The Government Expectations Through The Cafe Standards On...

The government expectations through the CAFE standards on consumer cost benefit analysis on purchasing an eco-friendlier car is not realistic to what consumers truly value. If this were the case, then why wouldn’t everyone be purchasing a more economical vehicle? The problem with these governmental standards is that they do not efficiently satisfy the needs of both the consumers and manufacturers within the automobile industry. Although the data suggests that the net benefits certainly outweigh the costs in the long run, what is not seen are the costs incurred to manufacturers over time. Using the economic theories of the Keynesian Model, from â€Å"That which is seen, and that which is not seen†, and supply and demand, we will discuss the implications of these imposed standards and suggest our own recommendations for solving this problem. Supply and demand is the most basic principle of economics. Supply and demand have an inverse relationship to each other for very simple reasons. When demand increases, people buy more of an item, thus lowering supply. If supply increases, then items demand of an item is decreased unless the price is lowered. The way that this case is affected by supply and demand is when the CAFÉ standards are enacted the price of vehicles will go up due to the increased costs of production. The increase in the price will lower the demand of new cars and increase the supply sitting in dealerships. Also the increase in price of new fuel efficientShow MoreRelatedTrends in Hotel Industry13993 Words   |  56 Pagesof receiving and entertaining a guest with goodwill. Hospitality in the commercial context refers to the activity of hotels, restaurants, catering, inn, resorts or clubs who make a vocation of treating tourists. Helped With unique efforts by government and all other stakeholders, including hotel owners, resort managers, tour and travel operators and employees who work in the sector, Indian hospitality industry has gained a level of acceptance world over. It has yet to go miles for recognitionRead MoreU.s. Economy s Economy8463 Words   |  34 Pagesrate is expected to decline at a slow pace keeping consumer confidence low. In the short run, it is not likely that household spending will increase significantly. Industry Analysis The last several years were also tumultuous for the U.S. auto industry. After dominating the market for decades, American automakers had grown complacent about product development. At the same time, rising gas prices and uncertainty about the economy caused consumer preferences to shift from SUVs to more fuel efficientRead MoreHonda Motorbike Vietnam Marketing Strategy8077 Words   |  33 PagesInternational marketing environment | 3 | | | CHAPTER II: CASE STUDY OF HONDA ON VIETNAM MOTORBIKE MARKET | 8 | 2.1. Introduction to Honda | 8 | 2.1.1. Honda Company | 8 | 2.1.2. Honda Motorbike Vietnam | 9 | 2.2. Vietnam environment analysis | 11 | 2.2.1. PEST Analysis | 11 | 2.2.2. Opportunities and Challenges | 14 | 2.3. Honda motorbike strategy | 16 | 2.3.1. The advantage of product | 16 | 2.3.2. Honda’s social campaign achievement | 18 | 2.3.3. More than one symbol | 20 | 2.4. Honda’sRead MoreMm-Chapter 1-3 Dawn Iacobucci17854 Words   |  72 Pagesconcepts together.    MARKETING SOLUTIONS DID WE DO IT? Develop learning solutions based on today’s students and validate through an iterative process to ensure the ideal product mix. MM2 features an integrated marketing management framework, exhibits, and cases. Based on feedback from students there are tear-out reference cards highlighting key concepts and effective case analysis. DO YOU LIKE IT? MKTG5 Principles of Marketing Lamb / Hair / McDaniel ISBN-13: 978-1-111-52809-6 SELL2 ProfessionalRead MoreProject Mgmt296381 Words   |  1186 PagesChapter 1 Modern Project Management Chapter 8 Scheduling resources and cost 1.2 Project defined 1.3 Project management defined 1.4 Projects and programs (.2) 2.1 The project life cycle (.2.3) App. G.1 The project manager App. G.7 Political and social environments F.1 Integration of project management processes [3.1] 6.5.2 Setting a schedule baseline [8.1.4] 6.5.3.1 Setting a resource schedule 6.5.2.4 Resource leveling 7.2 Setting a cost and time baseline schedule (1.3.5) [8.1.3] 6.5.2.3 Critical chainRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesGender Role Perceptions? 166 glOBalization! Chinese Time, North American Time 171 Myth or Science? Creative Decision Making Is a Right-Brain Activity 181 Self-Assessment Library Am I A Deliberate Decision Maker? 183 An Ethical Choice Whose Ethical Standards to Follow? 185 Self-Assessment Library How Creative Am I? 190 Point/Counterpoint Checklists Lead to Better Decisions 191 CONTENTS xi Questions for Review 192 Experiential Exercise Biases in Decision Making 193 Ethical Dilemma Do Unethical