This report was made to show how Action Modular can increase their profits and make them more marketable. The trucking industry is an industry that has and will be around for a long time. As long as there are manufacturers and consumers requiring their freight to be moved, there will be a need for trucks. If the marketing trend is monitored regularly by putting the right people in place and being proactive regarding the equipment and freight rates. Action Modular will be highly marketable and can yield more in revenue versus decreasing the revenue by utilizing outside carrier. Since the 1980s the trucking industry has sky rocketed. That capital earned is put back into the company and a profit is still able to be made. Knowing the negative part …show more content…
EVIRONMENTAL SCAN Social- • The trucking industry has grown over the years and does not discriminate on gender or race. The demographic of the trucking industry is across the board and it can appeal to older people as well. The people who are tired of the Fastlane and just want to work or the ones looking to take care of their family without having to be in the service industry working two jobs. Economic- • Weather can cause produce not to flourish, which brings the transportation industry to a slow economy. As well as various season, also construction companies can play a big role in keeping the companies in business. However, for Action the only possible problems will be an issue on muddy sites and winds and all these can be found prior to delivery of your modular this will prevent dry run, which are costly. Dry runs are when a freight is being attempted to be delivered and for whatever reason the delivery or pick up cannot take place and would need to be sent back or held in order to be able to try again. …show more content…
By utilizing the internet search engine to find local or distant transporter to move the commodity as well as put out advertising about a company’s ability to haul freight to and from a destination at a price to gain business or just to put the companies name in every company’s mouth. Having a store to door service keeps the consumer happy like Canadas cartage service from the early 1900’s (Store-door delivery,1929). Marketing will help when companies overseas come in to do business in the United states and they will need a modular command post. Take for instance the royal British air force who sky dive and train with the United States Military in Ft. Hunter
As a result, GM’s developer Edward Cole was well aware of the major design defect of the excessive weight in the rear causing General Motors to face 106 Corvair liability lawsuits involving injuries and death. After the publication of Nader’s book General Motors hired a private detective in New York to gather information and discredit Nader. Nader sued General Motors for invasion of privacy winning millions in the lawsuit. Furthermore, CEO James Roche promoted Edward Cole the Corvair design engineer in question, to GM’s President. Did the CEO Roche of General Motors make a sound ethical decision with the promotion?
Since the industrial revolution, the field of engineering has allowed society to flourish through the development of technological advances at an exponential rate. Similar to other professionals, engineers are tasked with making ethical decisions, especially during the production and distribution processes of new inventions. One field that has encountered ethical dilemmas since its inception is the automotive industry. Today, the dawn of the autonomous, self-driving, vehicle is upon us. In this new-age mode of transportation, humans will be less responsible for decisions made on the road. With the wide adoption of autonomous vehicles, there exist a possibility to reduce traffic-related accidents. Even though computers have the ability
The United States trucking industry is a very thriving industry and has continued to grow since the beginning of the 1900’s. The motor carrier act of 1935 allowed regulations to be set for the growing trucking industry. These standards made trucking safer for the driver and others as well. With the growing of mass production of products, transporting these goods was not efficient using trains or other types of shipping, so large trucks and trailers became the most popular method for shipping. This created a huge market for truck producers to supply trucks for the new form of freight transportation. Brother’s Jack and Augustus Mack saw the perfect opportunity to use their mechanical abilities.
Ethical issues in the workplace can be influenced by economic gains, differing worldviews, and ineffective communications. Nursing ethics usually begins with issues experienced during practice (Butts & Rich, p. 118). An ethical dilemma that occurred, during work, at a hospital in Northwestern United States will be examined. The impact of Christian and postmodern worldviews will be considered. Ethical decision making implications will be identified.
The Ford Pinto case was very interesting to be able to tell if the case was morally wrong or not from a utilitarian perspective. In 1968, Ford decided to make a car that was cheap to make and economically friendly to the public. Ford was in competition with Germany and japan. The only problem with the car was that they put the gas tank in a dangerous location where if hit correctly, it would cause the car to combust. They failed the NHTSA crash test, which is 20 mph impact to the rear in 1970, but passed later buy adding a rubber bladder to the engine. This is where ford had to make a very tough decision, they had already sold plenty of cars without the installed bladder, so they could either recall the car to add the bladder
The cash flows discounted by the risk-free rate of 9% allows us to compare the present values. This comparison illustrates a net advantage to buying the truck:
When we consider the case of the Ford Pinto, and its relative controversy, through the varied scope of ethical viewpoints, the results might surprise us. From a personal standpoint, as a consumer, the idea of selling a vehicle to the masses with such a potentially devastating flaw is completely unethical. When we consider the case from other directions and other ethical viewpoints, however, it makes it clear that often ethics are a matter of perspective and philosophy. It’s also clear that there are cases where more information will muddy the waters, rather than clear them.
These schools and training institutes offer complete assistance for their students to learn every required skill to become a safe and reliable driver. In addition, many of these schools also offer proper assistance to their students in finding a good job as a trucker. Professionally, a truck driving job is considered as a high salaried job and hence, many people look forward to get in the trucking industry as a driver. These CDL training schools train these people to easily handle the pressures and responsibilities of a truck driver. Furthermore, these trucker training schools are also important because they make every truck driver aspirant aware of all necessary legal traffic regulations of their state and other states. Another advantage of these training schools is that they ensure that no unskilled and unprofessional person may enter in the profession of truck driving. This helps in reducing the fatalities in road accidents involving heavy motor vehicles.
Eastman, J. K. (2001). The Relationship between Ethical Ideology and Ethical Behavior Intentions: An Exploratory Look at Physicians' Responses to Managed Care Dilemmas. Journal of Business Ethics, 31(3), 209-224. Retrieved from http://eds.a.ebscohost.com.library.gcu.edu:2048/eds/detail?vid=5&sid=130cadee-b6c4-4c44-afb0-033cf3dd4548@sessionmgr4004&hid=4210&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ==#db=bth&AN=12250402
The term “ethical business” is seen, by many people, as an oxymoron. This is because a business’s main objective is to make as much money as possible. Making the most money possible, however, can often lead to unethical actions. Companies like Enron, WorldCom, and Satyam have been the posterchildren for how corporations’ greed lead to unethical practices. In recent times however, companies have been accused of being unethical based on, not how they manage their finances, but on how they treat the society that they operate in. People have started to realize that the damage companies have been doing to the world around them is more impactful and far worse than any financial fraud that these companies might be engaging in. Events like the BP oil
1(a) The study of moral commitments is how DuBrin (2004) sees the definition of “ethics”. Determining what is accepted as right and wrong, serves as the foundation for determining what is the most viable option.
In 1896, the first truck was built was built by Gottlieb Daimler. It was a small 2 cylinder, 4 horsepower vehicle called “vehicle no 42”. It was nicknamed the “horseless wagon” because it basically looked like a wagon with a very little motor attached. Many were skeptical of the vehicle and were not willing to give up their horses and wagon. It wasn’t until the early 1900s when factories began to mass-produce the truck. Many people began to alter their own vehicles by removing the replacing the rear of their vehicle with an open topped box and the truck was born. Ford Motor Company was the first manufacturer to offer the choice of an add-on bed to their popular Model-T in 1925. At first the truck was very popular among farmers and ranchers but its popularity quickly spread and since then the truck has continued to become more and more popular among all people. “During the 1950s, consumers started purchasing pickup trucks to improve their self-image. This shifted perspectives on the utilitarian value of pickup trucks to one focused solely on aesthetic appeal.”( http://www.thetruckersreport.com/trucking-timeline-vintage-and-antique-truck-guide/) Today trucks come in all shapes and sizes and it is a very competitive industry as consumers continue to love the truck not only for its ruggedness but also for the luxuries it offers them.
According to Aquilano, Chase, and Jacobs (2005), "Operations management (OM) is defined as the design, operation, and improvement of the systems that create and deliver the firm's primary products and services" (p.19).
During the last few years, Harry Davis Industries has been too constrained by the high cost of capital to make many capital investments. Recently, though, capital costs have been declining, and the company has decided to look seriously at a major expansion program that had been proposed by the marketing department. Assume that you are an assistant to Leigh Jones, the financial vice president. Your first task is to estimate Harry Davis’s cost of capital. Jones has provided you with the following data, which she believes may be relevant to your task.
Transportation is vital to a nation's economy. Reducing the costs of transporting natural resources to production sites and moving finished goods to markets is one of the key factors in economic competition. The transportation industry is the largest industry in the world. It includes the manufacture and distribution of vehicles, the production and distribution of fuel, and the provision of transportation services. In the 1990s, approximately 11 percent of the U.S. gross domestic product and an estimated 10 percent of all jobs in the United States were related to the transportation industry.