Concept explainers
Case summary: Company Z revealed its new electric models, including one intended to change urban driving. In the year 2016, Model S is not quite the same as different bikes on the roads. It is lightweight at 225 pounds and quickens rapidly, with the superior related with bigger bikes. The Company Z's low maintenance costs and green appeal makes it an alluring choice for the in excess of 50 police offices that have acquired it for their patrol officials. The power pack is affirmed for transfer in landfills and energizes in under four hours when connected to a standard household outlet, which implies that proprietors can without much of a stretch revive medium-term or while at work, if important. These highlights are incomprehensibly not quite the same as those of conventional fuel controlled bikes. The revolution behind the Model ZS is an elite bike that additionally happens to be completely electric and green. The way that it's electric methods not getting gas and diminished maintenance.
Characters in the case: Company Z, Model ZS and Person S.
To discuss: The disadvantages of being a “first-mover” in the market.
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