NMO S4 SPRINT ONE | BUSINESS CASE SCENARIO - 02
Submission BCS
SPRINT ONE
Submission Date & Time: 2021-11-25 10:14:26
Event Name: NMO S4 Sprint One - I Business Institute
Solution Submitted By: Shikha
Assignment Taken
Business Case Scenario 02- “SPRINT ONEâ€Case Understanding
India is having a vast scope of renewable energy. One of the sectors is Automobile. Automobile sector has taken several giant steps in this direction around the world recently but Indian market is still at an infant stage. As compared to other countries, the market share of electric vehicles is extremely low in India. This document aims in making more electric commercial vehicles in India as Government target for 30% adoption of electric vehicles by 2030.BCS Solution Summary
The solution proposes that we have to make electric two-wheeler, three-wheeler and commercial vehicles in India by producing less the vehicles which runs with the help of fuels, as it is both cost effective and hazardous for the environment. Our team is supposed to make electrical vehicles for which we have allotted the personal fund of Rupees 46Lacs and additional fund we can take as loan of Rupees 60Lacs. By using the resources available to us, we have to make the vehicles which will be eco-friendly. We can further expand our company by producing the charging stations, making the components like batteries and other parts of our vehicle.Solution
The growing world is always coming up with the inventions everyday in every sectors. India is always ahead of coping-up with the competitions coming on it’s way of development. Although India is a developing company, but it never fails to meet the challenges coming across.
In the context of the SPRINT ONE, Indian government has decided to make electrical two-wheeler, three-wheeler and commercial vehicles to minimise the use of fuels in the vehicles. We have therefore assigned with some details to use which have to take care of while producing such vehicles.
As per the data, 230 million vehicles have been registered in India and the market is growing continuously. For that 46lacs internal and 60 lacs external funds can be raised. Our team has 8 members and have workstations with the rent of Rupees 3000/month in a Bangalore city. 2 of our team members are mechanical engineers & 1 member is an electrical engineer. Our start-up is also having 1 computer science graduate. 2 team members have left their marketing jobs from reputed automobile companies. Remaining 2 members have recently completed their post graduate management program.
Based on the data we have decided to make electrical commercial vehicles for which certain plans and policies have been made by different departments of our company.
COMPANY PLANS AND DETAILS:-
COMPANY NAME- ECO-ELECTRICAL VEHICLE LTD.
COMPANY TAGLINE- GET GREEN GO ELECTRIC
SOLUTION BY DEPARTMENTS-
FINANCE DEPARTMENT:
The Electric Vehicle Industry in India is low as compared to other countries but will be growing industry. The central and state governments have launched schemes and incentives to promote electric mobility in the country and some regulations and standards are also in place.
As per the data, the total number of registered vehicles in India is 230 million and the market is growing continuously. The government target for 30% adoption of electric vehicles by 2030 will be majorly driven by the electrification of two-wheeler, three-wheeler, and commercial vehicles.
In the case study, we have given a corpus fund which is a personal investment by all the members of the team of Rs.46 lakh and have the option to take loan of 60 lakh if need arises at 16% fixed rate of interest.
Start up required coworking space for 8 people at a monthly rent of 3000/ workstation…
hence total amount for 8 people for a month:- 3000*8
total amount for a year :- 3000*8*12 = 288000
ANNUAL OPERATING PLAN FOR FINANCIAL YEAR 2021-2022
Cost of 1 electronic car :- 700000 (4,00,000 for battery, 2,00,000 for design and 100,000 for other expenses)
In first year, we are producing 10 electronic car.
Cost of 10 car :- 7,00,000 * 10 = 70,00,000
We have taken loan for 50 lakh in the first year.
Total amount in the starting: 46 lakh+ 50 lakh= 96 lakh
Total amount at the start of year 96,00,000
Less: Cost of 10 car 70,00,000
Amount left 26,00,000
Less: interest on loan
(50,00,000*16%) 800,000
Less: rent of workstation 2,88,000
Less: Salary of member (given 35000/
Member, as we have shortage of fund) 2,90,000
Amount left 12,22,000
Less: Amount spent by IT Dept. 50,000
Less: Amount spent on Marketing 3,00,000
Less: Amount spent on Training 2,00,000
Amount left at the end of year 672,000
Now, Our selling price for 1 car is Rs. 13 Lakh
And we assume that we are able to sell 60% of car
Financial plan for Second year
Amount from sales: 13lakh * 6 (10 car*60%) = 78 lakh
And will take loan of another 10 lakh
And issue share in the market for 30 lakh
Total fund at the start of 2nd year is 78,00,000 + 10,00,000 + 30,00,000 + 672000 (amount left from the first year) :- 1,24,72,000
This year, salary will increase from 35000 to 36500.
In second year, we will produce 15 car.
Total amount at the start of year 1,24,72,000
Less: cost of 15 car 1,05,00,000
Amount left 19,72,000
Less: Interest (60 lakh* 16%) 9,60,000
Less: Rent of workstation 2,88,000
Less: Salary (36500*8) 2,92,000
Amount left 4,32,000
Less: Amount paid on marketing 1,00,000
Amount left 3,32,000
Less: 5% Dividend paid to shareholders
(30,00,000*5%= 1,50,000) 1,50,000
Amount at the end of year 2nd 1,82,000
For 3rd year
we assume that we are able to sell 12 car
Sales : 13,00,000 * 12 = 156 Lakh
Amount at the start of 3rd year:- 156 lakh+1,82,000 = 1,57,82,000
Salary will increase from 36500 to 38000.
Amount in the starting 1,57,82,000
Cost of 20 car :- 1,40,00,000
Amount paid 17,82,000
Less: interest 9,60,000
Less : Salary 3,04,000
Less: rent 2,88,000
Amount left 2,30,000
Less: 1% dividend to shareholders 30,000
Amount left at the end of third year 2,00,000
FOR 4TH YEAR:
we assume that we are able to sell 18 car
Sales :- 18* 13 lakh= 234,00,000
Salary will increase to 42000
Now producing 25 car
Amount at the start of year 2,36,00,000
Less: loan repaid of 35 lakh 35,00,000
Amount left with business 2,01,00,000
Less: Cost of 25 car 1,75,00,000
Amount left 26,00,000
Less: Interest (25 lakh* 16%) 4,00,000
Less: rent 2,88,000
Less: Salary 3,60,000
Amount left 15,52,000
Less: Amount paid on marketing 5,00,000
Amount paid 10,52,000
Less: 10% dividend paid to shareholder 3,00,000
Amount left 7,52,000
FOR 5TH YEAR
we assume that we are able to sell 25 car
Sales: 25*13 lakh = 325 lakh
Amount paid at the start of the year :- 325lakh+ 752000 = 3,32,52,000
Producing 35 car this year
Salary increase to 50,000
Amount in the starting :- 3,32,52,000
Less:- repaid remaining 25 lakh loan 25,00,000
Amount left 3,07,52,000
Less: cost of 35 car 2,45,00,000
Remaining amount 62,52,000
Less:- Rent 2,88,000
Less:- Salary 4,00,000
Amount left 55,64,000
Less: Amount paid on marketing 10,00,000
Amount left 45,64,000
Less : 10% dividend 3,00,000
Amount at the end of 5th year 42,64
MARKETING DEPARTMENT
On average, Salesforce helps our customers boost their sales by 37%. But the benefits of Salesforce CRM for small business don’t end when you make a sale. Customer service benefits, too. Our solutions help to build stronger relationships with your current customers, win new ones, and accelerate business growth. And intelligent marketing automation helps you focus resources on the tasks that really add value, while a common platform for all your data helps to build strong relationships across all your channels, including social, Web, email, and customer call center.
OEMs should also give dealers incentives to increase the number of test drives, which would expose more customers to the new technology. OEMs could, for instance, encourage dealers to reach out to target groups, such as taxi companies and mobility providers, to get additional prospective customers behind the EV wheel. Finally, OEMs should ensure that all showrooms prominently display the entire EV portfolio (including wallbox and charging solutions) and that customers can explore them with digital tools.
EVs are more efficient. Up to 80 percent of the battery energy powers the vehicle, compared to 14% to 26% of the energy from a gasoline-powered car.
Many electric car models have additional desirable features such as park assist cameras, high resolution intelligent displays, touch-screens, 30 minute rapid charging capability, automatic wipers and lights, funky design and environmentally friendly components.
Beyond rapid acceleration, Eco Electrical is also known for itslong range battery electric vehicles. Range e defined as the distance a vehicle can travel without needing refueling or recharging e is a performance attribute that some have argued shows electric vehicles could follow a disruptive path and. This is because range has generally been a limiting factor for electric vehicles, and of great concern to customers.
Figures for Marketing:-
- Advertisement on T.V – 2,00,000/Yr
- Advertise on Hoardings – 1- Mumbai 25,000 (5 hoardings), 2- Gujrat- 20,000 (3 hoardings) , 3- Bangalore- 65,000 (3 hoardings).
- Car Expo – 1,50,000
- For test driving – 40,000
IT DEPARTMENT
Case Understanding:
In a country like India, Most of the people are dependent on fossil fuels based transportation. Government of India is aiming to promote electrical vehicle usage in the country. The government targets for 30% adoption of electric vehicles by 2030. There are some issues due to which people are less keen to buy EVs: which are: 1) India is not having as much of electric Charging stations, People are afraid of battery reliability. 2)Indians want economic product with long time durability, lack of Instances etc.
BCS Solution Summary:
Establishing workstation in Banglore, IT hub, It will not be simple to fetch attention of people in the crowd of new startups of EVs, We would need to work on more and more digital advertisement for our Product. There can be various ways of spreading awareness about EVs, we can run advertisements on social medias and run our Ads on billboards in Banglore city. To efficiently record, maintain, analyse and derive conclusions to make business decisions we will need a Management Information System (MIS) to keep track of all activities of the product. Also, in line with marketing strategies, we will need an mobile application.
Solution:
According to IT department the company should emphasize on app development. The IT and business analysis department will help in effectively organizing data and analyse it and then look for ways of expansion in the business. It will analyse the fluctuations in demand and social media feeds, proximity to market criteria. For example: People would be more interested in online purchasing when there is no market in the nearby area. Hence these points should be considered before moving ahead. It will then help the senior management officials to arise to conclusions for business expansion. It's important to have an attractive logo that represents the company and clearly stated its vision. Also there would be forecasting of data which will help analyse the situation more clearly with IT tools and coordination between departments.
BCS Solution:
The main objective of the company is to provide electric cars at affordable cost with easy access and full liability. What we need for the expansion plan is the right direction to solve the challenges and analyse and form conclusions based on previous year performance. As an IT and business analyst the company in order to plan for expansion and successful operation of business is required to pursue certain steps:
1. Reducing the costs and managing expenses. As we know that COVID period is going on and there is no as such need for visiting office. The tasks which needs only a computer set, can be assigned daily and completed online. So as per need company can avoid renting space and instead work from home that would save the office rent expense.
2. For market identity, company needs a logo, which will represent company's vision which will in long term turn into a brand.
3. Expansion in target audience. What is required for a company to achieve success is its strong customer base. Currently the company targets only the youth but after 3 years we will also expand our business for other segments of the society.
The IT department is focused along with other departments to aim at the objective of providing electric vehicles. The IT department is planning for a mobile based application system that would provide convenience to customers and would include some special features like: Chat Bot system where customers can share their viewpoints and chat with us to clear their queries. The company could use software’s like Tableau, Octave. These are some of the software that would help analyse the data better and would instantly highlight your errors and accordingly guide you. Octave is a free software, which also does not require a proper technical personal to operate, any non technical personal can easily work on that.
App development:
According to IT department the company should emphasize on app development. It is advantageous because:
It's a long term benefit initially it would add a certain cost but that would be an investment for future.
It will help customers actively engaged in company's features and new innovations and increase their reward points. We will set the product price in that manner so that customers' can
afford it and control vehicle through our company's mobile app. For charging stations we will also keep a feature through which customers can easily track the charging stations near them and book the slot and pay digitally.
MIS:
Management Information System is important to keep a track of the day-to-day activities. It could be used to draw insights of the overall operations, logistics, market data, clients, financial analysis, building business models, etc.
The proposed MIS would include a real-time analysis of the logistics and fast-tracked reporting capabilities that would be covering from the point of origin to the point of consumption data. This would help in identifying the improvement or weak areas of the chain to integrated them for achieving cost effective alternatives. The key features would include the following:
*Business analysis for the comprehensive logistics system.
*Interactive interface for all the logistics dashboards to keep record.
*Easy standardization of all the logistics reports.
*Periodic analysis of the business i.e. daily, weekly, monthly, quarterly and yearly in a standardized format.
*Comparisons of the company performance, per delivery profit/loss analysis.
*Business continuity analysis in case of unprecedented times like accidents and breakdowns.
*Industry and competitor analysis, customizable information dashboards according to the changing business requirements.
The whole MIS is divided into 4 step analysis:
1. Selection of the product by the customers.
2. Procurement which includes the forecasting, purchasing, ordering and receiving.
3. Distribution which includes warehousing, packaging, processing the orders.
4. Final delivery.
Management principles used:
1. Risk analysis is important as the plan would be in compliance with the market need gap analysis. Launching in a new place, competitors, industry disruptions etc. would be taken into account.
2. Business Intelligence could be used to analyze the quarterly analysis comparing to the past reports. It would help in making strategic decisions and identifying bottlenecks in the process.
3. Security analysis for the cloud. As the data would be available in the cloud database there are security measures which should be incorporated. Blockchain could be used for such management.
4. Business continuity plans for unprecedented times such as system breakdown, accidental disruptions in the system, power failures etc. to keep the systems accessible and functional for the business.
5. Real-time performance tracking would help in changing the system process according to the changing requirements.
Technologies:
1. AI/ML/IoT to understand the needs of the customers and provide a seamless user interface for the customers for ordering through apps. Providing recommendations based on previous ordering. Chatbots for customer service and feedbacks.
2. Signal processing in order to live track the orders both for the company as well as for the clients/customers.
Benefits:
- Accurate data availability for apt business decisions.
- Increase in the transparency of the operations which helps in identifying the bottlenecks.
- Easy competitor analysis in order to make better strategic decisions to maintain an upper hand in the industry.
- Continuous improvements by comparing the decision parameters incorporated in the company.
- The information available to the top management at one place for all the logistics.
- Identifying the opportunity areas to strengthen the business.
Conclusion:
The IT department along with other departments has worked in Synchronisation and coordination to suggest and implement the various optimized and innovative solutions like social media platform, mobile application, expanding target audience, using of software’s like Tableau, Octave etc. to ensure smooth running of Sprint one EVs. This software is comparatively less costly and even free for a certain period of time could be used non-technical also. To conclude is required to expand by increasing its target audience i.e. the customer base and work on app development, should focus more on collaborations and expanding the digital presence rather than physically spending on office rent they should continue to expand their customer base. After a certain period when the revenues are high on curve they should go ahead with physical settlement in cities.
HUMAN RESOURCE DEPARTMENT
TRAINING, DEVELOPMENT AND RETENTION PLAN WE ARE HAVING A STARTUP OF PRODUCING ELECTRIC VEHICLES THAT ARE COST FRIENDLY, NO PETROL OR DIESEL REQUIRED, LOW MAINTENANCE AND AS ALL OF THEIR POWER IS GENERATED FROM A STANDING START, THEIR ACCELERATION CAPABILITY CAN SURPRISE. THEY ARE MORE SPACIOUS DUE TO LACK OF LARGE ENGINES; THEY ALSO OFFER SMOOTHER DRIVES WITH LOW LEVEL OF NOISE. INCREASE IN THE NUMBER OF CHARGING POINTS WILL ENSURE HIGH DEMAND FOR ELECTRIC VEHICLES AND MORE COMFORT TO THE USERS AND MANUFACTURERS. IN BUSINESS, A HR HEAD PROVIDES HUMAN CAPITAL TO ALL DEPARTMENTS, FINANCE HEAD TAKES CARE OF THE MONETARY ASPECTS AND IT HEAD TAKES CARE OF THE TECHNOLOGICAL ADVANCEMENTS REQUIRED IN THE ORGANISATION. EVERY FUNCTION IN BUSINESS IS INTERRELATED AND ONE IS INCOMPLETE WITHOUT OTHER. HERE IS THE HR PERSPECTIVE OF THE PROBLEMS INVOLVED IN THE CASE: 1 – WE DON’T HAVE ENOUGH FUNDS IN THE ORGANISATION TO FULFIL THE REQUIREMENTS OF EXISTING TEAM MEMBERS AND TO HIRE A NEW BATCH IN THE ORGANISATION. 2 – EXISTING TEAM MEMBERS HAVE TWO MECHANICAL ENGINEERS AND ONE ELECTRIC ENGINEER BUT NO ONE IS PROPERLY TRAINED ENOUGH TO MANUFACTURE A ELECTRIC VEHICLE. SOLUTIONS OF THE PROBLEMS LISTED: PROBLEM OF LESS FUNDS IN ORGANISATION ACCORDING TO THE REQUIREMENTS LEADS US TO CUT SOME PART OF SALARIES OF THE TEAM MEMBERS RIGHT NOW BY PROVIDING THEM Rs.35000/- per MONTH UNTIL THE TIME ORGANISATION DON’T START TO EARN PROFITS. AND AFTER SOME PROFITS GENERATED, WE ARE PLANNING TO GIVE REWARDS AND INSURANCE POLICIES FOR THE EMPLOYEES AND THEIR FAMILIES. REGARLESS TO SAY, RATHER THAN JUST MONETARY BENEFITS WE WILL ALSO PROVIDE EACH MEMBER SOME BENEFITS AT WORK INCLUDING CONVINIENT WORKING HOURS AND LEAVE, SKILL DEVELOPMENT AND GIFTS ON EACH ACHIEVEMENT. FOR THE TRAING AND DEVELOPMENT PART, HERE ARE SOME SKILL SETS BEING REQUIRED BY THE ENGINEERS TO GET EXPERTISE AND IN-DEPTH KNOWLEDGE REGARDING ELECTRIC VEHICLES: A – CROSS DOMAIN ENGINEERING SKILLS. B – SUBJECT MATTER KNOWLEDGE IN: i) ELECTRIC POWERTRAIN CONTROL FEATURES ii) MATLAB, SIMULINK iii) VEHICLE MECHANICS iv) ELECTRIC MOTOR DESIGNS v) BATTERY ENGINEERING AND BATTERY MANAGEMENT SYSTEM vi) VEHICLE AND SYSTEM INTEGRATION vii) TESTING, VALIDATION AND CERTIFICATION PROCESS viii) SENSING AND ACTUATION TECHNOLOGY ix) SIGNAL/ IMAGE PROCESSING AND DATA FUSION x) EMBEDDED C PROGRAMMING AND ECU KNOWLEDGE xi) CAN AND RELATED PROTOCOL KNOWLEDGE xii) CONTROL SYSTEM DEVELOPMENT xiii) MODEL BASED DESIGN C – EMBEDDED PRODUCT DEVELOPMENT INCLUDING VARIOUS DATA NETWORKING PROTOCOLS DEPLOYED IN AND OUTSIDE VEHICLE D – UNDERSTANDING PROTOTYPING INCLUDING HARDWARE DESIGN, SOFTWARE DEVELOPMENT, EMC COMPLIANCE AND FUNCTIONAL TESTING E – ANALYTICAL, PROBLEM SOLVING AND CREATIVE SKILLS, COMMUNICATION SKILLS. FURTHER THERE ARE MANY MORE SPECIALISATIONS SUCH AS MOTOR DESIGN, VEHICLE ECU DESIGN, POWERTRAIN DESIGN, PROGRAMMING, TESTING AND VALIDATION PROFILE AS THE ORGANISATION PROGRESSES AND EXPANDS. HIRING AND RETENTION PLAN FOR FIVE YEARS FIRST YEAR PLAN: AS THE ORGANISATION HAS JUST STARTED, WE HAVE PLANNED TO MANUFACTURE 50 ELECTRIC VEHICLE CARS. AS ESTIMATED THE TRAINING PART WILL HAVE AN EXPENSE OF 5 LAKHS IN THE FIRST YEAR, Rs.35000/- PER MONTH BEING PAID TO EACH TEAM MEMBER UPTIL THE TIME SALE STARTS AND 5% OF THE PROFITS WILL BE DISTRIBUTED AS INCENTIVE OF THE FIRST FIVE CARS SOLD. BONUS WILL ALSO BE PROVIDED TO EACH TEAM MEMBER ON EVERY OCCASION. FEEDBACK FORMS OR DIRECT FEEDBACK WILL BE APPRECIATED AND TAKEN POSITIVELY. TRAINING AND DEVELOPMENT PART WILL ALSO BE INITIATED FROM THE FIRST YEAR ITSELF ACCORDING TO TOPICS THAT EXPERTS FEEL ARE MOST REQUIRED. ALONG WITH IT, THE PROPER COORDINATION AMONG THE TEAM MEMBERS WILL BE PROMOTED SO THAT THEY COMBINELY ACHIEVE OBJECTIVES EFFECTIVELY AND EFFICIENTLY. SECOND YEAR PLAN: AS TARGETTED, WE WILL ACHIEVE SOME SALES BY NOW AND MIGHT HAVE EARNED SOME PROFITS. SO FROM THIS YEAR WE WILL BE HIRING SOME INTERNS ON MONTHLY BASIS WHICH WILL BENEFIT THEM AS WELL AS THE COMPANY BY HAVING LESS EXPENSES AND BE ABLE TO ACHIEVE TARGETS AS PLANNED. FROM THIS YEAR, WE MIGHT BE ABLE TO PROVIDE OUR TEAM MEMBERS THE REQUIRED Rs.50000/- PER MONTH AS DEMANDED BY THEM EARLIER. AS THE TRAINING WILL CONTINUE THIS YEAR AS WELL FOR THE PART OF GROWTH TO TEAM MEMBERS AND NEW INTERNS WILL HAVE SPECIAL TRAINING CLASSES AS WELL WHICH WILL COST AROUND 10 LAKHS PER ANNUM. THIRD YEAR PLAN: FROM THIS YEAR, WE WILL BE REQUIRING SOME PERMANENT EMPLOYEES ACCORDING TO THE SPECIALISATION REQUIRED LIKE FOR SOFTWARE DEVELOPMENT, TESTING AND VALIDATION JOB, ETC. FROM THIS YEAR EVERY TEAM MEMBER WILL BE GETTING INCREMENT OF 4% OF THEIR INCOME AND NEW HIRED EMPLOYEES i.e. 10 EMPLOYEES FOR 10 DIFFERENT SPECIALISATION WILL BE GIVEN MINIMUM OF Rs.40000/- PER MONTH AS A COMPETITIVE SALARY AND INCREMENT WILL ALSO BE THERE ACCORDING TO THE ROLE IN THE ORGANISATION. WE WOULD ALSO BE ENTERING INTO IPO’s THIS YEAR AND WILL BE PROVIDING ESOPs TO ALL THE CURRENT EMPLOYEES. EXISTING TEAM MEMBERS WILL BE PROMOTED ACCORDING TO THEIR PERFORMANCE. NEW EMPLOYEES WILL ALSO BE GETTING SOME SORT OF ADVANCED LEVEL TRAINING ACCORDING TO THEIR SPECIALISED BRANCH WHICH IS ESTIMATED TO COST AROUND 20 LAKHS AS THE NUMBER OF EMPLOYEES INCREASED. FOURTH YEAR PLAN: IN THIS YEAR, NEW POLICIES WILL BE MADE FOR THE EMPLOYEES BENEFIT REGARDING THE INSURANCE PROVIDED TO THEM, PENSION PLANS AND RETIREMENT PLANS. AS A TOKEN OF MOTIVATION, EVERY EMPLOYEE WILL BE GIVEN EXTRA STOCKS IF THEY WILL BE ABLE TO GET SOME REPUTED SHAREHOLDERS FOR THE ORGANISATION. PROMOTION WILL BE PROVIDED AS PER THE PERFORMANCE. REWARDS AND BONUSES IN THE FORM OF CASH OR SOME DISCOUNTS OR GIFT CARDS WILL BE PROVIDED AT EVERY OCCASION AND INFORMAL PARTIES WILL ALSO BE THERE FOR REFRESHMENT. PROPER CLEANLINESS AND HEALTHCARE WILL ALWAYS REMAIN PRIORITY. HOLIDAY PACKAGES WILL ALSO BE PROVIDED TO SOME HARDWORKING EMPLOYEES WHOSOEVER PERFORMS THE BEST. FIFTH YEAR PLAN: AS PER THE REQUIREMENTS, NEW EMPLOYEES WILL BE HIRED AND PAID ACCORDING TO THE COMPETITIVE SALARY IN THE MARKET AND THE KIND OF JOB THEY ARE PERFORMING. ESOPs, REWARDS, BONUSES, INSURANCE POLICIES, GIFT CARDS AND MEDICATION WILL CONTINUE TO EXIST. TRAINING OF NEW EMPLOYEES AND THE PREVIOUS ONES WILL BE CONDUCTED AS PER REQUIRED AND PROMOTIONS WILL ALSO BE GIVEN ACCORDING TO THEIR PERFORMANCE.
Conclusion
From the above department's view we will produce an effective and affordable electric vehicles for reaching the government goal of 30% electrification of the commercial vehicles by 2030. Heads of the departments have given their ideas for our company for next 5 years and after a year we will also try to expand our start-up by manufacturing more and more vehicles.Attached File Details
Comments
Article Type: Business Case Scenario, Case Study Solution Submission
Business Case Detail
Title: NMO S4 SPRINT ONE | BUSINESS CASE SCENARIO - 02
Type: Case Study
Stream: Management
I Business Institute
Team SPIRIT
Total Team Points: 31500
Invincible Ingenuity
Total Team Points: 23000