tutor2u Business Studies Blog

Tracker Pixel for Entry

Corporate and Functional objectives - how BMW uses the Mini brand

Monday, September 21, 2009
Print Tweet This!Save to Favorites
Recommend on Google+

image
The modern, 21st century Mini may look rather different from the 1950’s original -
image
- but you can probably see the family resemblance there. There is an interesting article here about how BMW’s designers updated the new model by imagining how it might have looked if redesigned in 1969, 1979, 1989, and finally arriving at the 1999 remodelling which has been so very successful. The brand is being extended and the design features adapted in a range of product developments that range from the two-seater convertible shown at the top of this article to a four-door 4x4 cross-over model which will go into production this winter.

But BMW are also using the success of the Mini marque to test out new ideas that they could introduce across their range, to encompass BMW vehicles and Rolls Royce. The development of the Mini E, a battery-powered electric vehicle which is currently being marketed to customers prepared to take part in research. To quote from the article, “Mini is emerging as a test-bed for BMW’s Project I, an autonomous division within the group which is working to identify what the future will bring for the motor industry - both in terms of how cars are powered, as well as in terms of new materials, how cars will be used and how they are paid for.” The marketing department have identified a risk for the whole BMW group, that they will cease to be seen as a premium brand in the future if they don’t become “overtly environmentally friendly.” This research is being used to drive objectives for each of the business functions, with a central focus on developing new technologies that can be used across all the group’s brands and achieve the corporate objective, with sustainability becoming a big competitive advantage for the BMW group.


blog comments powered by Disqus




BUSINESS TEACHER RESOURCE NEWSLETTER
Get first news of business teaching resources, ideas and other materials from tutor2u. Over 9,400 business teachers from the UK and around the world receive our regular teacher email newsletters. Sign up for free here!

*  Your Email Address:
*  Preferred Format:
    Full Name:
*  Country:
    Job / Position:
    Postcode:
    School / College:
    Town / City:
    AS/A2 Applied Business Board:
    AS/A2 Business Studies Board:
    BTEC First:

    BTEC National in Business:

    GCSE Applied Business Board:
    GCSE Business Board:
*  Enter the security code shown:







Popular Topic Tags

recession, demand, prices, price, unemployment, profit, economics, costs, investment, inflation, supply, employment, trade, competition, gdp, risk, china, debt, euro, entrepreneur, capacity, production, innovation, downturn, tutor2u, revision, pay, exports, manufacturing, confidence, profits, food, incentives, banks, strategy, globalisation, aqa, expectations, oil, csr, usa, startup, retailers, housing, productivity, sterling, supermarkets, takeover, google, economies of scale, mortgage, cash flow, advertising, quiz, leadership, property, buss4, tesco, economic growth, video, efficiency, enterprise, motivation, stakeholders, apple, deflation, corporate social responsibility, ebea, market share, airlines, pricing, taxation, merger, slowdown, bank of england, acquisition, interest rates, market failure, borrowing, competitiveness, sustainability, product life cycle, credit crunch, budget deficit, aqa business studies, facebook, twitter, aqa business, bbc, nelson thornes, philip allan updates, starbucks, philip allan, monopoly, diversification, recruitment, organic growth, stocks, training, oligopoly, starter activity, shareholders, uk economy, poverty, emerging markets, dollar, government failure, retailing, management, suppliers, buss1, marketing mix, tim harford, cpi, branding, opportunity cost, breakeven, government spending, hodder education, vat, product, customer service, eu, losses, wages, evaluation, india, external growth, wealth, environment, edexcel, location, promotion, technology, information failure, business studies revision, sources of finance, franchise, aqa gce business, elasticity, regulation, spare capacity, welfare, jobs, economic cycle, marketing, zondle, strategic direction, british airways,
View all tags for the Business Blog
Blog RSS feed Blog RSS Feed

Latest entries

Categories