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Ramp Up
Ramp-up is a term used in economics and business to describe an increase in a firm's production ahead of anticipated increases in product demand. Alternatively, ramp-up describes the period from completed initial product development to maximum capacity utilization, characterized by product and process experimentation and improvements. Ramp-up in the first sense often occurs when a company strikes a deal with a distributor, retailer, or producer, which will substantially increase product demand. For example, in June, 2008, after launching a joint venture with Guangzhou Automobile, Toyota announced that it would "ramp up" production in China to meet expected increases in market demand by constructing a plant in Guangdong, which would produce some 120,000 additional Camry sedans. In the consumer electronics industry, manufacturers often ramp-up production in the early fall to meet demand during the holiday selling season. As ramp-up is typical in early stages of firm or market devel ...
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Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ...
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Camry
The Toyota Camry (; Japanese: トヨタ・カムリ ''Toyota Kamuri'') is an automobile sold internationally by the Japanese auto manufacturer Toyota since 1982, spanning multiple generations. Originally compact in size (narrow-body), the Camry has grown since the 1990s to fit the mid-size classification (wide-body)—although the two widths co-existed in that decade. Since the release of the wide-bodied versions, Camry has been extolled by Toyota as the firm's second " world car" after the Corolla. , the Camry is positioned above the Corolla and below the Avalon or Crown in several markets. In Japan, the Camry was once exclusive to Toyota Corolla Store retail dealerships. Narrow-body cars also spawned a rebadged sibling in Japan, the Toyota Vista (トヨタ・ビスタ)—also introduced in 1982 and sold at Toyota Vista Store locations. Diesel fuel versions have previously retailed at Toyota Diesel Store. The Vista Ardeo was a wagon version of the Vista V50. Etymolog ...
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Dispatchable Generation
Dispatchable generation refers to sources of electricity that can be programmed ''on demand'' at the request of power grid operators, according to market needs. Dispatchable generators may adjust their power output according to a request. Conventional power sources like gas, coal and some nuclear may be considered dispatchable to varying degrees, while most renewable energy sources are not. Sometimes though, coal & nuclear can be classed as non-dispatchable, due to the slow shutdown / startup times of their plants. Inverter-based intermittent resources like wind and solar power are quickly adjustable only to reduce their output ( curtailment) relative to their production limit at any given time, which is given by the availability of the resource (like sun or wind). For this reason, they are not considered dispatchable. Other types of renewable energy can be dispatchable without separate energy storage. These include hydroelectric, biomass, geothermal and solar thermal.
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Wrightspeed
Revo Powertrains is an electric vehicle powertrain company based in Alameda, California. It was created by Tesla co-founder Ian Wright. Products The Wrightspeed Route is a plug and play repower kit for commercial trucks. It is a high-power medium-duty vehicle powertrain that uses electric drive with an onboard power station for efficiency and range. This is a series hybrid retrofit kit for trucks. The kit includes controls, 200 kW inverter, electric motors, gearbox with clutchless shifting, battery pack, battery management system, and LCD user interface. Medium-duty trucks in the US are defined as vehicles with gross vehicle weights of . Founder Ian Wright discusses motivations for building truck powertrains in aTedX TalkanUnfiltered interview Wrightspeed X1 The Wrightspeed X1 is a one-off Ariel Atom heavily modified to use an all-electric powertrain. The Atom was chosen for its light weight and efficient design. The electric motor and inverter are sourced from ...
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Exit (economics)
In economics, barriers to exit are obstacles in the path of a firm that wants to leave a given market or industrial sector. These obstacles often have associated costs, prohibiting the firm from leaving the market. If the barriers of exit are significant, a firm may be forced to continue competing in a market. This forced stay in the market occurs when the costs of leaving a market are higher than costs incurred by continuing in the market. Sometimes, when firms operate at low profit or at loss, they still choose to compete with others. Major factors of this decision making is high barriers to exit. Definitions There are various definitions of "barrier to exit", this means the absence of one common approach to define barriers to exit. In 1976, Porter defines "exit barriers" as "adverse structural, strategic and managerial factors that keep firms in business even when they earn low or negative returns.” In 1989, Gilbert used the definition “costs or forgone profits that a f ...
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Return On Investment
Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorably to its cost. As a performance measure, ROI is used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.Return On Investment – ROI
, Investopedia as accessed 8 January 2013
In economic terms, it is one way of relating profits to capital invested.


Purpose

In business, ...
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Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ...
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Electronics Industry
The electronics industry is the industry (economics), industry that produces electronic devices. It emerged in the 20th century and is today one of the largest global industries. Contemporary society uses a vast array of electronic devices that are built in factories operated by the industry, which are almost always partially automated. Electronic products are primarily assembled from metal–oxide–semiconductor (MOS) transistors and integrated circuits, the latter principally by photolithography and often on printed circuit boards. Circuit boards are assembled largely using surface-mount technology, which typically involves the automated placement of electronic parts on circuit boards using pick-and-place machines. Surface-mount technology and pick-and-place machines make it possible to assemble large numbers of circuit boards at high speed. The industry's size, the use of toxic materials, and the difficulty of recycling have led to a series of problems with electronic waste. ...
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Guangdong
) means "wide" or "vast", and has been associated with the region since the creation of Guang Prefecture in AD 226. The name "''Guang''" ultimately came from Guangxin ( zh, labels=no, first=t, t= , s=广信), an outpost established in Han dynasty near modern Wuzhou, whose name is a reference to an order by Emperor Wu of Han to "widely bestow favors and sow trust". Together, Guangdong and Guangxi are called ''Liangguang, Loeng gwong'' ( zh, labels=no, first=t, t=兩廣, s=两广 , p=liǎng guǎng) During the Song dynasty, the Two Guangs were formally separated as ''Guǎngnán Dōnglù'' ( zh, first=t, t=廣南東路, s=广南东路, l=East Circuit (administrative division), Circuit in Southern Guang , labels=no) and ''Guǎngnán Xīlù'' ( zh, first=t, t=廣南西路, s=广南西路, l=West Circuit (administrative division), Circuit in Southern Guang , labels=no), which became abbreviated as ''Guǎngdōng Lù'' ( zh, first=t, t=廣東路, s=广东路 , labels=no) and ''Guǎngxī Lù ...
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Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from Sole proprietorship, sole proprietors and partnerships. Corporations are separate and unique Legal person, legal entities from their shareholde ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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Toyota
is a Japanese Multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is the List of manufacturers by motor vehicle production, largest automobile manufacturer in the world, producing about 10 million vehicles per year. The company was founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Toyota Type A engine, Type A engine, in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which gave rise to The Toyota Way (a management philosophy) and the Toyota ...
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