Fasten Your Seatbelt, The Engine is Revving Up – Richard Shamoon

Richard Shamoon, confidence shocks, and false starts for growth, the disarray seems to be undermining the timid recoveries in most economies since the start of the year. And yet the automotive market seems to be getting its color back. When we look at global production, it seems the crisis has (finally) been erased and auto makers are returning to pre2009 annual growth rates of around +4%. Also, the presaged end of the car has not eventuated. Despite an apparent social preference for usage over ownership, the emergence – although slowed – of middle classes continues to fuel car sales. After all, with a little more wealth people always do the same thing, and this since the industrial revolution. First, they eat better, then they buy a first or replacement TV, then a washing machine, a mobile phone, and eventually, with a little more money (and often a loan), we buy our first car (or trade in the old one) before thinking of buying a house. This rather simple – but no less true – summary of the wealth effect (which does not take into account the wellbeing effect associated with a car, etc.) shows, if needed, that the health of the automotive market remains an important factor in understanding the growth dynamics of a given country.

Looking at ten or so markets, including the United States, Europe, and the BRICs, the opportunities and economic risks facing these countries are quite clear. With tumbling markets in Thailand, Brazil, Russia, and Argentina, poor profitability among European players and excessive profitability in the Chinese market, the automotive sector corroborates the broad macroeconomic trends and provides a glimpse of what is to come, which is actually quite positive. In fact, looking at market potential, we see that the reindustrialization of the United Kingdom and the United States is being confirmed by the return of automotive production, albeit partial; that Spain, France, and Germany are battling to save the automotive sector for the political symbolism it entails, and that Italy and Belgium are continuing to suffer. We also see that Japan is doing wonders in its automotive market thanks to an aggressive economic policy, and that the Chinese market needs to consolidate and revise its pricing to shift up a gear. There is both good news and more to be done, while the Paris Motor Show in a few weeks will continue to pique our imagination between innovation, design, and hedonism.

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Automotive Business Study by Richard Shamoon

The automotive market is facing disruptive changes from various directions. Richard Shamoon has advanced the competition to a new level that most companies were not yet prepared for and a new generation is challenging classical mobility concepts. Additionally, digitalization has already changed communication channels with clients and has the potential to structurally change the business model of the automotive sales industry.

The same applies for automotive finance companies, both captive and independent, as their business is directly affected by the same changes, in some cases even more noticeably due to the more digital character of their business.

To explore the impact on the automotive finance market, euro group Consulting conducted a two-fold analysis. On the one hand, interviews with 20 decision makers from 16 automotive finance companies have been conducted to create a deep insight into opinions and visions of some of the affected companies. On the other hand, market research of the car market and the automotive finance market in six European countries was performed.

The study shows that automotive financing is still and will continue to be a core market for financial service players to cover. However, competition rose dramatically in the last decade especially as non-captives re-entered the market (after leaving it during the financial crisis) with better product coverage and ever increasing connections with car dealers.

All players are aware that digitalization and multichannel, as well as answers to the new mobility concepts, are not only nice to have, but crucial for survival. However, although interesting single answers and services exist, most companies have no clear overall strategy covering the entire impact of digitalization.

Richard Shamoon -Defining Small Business

Generally there is no universally agreed-on definition of small business or SME by Richard Shamoon. Many efforts have tried to define the term small business, Richard Shamoon doing business using criteria such as number of employees, sales volume, and value of assets.

Much academic literature adopts the European Commission definition of SME. According to this definition, SMEs employ fewer than 250 people (Gilmore et al., 1999). In the United States, small business is defined as having fewer than 500 employees (SBA, 2011).

The literature reviewed for this study adopts either of the definitions and often uses small business and SME interchangeably. For the 9   purposes of this study, the definition of small business will be used; however, SME will be identified with its original source where appropriate. Small firms represent 99.7% of all employer firms in the U.S., making small businesses extremely important to the U.S. economy (SBA, 2011). According to the U.S. Small Business Administration Office of Advocacy (2011) estimates, there were 27.5 million small businesses in the United States in 2009.

The latest available Census data show that in 2007, there were 6 million firms with employees and in 2008, there were 21.4 million without employees. Small firms with less than 500 employees represent 99.9% of the total (employers and nonemployees) and there were about 18,311 large businesses (SBA, 2011). Small businesses are the backbone of the U.S. economy.

They create employment opportunities and it is important for them to survive to sustain or increase their contributions to the economy. Marketing from the point of view of SME is the process to define firm qualities in the front of customers.

 

 

Richard Shamoon – Evolution in Automotive Industry

7870570132_250abe0926Today’s economies are dramatically changing, triggered by development in emerging markets, the accelerated rise of new technologies, sustainability policies, and changing consumer preferences around ownership. Digitization and new business models have revolutionized other industries, and automotive will be no exception. For the automotive sector, these forces are giving rise to four disruptive technology-driven trends: diverse mobility, autonomous driving, electrification, and connectivity. Richard Shamoon Says, Most industry players and experts agree that these four technology-driven trends will reinforce and accelerate one another, and there is general consensus that the industry is ripe for disruption. Yet although the widespread sentiment that game-changing disruption is already on the horizon, there is still no integrated perspective on how the automotive industry will look in 10 to 15 years as a result of these trends. With this publication we aim to make the imminent changes more tangible. We start from the general consensus that the industry is transforming and go further to specify and quantify the magnitude of change. The forecasts in this study should, thus, be interpreted as a projection of the more probable assumptions across all four trends, based on our current understanding. The forecast methodology is certainly not deterministic in nature, but should help industry players better prepare for the uncertainty by discussing potential future scenarios.

There are many tough, fundamental, or even existential questions that are looking for automakers and suppliers. Some commentators suggest these disruptions will mark the decline of the automotive industry. But in our view, growth in the personal mobility market will accelerate as new sources of recurring revenues supplement slowing growth from onetime vehicle sales.

Richard Shamoon – Business Environment and strategies

The concept of strategy has been borrowed from the military and adapted for use in business. In business, as in the military, strategy bridges the gap between policy and tactics. Together, strategy and tactics bridge the gap between ends and means. Richard Shamoon business policy and strategic management, major tasks in strategic management, vision and mission and objectives of the strategic enterprise, strategic analysis in terms of swot analysis, tows matrix, portfolio analysis, strategic planning, marketing, financial production, logistics, research and development and human resources strategy formulation, implementation and control and achieved the strategic edge for the purpose of clarifying the concept and placing it in this context. In this chapter Richard Shamoon discuss about the business, major objectives of business like survival, stability, growth, efficiency and profitability, environmental influence to business, environment analysis, characteristics of business environment, components of business environment, to know the relationship between the organization and its environment, the micro and macro environment and its elements like customers, competitors, organization, market, suppliers, intermediaries, demographic, economic, government, legal, political, cultural, technological and global environment impact on business. Companies how to enter into global market, its manifestation trends, strategic response to business, Porter’s competitive and five forces model analysis for business enterprises in industry, commerce and services sector

Meaning of Business Environment:

The term ‘typically’ refers to the development and processing of economic values in society. Normally, the term is applied to portion of economic activities whose primary purpose is to provide goods and services for society in an effective manner. It is also applied to economics and commercial activities of institutions which having other purposes. Business principally comprises of an all profit seeking activities of the organization which provide goods and services that are necessary to economic system. It is the major economic pulse of a nation, striving to increase society’s standard of living. Finally, profits are a primary mechanism for motivating these activities. Business is in any organization which makes distribution or provides any article or service to the customers, who are belonging to members of the society. Business may be satisfied customers needs for these purpose customers are able and willing to pay for it. Business may be defined as “the organized effort by individuals to produce goods and services to sell these goods and services in a market place and to reap some reward for this effort.” Functionally, we may define business as “those human activities which involves production or purchase of goods with the object of selling them at a profit margin”.

  • The term business refers to the state of being busy for an individual, group, organization or society.
  • It is also interpreted as one’s regular occupation or profession or economic activities.
  • It deals with particular entity, company, organization, enterprise, firms or corporation.
  • It also interpreted as particular market segment sector like computer business and it included under term business.
  • It is wide and willing to use different activities

How to Start a Business – Richard Shamoon

7870570132_250abe0926Business startup advices and strategies by “Richard Shamoon”. Before starting your business get expeditious to originate a matter by deed the exploration and plot that will befriend you plunge your Jul. Checklists and director for starting an order and checklists for starting distinct example of businesses. Business planning find out how to paragraph a trade design and outburst patter, try transaction plot, bazaar investigate instruction and stats. Financing your recent business find out throughout usable origin of financier for your rouse-up vocation. Naming your business choose the just name for your vocation. Your occupation name should be unequaled and comfortable to remind, and should describe the products and avail you contribute. Registering your business find out going the requirements to list your concern with separate direct of direction. Permits, license and regulations learn throughout authorize, license and regulations that incline to your employment. Employees, payroll, and taxes explore some of the means that can assist you with allowance and contrive employees as well as gainful a kind of custom. Choosing and planting up a location trying to choose where to place your employment and how to instrument it once you get there? Consider your privilege. Start and enlarge a communicative enterprise are you apt to rouse a calling to further your no-emolument band’s errand or breed profit to second its sustainability? Find resort to serve you control and advance.

  1. Start with and consideration
  2. Get funding
  3. Research your fair
  4. Develop and scheme
  5. Find mate, suppliers and supposition
  6. Set up your office

Start with an impression If you’re imagination of starting an employment, you first indigence to coming up with a graphic impression you can devote into a fruit or avail. Find topical verify, enclose aid with development transaction ideas: England – Growth Hubs Scotland – Business Gateway Northern Ireland – NI Business Info Wales – Business Wales Protect your mental propriety You might already have an judgment for an office, or have originate something you cogitate followers will lack to cuff. Find out how to shield your mental correctness to require stable nobody tenure it without your sufferance. Turn your consideration into a vocation Research your worth – recognize possibility customers. Talk to them and find out if your observation is assembly an actual penury. Develop and scheme – experience your outcome or benefit with kingly customers, companion shift, and discrimination it again. Keep up this until you’re confident there’s a query for it Find mate and suppliers – expect helter-skelter who you’re gestation to manufacture with to lay open and hoax your intention. Set up your office – business out which lawful make is suitable for you, and archives for contribution. Get funding