Engineering High School

Why are traditional car companies competing with each other to provide various offerings of hybrid or electric cars to its customers?

Answers

Answer 1

Traditional car companies are competing with each other to gain a competitive advantage in the business field over other companies by offering hybrid or electric cars to their customers.

What do you mean by competitive advantage?

Competitive advantage is referred to as elements that permit a business enterprise to provide items or offerings higher or extra affordable than its rivals.

These elements permit the effective entity to generate extra income or advanced margins as compared to its marketplace rivals.

Thus, Traditional car companies are competing with each other to gain a competitive advantage in the business field over other companies by offering hybrid or electric cars to their customers.

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Related Questions

A bridge a mass of 800 kg and is able to support up to 4 560 kg. What is its structural efficiency?

Answers

Answer:4560÷800=5.4

Explanation:

Est = DL / W

EST=4560/800=5.7

Determine the dimensions for W if W = P L^3 / (M V^2) where P is a pressure, L is a length, M is a mass, and V is a velocity.

a. M
b. L / T
c. M L / T^2
d. M / (L T^2)
e. No dimensions

Answers

Correct answer is option E. No dimensions

As we know formula Pressure (P) is [tex]\frac{F}{A}[/tex]

also,

Dimensional formula of Pressure is [tex]M^{1}L^{-1}T^{-2}[/tex]Dimensional formula of length is L Dimensional formula of mass is MDimensional formula of velocity is [tex]L^{1} T^{-1}[/tex]

So, as given W=[tex]\frac{P*L^{3} }{M*V^{2} }[/tex]

Dimensional formula of W =[tex]\frac{M^{1}L^{-1}T^{-2} L^{3} }{M^{1} L^{2}T^{-2} }[/tex]

since all terms get cancelled

Work is dimensionless i.e no dimensions

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