Porsche Case Study Essay Example | Topics and Well Written Essays - 1250 words

Porsche Case Study - Essay Example Thus, in the mid 1930s, Porsche’s first car, the VW Type 60 was produced, and thereafter a plant dedicated to the production of the Volkswagen was opened in 1938, producing a series of Volkswagen brands such as the VW Beetle (Henderson& Reavis, 2009). Nevertheless, the brand Porsche found its way into the market exactly 3 years after the Second World War had ended, in 1948 where the brand came in form of a branded sports car, and by 1950, Porsche had managed to develop an assembly line that started rolling out its Porsche 356 series brand into the market (Henderson& Reavis, 2009). Another of the Porsche’s brands, which were introduced into the market much later was the Porsche’s Cayenne, the first of its brands outside the sports car market niche in 2003, and then the Panamera sedan which was released in 2005 (Henderson& Reavis, 2009). The major competitors of the Porsche Company brands are the Mercedes, which is closest in the profit margin per unit earning to Porsche, at $59,454 per unit of automobile sold compared to the Porsche’s profit margin of $91,974 per unit (Henderson& Reavis, 2009). The other major competitors to the Porsche brands is the BMW, the Audi and Volkswagen, whose profit margins per unit were much lower compared to those of Porsche. On the other hand, there were a few small competitors in the sports car manufacturing market, such the Maserati, Lamborghini and Ferrari, which could not compete effectively with Porsche, owing to their low production capacity for the sports cars (Henderson& Reavis, 2009). In relation to the competition in the outsourced Engineering services, Lotus Engineering was the major competitor that Porsche Engineering Services (PES) faced (Henderson& Reavis, 2009). The financial position of Porsche Automobile group has been very promising, owing to the fact that the company has been able to

How to prepare for final exams Essay Example | Topics and Well Written Essays - 750 words

How to prepare for final exams - Essay Example The schedule should allocate sufficient time to study for each of his or her exam subjects. The candidate should keep up with the course work and ensure that he or she attends the classes regularly in order to track all the readings and study notes consistently. One must be sure to allow enough time for quality sleep and strenuous physical exercises. The exam preparation stage is achievable by purchasing a calendar and outlining a daily schedule of the study topics. A self-mini review is essential after completing a topic. It helps in self-evaluation and assessment. The stage is fully dependent on self-discipline and demands a maximum discipline towards observing and following a schedule to the latter. The second step in the final exam preparation is to identify difficulty areas per subject. The step enables the student to understand extensively and take notes summary on the particular areas of technicality (Smiderle and Green 2011). At this step, the student should make portable flashcards that enable him, or her review the area of technicality on a regular basis. The candidate should consult the professors on areas that he or she does not comprehend in order to receive guidance and teaching adequately. The third step in final exam preparation is to revise the previous tests done by the candidate and other final exam past papers completed in the previous years. The papers are good resources and give the candidate confidence of facing a final exam having mastered the trend and nature of the exams. The candidate should not cram the questions, instead should synthesize and understand the contents of the study areas completely. The candidate should skim and scan over all the notes in order to remind him, or her about contents previously taught. That gives the candidate an idea of the contents of the subjects under study. Choosing a serene and convenient venue for study is a fundamental consideration that a candidate should