The Automotive Industry In the United States Essay

The Automotive Industry In the United States - Essay Example Fundamentally, the automotive industry is a textbook example of an industry where economies of scale pay a very important role. While there may be dozens of players around the world who produce, support and work with the industry, there are only a few producers who can claim to have a significant share of the market. Similarly, even though cars are produced in almost every developing and developed nation, only a few countries contribute in a significant manner to the global car production and consumption statistics.Market ConcentrationIn the automotive industry the big three (Ford Motor Company, General Motor Corporation, Chrysler) dominate the market. Ford motor Company (Ford) and General Motor (GM) are the two world’s largest car producers with a joint market share   between 21% and 25% (Guerzoni, 2001). Market concentration of Ford and GM can be measured using a precise concentration measuring tool. The H Index is obtained by squaring the market-share of the players, and then adding up those squares. The H index for Ford and GM is 1066. This figure is a sign of moderate market concentration of the two major producers. Rivalry in the industry is measured by Concentration Ratio. Like H index, this is another measure and is expressed in the terms CRx, which stands for the percentage of the market sector controlled by the biggest x firms. For example, CR2= 46% for Ford and GM. The automotive industry produces a higher level of output in the US than any other single industry, with the rate consistently growing.

Music Essay Example | Topics and Well Written Essays - 500 words - 16

Music - Essay Example The attractiveness of the melodies and careful incorporation of romantic sounds largely and continuously changes the mood of the listener to a more passionate frame of mind. Capriccio is definitely a song that I would love to continuously play when I want to relax my mind. The music, which is played by trumpet, piano and baritones, is expressively turned with great performance straight from the vocal part. The music literally raises tremendous memories of the autumn season regardless of how far the season could be through its expressive simultaneous performance of the musical instruments and the vocal part, which remains, breathtaking and propulsive throughout the song. The song remains one of the greatest arrangements of the first brass quintet that is deliberate and harmonious that describes the romantic melancholy of the autumn season. Autumn is a song that one can repeatedly listen to just to remind the listener of the great and beautiful memories of the autumn season. This song is plainly a beautiful performance that is incorporated with much intimacy and erotic smouldering that worth the occasional listening. The artistical blend of tenor and trombone and strings and the vocal part confirms the sweet musical combination that originates from the song. The variations of the strings and the tenor trombones arouses the listeners feelings and emotions thus compelling the listener to listen more and more with a thrilling feeling and emotions. Concerto is a song that will continue ringing into the ears and head of the listener even if it is not playing due to its melodious tunes. This is a song that I would heartily recommend to be one of the greatest jazz ever since because of the way it is wonderfully expressed with powerful movements of the artists. It undoubtedly stirs up the listener with its classical combination of guitars and the trombone which turns it to be a pacesetter in the innovative standard of jazz. Naked as a Jaybird