Friday, November 29, 2024
Saturday, November 16, 2024
Project One: Executive Summary
Project One: Executive Summary
Problem:
The United States automotive industry suffers from a severe lack of environmentally friendly vehicle options that can a): reduce emissions and b): travel in a fuel-efficient way (Garsten, E, 2021). This is a major issue as our society finds itself at cross-roads between fossil fuels and clean energy; diversifying into the Hybrid & Electric Manufacturing Industry not only innovates our existing offers; but also gives new, and more sustainable options to an ever-growing environmentally conscious consumer base (Martins, A, 2024). In order to support our diversification strategy, I will be using both quantitative and qualitative data. Quantitative data such as gas milage, energy usage, revenue and vehicle production cost will be the primary contribution to this presentation. But qualitative data, like consumer feedback, and preferences will also play a significant role in our diversification strategy, especially as consumer behavior is greatly impacted by strong consumer service and satisfaction policies.
Automotive Manufacturing Industry:
The United States automotive industry saw "low consumer confidence and low business sentiment" (IBIS World, 2024) during the COVID-19 pandemic that discouraged consumer behavior, reducing the automotive revenue by -13.6% in 2020 (IBIS World, 2024). Later seeing revenue growth of 6.9% in 2022, stagnating out at less than 1% growth in 2023 and 2024, expected to see further stagnation in coming years. Currently value of the industry, as measured through over-all revenue is $41.5bn (IBIS World, 2024). There are three large "automotive hubs" in the United States; the biggest of which is located in the Great Lakes region, most notably the state of Michigan. The Great Lakes region amounting to 25.99% of establishments, holds many of the largest U.S automotive manufacturers including the General Motors Company (GM and Ford Motor Company (Ford). The second largest-hub is the Southeast U.S amounting to 23.07% of automotive manufacturers. Lastly the third major hub is the Western states, amounting to 17.2% of all establishments. Alternative and environmentally-friendly vehicles have steadily grown in demand, reaching 13.80 million electric cars in 2023 (Our World in Data, 2024). Additionally, U.S car demand varies dramatically depending on segment or model, with Crossover holding the largest share of 45.1% in Jun, 2022. Pickups at 19.3% and small cars at 7.1% (Carlier M, Statista, 2022).
Purchasing trends in the U.S automotive industry has been towards Crossover's, Pickups and small Cars. New Gasoline engines make up 59.9% of new car sales or $24.9bn in revenue, while automotive parts make up 29.1% of revenue for the industry or $12.1bn. Numerous auto-parts like pistons make up 7.6% or $3.2bn while rebuilt gasoline engines make up 3.4% or $1.4bn (IBS World, 2024). Hybrid and Electric vehicles have seen a "booming rise" in sales in 2024; with Hybrids growing by 50% in sales during the first two months of 2024 alone (Carter, T, 2024).
New Industry:
Major products of the Hybrid & Electric Manufacturing industry are very similar to that of the classic Automotive industry in the United States. The industry saw 36.2 % growth from 2019 to 2024, and is expected to see 9.7% growth from 2024 to 2029 (IBS World 2, 2024), signaling huge potential for further growth. As consumers become more and more environmentally-conscious, it is expected that'll influence the market leading to further growth. With 269 establishments, the main competitors are Tesla, Inc, with 34.1% market share, Ford Motor Company with 5.4% market share. Additionally, Honda, Toyota and General Motors have also entered the industry with smaller shares of the overall market (IBS World 2, 2024).
Revenue totaling $122.1bn, 55.8% is in Hybrid-Electric vehicles, while $39.2bn or 32.1% is in Electric vehicles, additionally $14.8bn or 12.1% is in Plug-in Electric vehicles (IBS World 2, 2024). Totaling 269 establishments, the Hybrid & Electric Vehicle industry is rapidly expanding, with three major manufacturing hubs. The largest of which is the Great Lakes sector, with 33.6% of establishing, coming in second is the Western states with 25.5%. Coming in a close third is the Southeast with 24.1% of establishments.
With today's consumer-base becoming more conscious and discerning in their purchasing behavior (ONIO, 2024). it is more important than ever for our industry to monopolize and be reactive. Expanding into the Hybrid & Electric Vehicle industry is promising, both in terms of growth and attracting new, more environmentally-conscious consumers.
Almost 14 million new electric vehicles were registered in 2023(IEA, 2024); of those, the Plug-in Hybrid Vehicles (PHEV) have grown significantly as a market percentage(IBS World 2, 2024). Indicating that consumer-demand has increased in recent years; and is very likely to increase even more. Public and private charging ports have trended positively in recent years; seeing an increase of 7.7% in Quarter 3 of 2023 and 4.6% in Quarter 1 of 2024 (Alternative Fuels Data Center).
Porter’s Five Forces Analysis of the New and Automotive Industry:
|
|
New Industry |
Automotive
Manufacturing Industry |
|
Rivalry
Among Existing Competitors |
Conducting
an analysis using Porter's Five Forces; we can determine that the market of
Hybrid & Electric Vehicle manufacturing is very promising. Although the
market is highly competitive with four strongly-established companies that
hold 47.4% of the entre market share in 2024 (IBS World 2, 2024). The largest
market holder is Tesla, Inc, which has recently lost it's majority share of
the market, falling under 50% (Energy News US, 2024). While the other major
competitors of General Motors, Ford, Hyundai and Kia have gained market
share. |
There
is a high-level of competitiveness in our current market; there are dozens of
larger-companies that supply gas-powered automotive engines and parts; which
has increased the options and competitiveness of the market. Additionally
services like complimentary road-side assistance or wireless startup has been
one of the main areas of competition to attract new consumers. |
|
Threats
of New Entrants |
The
"Threat of New Entrants" is low; given that the barriers to entry
for the market are High, due to numerous reasons. Most notably is the legal
and regulatory requirements faced by automotive makers in the Hybrid &
Electric market, including regulations involving fuel efficiency and vehicle
safety (IBS World 2, 2024). Additionally new start-ups face significant
hurdles due to the number of already-established automotive companies in the
market, leading to reduced cash-flow for startups and lack of funding
opportunities. |
There
are high barriers to entry for new companies and startups due to the same
legal and financial factors presented in the Hybrid & Electric Vehicle
Manufacturing market. |
|
Bargaining
Power of Suppliers |
The
bargaining power of suppliers is low; due to the wide-availability of
automotive parts and the ease of gaining access due to the larger automotive
industry here in the United States. Additionally, the large international
market for automotive industry allows companies to leverage the market for
better prices (IBS World 2, 2024). |
The
bargaining power of suppliers in the automotive manufacturing industry is
moderate because of the wide-range of available suppliers and the globalized
market offering alternatives for manufacturers to choose from. Although
recent supply-chain disruptions like the Russian Invasion of Ukraine or the
COVID-19 pandemic have affected the steel supply, leading to increased
bargaining power for suppliers (IBS World, 2024). |
|
Threat
of Substitute Products |
The
Hybrid & Electric Vehicle Manufacturing market has a moderate threat of
substitute products. Natural-gas cars are similar to hybrid and electric
vehicles, and still have significant popularity and market share, which is
the biggest substitution threat to this market. But given we are already in
the automotive market, this shouldn't pose a big risk to our operations. |
There
is a high threat of substitutions due to the number of companies present in
the automotive industry, giving consumers many options to choose from to find
the best-price possible. Additionally; similar products like motorcycle,
public transportation and electric vehicles have been a big risk to the
market, causing the popularity of gas-powered automobiles to drop. |
|
Bargaining
Power of Buyers |
The
bargaining power of buyers is high in this market; given the
rapidly-increasing popularity of the market; there are numerous options for
buyers to purchase from which gives them options to attain the best prices
possible. Additionally; due to the threat of substitutions in the regular
automotive industry, it gives even greater bargaining power to consumers. |
The
bargaining power of buyers is very high and continues to increase due to a
shift-towards environmentally-conscious thinking, leading to an increase in
popularity of Hybrid & Electric vehicles, along with other substitutions,
causing companies to sell their products for lower prices. |
Alternative
Fuels Data Center: Electric Vehicle Charging Infrastructure Trends. (n.d.).
Afdc.energy.gov.
https://afdc.energy.gov/fuels/electricity-infrastructure-trends
Carlier,
M. (2022, July 21). U.S. car market:
by vehicle type 2019 | Statista. Statista; Statista.
https://www.statista.com/statistics/276506/change-in-us-car-demand-by-vehicle-type/
Carter,
T. (2024, May 11). Hybrid sales are booming — here’s why drivers are buying
them over EVs. Business Insider; Insider.
https://www.businessinsider.com/hybrids-sales-booming-why-drivers-are-buying-them-over-evs-2024-5
Tesla
loses U.S. market dominance as EV makers catch up | Energy News Network. (2024,
July 10). Energy News Network; ENN.
https://energynews.us/newsletter/tesla-loses-u-s-market-dominance-as-ev-makers-catch-up/
Garsten,
E. (n.d.). Study Reveals Automakers Not Using Sustainability To Competitive
Advantage. Forbes.
https://www.forbes.com/sites/edgarsten/2021/04/13/study-reveals-automakers-not-using-sustainability-to-competitive-advantage/
IBIS
World. (2024). Automobile Engine & Parts Manufacturing in the US. Retrieved
from https://www.ibisworld.com/
IBIS
World 2. (2024). Hybrid & Electric Vehicle Manufacturing in the US.
Retrieved from
https://my.ibisworld.com/us/en/industry-specialized/OD4516/products-and-markets
IEA.
(2024). Trends in electric cars. IEA.
https://www.iea.org/reports/global-ev-outlook-2024/trends-in-electric-cars
Martins,
A. (2024, March 28). Most consumers want sustainable products and packaging.
Business News Daily.
https://www.businessnewsdaily.com/15087-consumers-want-sustainable-products.html
Number
of new cars sold, by type. (2024). Our World in Data.
https://ourworldindata.org/grapher/car-sales
ONiO.
(2024, February 15). The Rise of the
Eco-Conscious Consumer | ONiO. Www.onio.com.
https://www.onio.com/article/rise-of-eco-conscious-consumer.html
Soomo
Learning. (2020). Critical business
skills for success. https://www.webtexts.com
Tuesday, June 18, 2024
ENG-190 Project
7-1 Project: Analysis of a Cultural Work
Southern New Hampshire University
Perspectives in the Humanities
Professor Akil
June 18th, 2024
7-1 Project: Analysis of a Cultural Work
1. Describe the work in detail. Consider the following:
a. Where did you see the work?
The Johnstown Flood National Memorial is located just outside the city of Johnstown, Pennsylvania, approved by the United States Congress on August 31’st 1964, and signed into law by President B. Johnson on September 2nd, 1964. The memorial consists of a number of restored and fully original buildings, as well as natural landmarks left in their preserved state.
b. What elements or characteristics stand out to you?
There are several elements that stand out to me, especially as someone highly interested in cultural history and background. The Lake View House is one of particular interest to me… which is an original house from the 1880’s built by Colonel Elias J. Unger to serve as his personal house. I find this remnant of the past to be an interesting glimpse into the life of Johnstown citizens from before the flood destroyed it all. Additionally the preserved remains of the South Fork Dam are of particular interest to me, both because they were designed with the intent of usability originally, and only became a piece of this cultural landmark after the memorial was signed into law.
2. Describe the purpose of the work. Consider the following:
a. What do you think the creator intended to express?
I believe the creators of this memorial intended to express the memories of those that we’ve lost, in order to ensure that they were never forgotten, as well as to commemorate the highly successful rebuilding process that the city of Johnstown saw as people came together in unity and solidarity.
b. Were they successful?
They were most definitely successful; the memorial sees hundreds of thousands of visitors every year and continues to be a culturally significant monument to those of us who live in the area and the state of Pennsylvania as a whole.
3. Use the work to explore how acts of creative expression impact and are impacted by the people and situations that surround them. Consider the following:
a. What contributions does the work selected make to continuing a dialogue about that culture and the importance of its works?
The memorial offers a lot of cultural importance and significance, especially for the local communities. The work offers historical preservation of times long past; allowing for visitors to revisit the town before it saw disaster.
4. State questions you have after thinking deeply about this work. What more do you want to know regarding the following?
How has the memorial inspired other cultural works?
What kind of human experiences can be seen in this cultural work?
b. The relationship between culture and expression: What is the relationship between the possible intent of the creator and your own interpretation of its meaning?
I believe the original intent of the Johnstown National Memorial and my own interpretation is extremely similar; in that the Memorial was created in order to remember the lives lost. Compared to my interpretation that the memorial exists to remember lost lives, as well as the city of Johnstown before it was destroyed.
c. Explain how your values have shaped and are shaped by your expression and that of others.
My values are shaped dramatically by expression, that of mine and of others. For example, cultural expression by authors and artists can and have molded my beliefs and viewpoints on a number of topics. Additionally, I feel that the interpretation of others also influences my own interpretation of the Johnstown National Memorial; given social-learning is a key-aspect of how we view things.
5. Explain how you would approach answering these questions:
a. What would you study about this work that might address the questions you stated?
I would read the document relevant to the creation of the Memorial; as well as the historical site created by the managers of the memorial. Additionally, I feel that the best way to answer questions about this memorial would be to go and visit the site and see it for yourself; physical interaction with a cultural work can add a lot of insight you otherwise wouldn’t know.
b. Where would you find information to address the questions?
Next, draw conclusions about how the work you selected relates to the humanities:
The biggest source of information to answer the questions I have would be the national website that represents the Johnstown National Flood Memorial, which goes in-depth about the history and meaning behind each segment of the cultural work. Additionally, I feel going back in-time and reading the founding documents of the memorial would give strong historically knowledge about the original creation of the monument.
6. Explain why you believe humans have a need to express themselves through created works of cultural and historical significance.
a. Describe a culture shift or event related to the work you selected. This could be a cultural shift that influenced the creation of the work, or it could be a cultural shift that came about because of it.
7. The work itself was inspired by a major cultural shift which was the whole point of creating the monument to begin with, and that was the Johnstown flood, which saw the entire city and surrounding areas get destroyed, which left the citizens of Johnstown feeling helpless and alone, not knowing how to rebuild their lives. This event was not just a cultural shift for the region, it was a shift in society as a whole as thousands of people funneled in to provide aid and help the rebuilding effort.
a. Explain how a concept or resource you encountered in this course has informed your explanation. Be sure to cite any sources used.
Creative expression has been a critical concept introduced to me in this course; I feel that being able to express oneself in creative and unique ways is one of the cornerstones of what makes us human. Being able to express myself through my hobbies like writing or artistic expression allows me to unwind and get some of the day’s stress off my back. Creative expression is one of the things that makes life worth living to me.
8. Explain how you think the act of human creative expression impacts and is impacted by the culture in which it was created.
a. Explain the relationship between human creative expression and the culture in which the work you selected was created using the insights you gained from studying it.
I feel the relationship between human creative expression and the cultural work of my choice is wonderful in that human creative expression went into the creation of each and every-part of the monument, even the remnants of the destroyed dam that caused the disaster to begin with.
b. Explain how a concept or resource you encountered in this course has informed your explanation. Be sure to cite any sources used.
9. Explain how you believe human creative expression can impact issues we deal with in the present day (contemporary to your coursework, not the future scenario posed above). Be sure to be specific about the issues you are addressing.
I believe that human creative expression impacts every issue an decision that we face; for example; creative expression is used when making the most mundane decisions like “What should I do today?”. Additionally, it also impacts big decisions and events, human creative expression can and does impact the arguments we face today, like the argument surrounding whether or not to fund an education in the arts in the public schooling system. I believe that the unified human-response to the Johnstown flood that saw the city rebuild and thrive again within years is a testament to how human expression and free-will can impact an event in amazing ways, even recently we seen this same thing during the COVID-19 pandemic.
References
Johnstown Flood National Memorial (U.S. National Park Service). (2017). Nps.gov. https://www.nps.gov/jofl/index.htm
Johnstown flood | flood, Johnstown, Pennsylvania, United States [1889] | Britannica. (2020). In Encyclopædia Britannica. https://www.britannica.com/event/Johnstown-flood
Rijksmuseum. (2016). The Night Watch, Rembrandt van Rijn, 1642 - Rijksmuseum. Rijksmuseum. https://www.rijksmuseum.nl/en/collection/SK-C-5
bsd-admin. (2024, February 1). Johnstown Flood Museum. Visit Johnstown. https://www.visitjohnstownpa.com/partner/johnstown-flood-museum
Thursday, April 25, 2024
Friday, April 19, 2024
SCI-100 Final Project
SCI-100 Final Project
Shanon
Beck
Perspectives
in Natural Science
SCI-100-J7100
Professor
Billiot
April
19th, 2024
Perspectives in Natural Science: 7-1 Final Project
Part 1: Natural Science Topic Exploration
The main idea of my chosen news story is that
bumblebees are social creatures that can display complex, socially interactive
behaviors with the capability of social learning and replication. Which not
only opens up a lot of opportunities for us to better understand bumblebees,
but also other insects of similar intelligence, even being able to better
understand the social relationships of humans and society.
Previously I did not have much knowledge when it came
to the natural behaviors and interactions of bumblebees or other similar
insects, or how important understanding them could be to ensure future
scientific advancements. The research experiment was conducted by Dr. Alice
Bridges and Professor Lars Chittka through the use of a multi-step puzzle that
required the bumblebees to utilize social behavior and replication in order to
reach the award.
Part 2: Fundamental Questions About the Natural World
There are a number of questions I can ask in order to
gain more information about this topic, and expand the scientific understanding
we have of it: these questions include, “Are bumblebee’s able to reproduce the
learned behaviors without an incentive?”, “Do other Apidae show the ability to
learn and replicate behaviors at a social level?” and “Have bumblebee’s shown
the ability to learn and replicate behaviors socially outside of the laboratory
in their nature environment?”… That being said, my final research question is:
“Are bumblebee’s able to perform complex behaviors through social learning in
their natural environment?”
During this research I have to be extremely ware of my
personal beliefs and biases, as it could have impacted my research questions
and understanding of the topic significantly. For example, I personally believe
that we can learn a lot about both human behavior and instinct by studying more
rudimentary social behaviors exhibited by bumblebees, as well as better
understand the world. That gives me a pre-existing bias that impacts the way I
see the topic.
Major Developments in the Natural Sciences
A major development that has occurred at the
University Of Konstanz that dramatically effects the research topic I chose is…
the development and revolutionization of machine learning and computer vision
processes that have allowed scientists the ability to more-finely track the
behaviors and subtle changes in an animal. This allows a scientists to get a
more thorough understanding of an animals behaviors and allows them to predict
their behavior in a more meaningful way. For example, through the ability to track
an animals gaze in order track what their looking at.
Albeit, it is to be said, major ethical concerns can
and have occurred in past research involving animals and could very well pose
an issue for future advancements in my chosen research topic. Particularly
concerns about animal abuse and exploitation can be a major limiting factor
leading to a loss of funding and support due to lobbying by animal-protection
groups. Additionally, the idea it could be exploitation to research an animal
and take them out of their natural environment can lead to a negative public-relation
and viewpoint, leading to public outcry.
The Value of Studying the Natural Sciences
I try to look at things scientifically as often as I
can; and prefer to apply logic and reason to any events that I may come across.
For example; not too long ago I made the conscious decision to re-evaluate my
financial situation in order to better live within my means, similar to the
concept discussed in “The Earth is Full” when Paul Gilding talks to us about
how Earth is being abused by humanity because we are living far above our means
of production and sustainability.(Gilding, 2012) I believe we all can play a
crucial role in managing and decreasing the harmful effects we have on the
economy.
-
Explain the value of being a
scientifically informed citizen within your community.
Being a scientifically informed citizen can result in
significant improvement to your local community, as well as the nation and
world as a whole. Literacy in scientific principles and the scientific lens can
and will result in one being able to evaluate and determine the best possible
choice to make for the community, especially in-regards to decisions that would
improve the community, for example … understanding the damage and strain that
you can cause on the system by using and wasting excessive amounts of fresh
water.
-
Discuss the obligation of citizens to be
scientifically literate and how that could affect global contemporary issues.
Everyone has an obligation to be scientifically
literate to the best of their ability, as well as to ensure that the next
generation grows up to be literate in science, as well as the other lenses like
the humanities. If we are to continue to be successful and prosperous as a
species, we must put reason and logic at the forefront to continue scientific
advancements and to ensure that we don’t destroy ourselves in the process.
References
Bee-2-Bee
influencing: Bees master complex tasks through social interaction. (n.d.). ScienceDaily. https://www.sciencedaily.com/releases/2024/03/240306150557.htm
Konstanz, U. of. (n.d.). Machine learning and
computer vision allow study of animal behavior without markers. Phys.org.
Retrieved March 26, 2024, from
https://phys.org/news/2023-07-machine-vision-animal-behavior-markers.html
Bumblebees surprise scientists with
“sophisticated” social learning. (2024, March 7). Www.bbc.com. https://www.bbc.com/news/science-environment-68501263
Gilding, P.
(2012, February). The Earth Is Full. Www.ted.com.
https://www.ted.com/talks/paul_gilding_the_earth_is_full/transcript?language=en

