Please fill in the points this topic The automotive company Mercedes-Benz. The automotive company Mercedes-Benz. It is a German-based company mainly known for producing luxury and commercial vehicles. The headquarter of the company is located in the capital city of the German state of Baden- Wurttemberg. It is founded in 1926 by two founders called Karl Benz and Gottlieb Daimler. It has more than 2.31 million sales of passenger cars in the world. Its subsidiaries are located in different parts of the world including Brazil, the US, Mexico, Canada, and many more. There are more than 150,000 employees are working in the company is well known for its quality and durability as it mainly focuses on customer satisfaction. Its lowest range for car is started from approximately 4.9 million for C-Class. As it is a luxury automotive company, the production of vehicles is limited and leads to higher and expensive prices in the market. Also, it has higher quality, expensive material, and their better and bigger option will make it more expensive then other regular cars.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter1: Welcome To Economics!
Section: Chapter Questions
Problem 20CTQ: Suppose you have a team of two workers: one is a baker and one is a chef. Explain why file kitchen...
icon
Related questions
Question
*Please fill in the points this topic The automotive company Mercedes-Benz. The automotive company Mercedes-Benz. It is a German-based company mainly known for producing luxury and commercial vehicles. The headquarter of the company is located in the capital city of the German state of Baden- Wurttemberg. It is founded in 1926 by two founders called Karl Benz and Gottlieb Daimler. It has more than 2.31 million sales of passenger cars in the world. Its subsidiaries are located in different parts of the world including Brazil, the US, Mexico, Canada, and many more. There are more than 150,000 employees are working in the company is well known for its quality and durability as it mainly focuses on customer satisfaction. Its lowest range for car is started from approximately 4.9 million for C-Class. As it is a luxury automotive company, the production of vehicles is limited and leads to higher and expensive prices in the market. Also, it has higher quality, expensive material, and their better and bigger option will make it more expensive then other regular cars.
Note: this example for how i nedd
Business
History
Growth
Today
Technology
Ren Zhengfei
6
1990 • 600 new employees
1993 • C&C telephone
Shenzhen, China
170
HUAWEI
1987
32,000
1996 • Beijing office
1997 • Hong Kong office
2019 • P50 mobile
→ mobiles
data
188,000
software
$105.2 billion (2019)
Transcribed Image Text:Note: this example for how i nedd Business History Growth Today Technology Ren Zhengfei 6 1990 • 600 new employees 1993 • C&C telephone Shenzhen, China 170 HUAWEI 1987 32,000 1996 • Beijing office 1997 • Hong Kong office 2019 • P50 mobile → mobiles data 188,000 software $105.2 billion (2019)
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Joint Venture
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning