have to be feasible for utilization. Of the various types of alternative fuels , natural gas is the most economical and reduces air pollution.
With the advent of direct motor insurance, the market has become highly competitive and price-driven. Insurers are now fighting a tough battle to attract and retain customers. Fierce competition has driven down premiums while at the same time the market has had to contend with increased costs (Lorenz 2002 p.12).
Since the introduction of the Honda Insight in the 1990s, the first petrol-electric hybrid car to sell worldwide, followed quickly by the ever popular Toyota Prius, the future is looking ever brighter for hybrid vehicles. But how accurate of a picture do we have of the long-term future of hybrids?
The Hybrid Car as the next stepping stone seems to be an inevitable plight.
In Hybrid cars, less fuel is consumed because hybrid cars do not use gas in order to operate. They also make use of electricity, a power source which does not
These recalls are both voluntary and forced and reflect the company’s struggle to get their vehicles right. Recalls over the years have also hampered their new launches, for example the recent Lincoln MKZ’s sedan that they had heavily spent advertising for
2 pages (500 words)Essay
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