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.
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.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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.
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
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
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.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education