Tata Motors Assignment Example | Topics and Well Written Essays - 1000 words

Tata Motors - Assignment Example To respond to the market needs, automotive manufacturers have expanded their range of products through extensive research and development (Ireland, Hokisson & Hitt, 2011). According to the law of demand, when all factors are held constant a good that is highly priced will attract less demand. As such, sales are fewer when the products are highly priced. The automotive market has exploited this law of demand to its advantage (Harrison, 1993). The industry has in the recent past increased capacity to develop and produce affordable cars. Brands such as Tata Motors have invested in research and development to identify ways of cutting costs. Reduction in costs leads to the production of affordable cars and as such creating demand. A, B and C denote points on the demand curve. The points reflect the correlation between the quantities (Q) required and the particular price (P) associated with the  demand. From this it clear that highly priced automotive products have over the years experienced lesser demand. The law of supply demonstrates what quantities of automotive items are to be sold at individual prices. According to this law, a higher price leads to higher supply of automotive products. Tata Motors, like other players in the auto industry, responded to this law by producing more units when the prices are higher so as to increase revenues. Unlike to demand relationship, relationship of supply has a component of time. As such, many players of the automotive have reviewed how their ordering processes are done. Many industry players are allowing for invoicing twice a month as compared to initial practices of invoicing once a month. The follow graph is an illustration of this law: In the automotive industry, equilibrium of demand and supply has been in existence in the recent years. Growth of industry is attributable to the fact that the provision of the automotive matches with the

Bauhaus by Walter Gropius Essay Example | Topics and Well Written Essays - 500 words

Bauhaus by Walter Gropius - Essay Example Looking out from the building means seeing lines that obstruct the windows and frame them into multiple small panels. The building uses long floors through which the experience of being on the interior reflects a restricted, ordered feeling, based upon the way in which the exterior seems to promote long rectangular shapes. Movement inside the building would provide a reflection of the exterior through interior spaces that are interpreted as a reflection of the continuation of that aesthetic. From the external descriptive perspective, Gropius’ work reflects the avant-garde elements of architecture that arose through the period of the Modernists. The World Heritage List reports that â€Å"It made a major contribution to breaking ‘the power of tradition’, not only in the field of architecture, but also in the design of articles of everyday use and in advertising, creating a new language of form†. The period in which it was built was processing the world throug h an understanding of industrialization and human beings as they fit into an industrialized world. The intention of the work was to reflect a fusion of craft and industry, supporting the concept that â€Å"there is no distinction between monumental and decorative art†. The new aesthetics that were being taught at the time that this building was constructed were based upon the idea that the old world ideas about craft could be implemented into new world ideals that used modern materials and high quality craft, but reflected the aesthetics of the manufactured.