Question:
Though the car makers have Research & Development Department to workout the entire design of the products, don't you think that only through flexibility and adjustment with outside help can order and growth be maintained?
Answers:
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I would agree with what you are saying. Although; many factors determine the growth of any company. Just because you have a product, doesn't mean anyone will buy your product. I think marketing is 50% while having appeal to the public, and the ability to show research and development has brought near perfection in the quality of said product, would justify 25% of meeting the needs & wants of the consumer. Flexability and how well a company adjusts to the demands of the conusmer is parlell with governmental standards. Growth is maintained through a companies ability to meet all this criteria, and stay within a competitive price range of their product. Flexability and adjustment is the other 25%. That is as long as it can stay within budget, and still meet standards. The bottom line in any business is; profit. I'm not convinced outside help is the key factor of growth, but marketing and advertisments are proven means of growth.Glad to help out, Good luck!
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I agree with the first responder. Vehicle manufacturers do contract out much of their R&D, especially software development. Flexibility and adjustment for both market changes and customer expectations are necessary to be competitive. However, that alone, no matter how advanced, will not gurarantee the solvency of the car manufacturer. Fundamentally, the very existance of any business depends not on growth but on revenues being higher than expenses. Manufacturing, as opposed to service industries, is unbelivably tough. Manufacturing is much like farming. There is a huge outlay of expense in labor and products at the initial stage, you have no control over conditions during the year and finally the demand may or may not be there at the end. Then you get to try again next year. Efficiencies and rapid accommodation to market changes do help minimize expenses and maximize desireability, but in the final analysis people must buy your product or service or you are out of business.More Questions & Answers ...
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