Technological Impact :: essays research papers

Technological Impact. Changes in market demand Marketing strategy - As a company devpelopes and matures it leave alone have to changes its marketing strategy to fight and grow with other companies that are challenging the present company. I give take the machine industry for an example. In the industry group in that location are many different competitors. Weather life-sized or weakened they are all fighting for a piece of the nation and international market. The larger companies departing have just as much exsert adjusting to change as a smaller company. This is because a small car company that does not produce many cars will find that to elevate a car on a small scale will probably take the same percentage of profit as a large company that needs to advertise on a large scale to keep the company going. In the car industry, manufactureres will be bringing out novel-made models and varieties of cars all the time referable to the impetuous competition to be at the t op. There are seasonal changes in market demand these become apparent when looking at car sales figures. There are highest sales of cars when the new registration plates for cars employ to come out in August. This large demand for new cars was due to people wanting to have the newest cars available to them and they can show them eat up as people tend to notice the new letter at the beginning of the registration. The government has tried to stop this large demand for cars with new registrations by changing the registration twice a year, the letter to a fault changes in March of each year as well as August . This may in theory have been a sincere idea but in practice it does not seemed to have compensable of as most people that are buying a new car will tend to have it for a year in front changing it for a different car. This is mainly because of the large amounts of coin that is needed for road assess and car insurance and so people will not want top fork out more money for a new car as well as tax and insurance. As new models come out onto the market from other companies, this will cause demand for the present models of cars to be reduced because of the interest in the new model that not many other people have.