What are the significant changes in the environment that are of importance to the motorcycle industry? Discuss the impact of these changes on the motorcycle industry’s competitive structure and attractiveness. Be specific. (10pts).

Consumer behavior changes organically and has changed a lot in the past years, tending from cars to public transportation and, in some cases, bikes. That is due to increased traffic, maintenance costs, new services (such as uber), etc. There is a social link between bikes and crime, where motorbikes could be associated with socially less desired elements. Finally, one of the factors is the marketing innovation and development; the motorcycle industry is based on either a classic and conservative marketing, such as Harley Davidson or a futuristic and technological one, such as Toyota. They find it hard to change their marketing fast enough to respond to consumer behavior changes.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answer; synthetic production system;