The Importance of Product Creativity at General Motors

This essay looks at General Motors, a company with a long history of product innovation. It discusses the company’s focus on product creativity and its commitment to introducing new products. It also looks at some of the challenges the company has faced in recent years.

The Success of Major Buses: How the Company Keeps Its Routes Profitable

Major Buses is a major competitor to Minor Buses, running its operations from village C. It offers two profitable routes between villages E and A, and B and G. In order to keep its customers, Major Buses offers a royalty to them, which protects their investment in the company. The company has also been known to give loans to customers to buy new buses.

The public transport system in Hong Kong

The public transport system in Hong Kong is very comprehensive and efficient. It includes trams, MTR, buses, taxis, and light rail. The tramway system is one of the oldest public transport systems in operation. The Mass Transit Railway (MTR) is a rapid transit railway system that began operations in 1979. There are two types of buses in Hong Kong – franchised buses and non-franchised buses. There are three main types of taxis in operation in Hong Kong – red taxis, green taxis, and blue taxis. The public transport system in Hong Kong can be regarded as a monopoly because there is only one operator for each type of transportation (trams, MTR, buses, etc.). The high degree of capital investment required to set up and maintain a public transport system creates barriers to entry for potential competitors.