...Company History Task Get to know the company’s history. Time 15 min Short Description Read the below narrative to learn about the company’s history. Global Bike Inc. has a pragmatic design philosophy that comes from its deep roots in both the off-road trail racing and long-distance road racing sports. Nearly 20 years ago, its founders designed their first bikes out of necessity—they had races to win and the bikes that were available at the time did not perform to their extremely high standards. So, they took matters into their own hands and built legendary bikes that would outlast and outperform the competition. From these humble origins, Global Bike Incorporated was born and continues to deliver innovative highperformance bicycles to the world’s most demanding riders. Notes This heritage of entrepreneurial spirit and quest for design perfection is still the cornerstone of GBI’s corporate philosophy. GBI produces bikes for the most demanding competitors—whether the competition is on pavement or dirt, for money, fame or just bragging rights. John Davis earned his racing scars in the mountain racing circuit in America, where he won numerous downhill and...
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...The company was founded in 1971 by Joe Montgomery, Jim Catrambone and Ron Davis to manufacture backpacks and bags for camping and later bicycle trailers for bicycle touring. The company grew quickly during its early years. One of the most successful products was the Bugger, the cycling industry's first bicycle trailer, although Cannondale's marketing department seemed unaware of the connotations of the name in British English (some were, nevertheless, exported to the UK). Today, Cannondale produces many different types of high-end bicycles, few of which are handmade in USA, specializing in aluminum (rather than steel or titanium) and carbon fiber frames, a technology in which they were pioneers. The name of the company was taken from the Cannondale Metro North train station in Wilton, Connecticut. That reputation proved invaluable when Cannondale introduced its first bicycle, a Touring model, in 1983. We raised the cycling world's eyebrows by building our bicycles around handcrafted, oversized aluminum frames that were both lighter and more flex-resistant than the steel models that dominated the industry at the time. We quickly followed up this success with a road racing model and a mountain bike model in 1984. Our creative reputation encouraged both bike dealers and customers to join the revolution, and widespread industry skepticism quickly gave way to a host of imitators. The range of products: ...
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...CHAPTER 3 PAGE 174 PROBLEMS 51-54 Relating Concepts For Individual or Group Work A formula that has many uses for drivers is, called the distance formula. If you are driving a car, then d is the distance you travel (how many miles) r is the rate (how fast you are driving in miles per hour) t is the time (how many hours you drive). Use the distance formula as you work Exercises 51–54 in order. d = rt 51. Suppose you are driving on Interstate highways at an average rate of 70 miles per hour. Use the distance formula to find out how far you will travel in (a) 2 hours; (b) 5 hours; (c) 8 hours. A.) d = rt d= 70 mph x 2 hours d= 140 miles B.) d = rt d=70mph x 5 hours d= 350 miles C.) d = rt d = 70 mph x 8 hours d = 560 miles 52. If an ice storm slows your driving rate to 35 miles per hour, how far will you travel in (a) 2 hours, (b) 5 hours, (c) 8 hours? Show how to find each answer using the formula. (d) Explain how to find each answer using the results from Exercise 51 instead of the formula. A.) 35mph x 2 hours = 70 miles B.) 35mph x 5 hours = 175 miles C.) d = 35mph x 8 hours = 280 miles D.) Multiply the hours traveled by the miles traveled per hour. 53. Use the distance formula to find out how many hours you would have to drive to travel the 3000 miles from Boston to San Francisco if your average rate is (a) 60 miles per hour; (b) 50 miles per hour; (c) 20 miles per hour (which was the speed limit...
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...Issue: breach of contract. Colorado Bicycle Tours & Rental, LLC (CBTR) ordered 75 standard touring class bicycles from BIKE, Inc. (BIKE). The terms and conditions of the purchase are set forth in the contract and accompanying purchase order. Due to a work stoppage over a labor dispute, BIKE’s production of standard touring bicycles was seriously deficient in the months following CBTR’s order placement. Because BIKE was aware of CBTR’s immediate need for bicycles (the contract stated that “time is of the essence”), BIKE shipped 23 discontinued model bicycles, 20 standard touring bicycles and 12 deluxe touring bicycles. While the discontinued bicycles were not to specification, the deluxe bicycles exceeded specifications, although they were invoiced at the same price as the standard bicycles that met specifications. After shipment, but prior to receipt of the bicycles by CBTR, the president of BIKE, Barbara Wilson, personally called Donna Dufresne, CBTR’s purchasing manager, to explain the situation and asked whether the substituted bicycles were acceptable. Dufresne reluctantly ok’d the purchase in a telephone conversation with Wilson. The contract indicated that any material changes to the agreement had to be in writing and agreed to by authorized representatives of the parties. Charlene Smythe, CBTR’s CFO, was the authorized representative of CBTR, while Wilson was BIKE’s authorized representative. When the bicycles were unpacked at CBTR, Smythe was alerted...
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...worldrenowned Spanish brand “Orbea” bikes and their own design bike models, which are manufactured in China under the firm’s brand-name and sold in the Asia Pacific region. During 2008-11, the firm doubled its sales, even though the global financial crisis had dramatically eroded consumer purchasing power. Vincent Hong, the 25 year old owner of the business, learned from reading a popular magazine (Business Review Weekly) that much of the firm’s recent success may be attributable to cycling becoming a trendy and popular sport in Australia. Browsing the Internet, he decided to briefly cross-check the article with the Retail Cycle Traders Australia Website (RCTA, 2008), from which he found that the trend has continued for at least a decade and that: “Bicycle sales in Australia averaged 795,000 per year for the four years 1998-2001. In the four years since then, bike sales averaged 1,133,000 per year. By comparison, car sales have never reached one million in a year”. This information raised 1 Vincent’s interest in researching the trend further. Perhaps, the car dealer next to his store may cast more light on the trend, he thought. Discussions with the car dealer confirmed the website...
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...I have a memorable experience when I was five years old. My father bought for me a medium sized learner’s bicycle, with two side wheels. I was very happy. For a year, I practiced every morning and evening. But after that I envied other boys who could ride their bicycles without the two side wheels. I wanted to be able to ride a normal bicycle. So one day, I asked my father to remove the side wheels. At first, he hesitated, fearing I might fall and get myself injured. I was his only child. But my mother persuaded and nagged him everyday. Finally, but reluctantly he removed the side wheels for me. Initially, my father hold the seat, I had nothing to worry about. As I started to pedal, the wheels responded beautifully, I was trilled and I kept pedaling for quite a distance. Suddenly, I realized that my father was not beside me. I pressed the brakes and I fell on my side. My father started laughing and came running towards me. He helped me up and asked me to try again, I tried and slowly I gained confidence. But I was only able to move straight. Within a week of continuous practice, I was able to pedal without help. The feeling of achievement was so immense that my heart was filled with pride and joy. In two weeks, I was able to ride my bicycle with the other boys. I had many falls, but they were worth it. Now I can ride my bicycle well and have no fear at all. I am now eagerly looking forward to the day when I can ride my own...
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...Benefit of biking 1. reduces the cholesterol levels in the blood 2. increases the high density lipo-protein/cholesterol ratio in the blood as well 3. reduces the chances of strokes and heart attacks caused by clotting 4. reduces the chances of illnesses caused by high blood pressure 5. reduces high blood pressure 6. helps reduce the chances of diabetes 7. offers more energy 8. better sleep 9. strengthens bones 10. reduces the risk of cancer 11. lowers resting heart rate 12. reduces body fat 13. reduces stress 14. increases mental well being 15. lengthens your life span 16. if done regularly - will get you down to your ideal body weight Other Benefits • A complete leisure activity, cycling gives you the opportunity to spend time with friends. • A chance to meet new people and discover new places cannot be ruled out as well. • Cycling is a complete environmental friendly activity. Unlike other means of transport, it lets out no harmful chemicals in the air. • Cycling can prove to be the best mode to move around your local area without any difficulty The Committee has two sub-committees, The Communications Sub-committee and the Technical and Network Sub-committee, whose members are part of the overall committee. The Committee believes that Mississauga will benefit in many ways from a more extensive cycling system in that it will help promote: • Greater sense of community and personal contact ...
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...I.D. no.________ College_______ Gender_______ Age_____ 1. What Mode of Transportation do you use going to school? A. Car B. Train C. Bus D. Jeep E. Others (specify) _______________ 2. How long is your trip going to school? _______ (min) 3. How much do you spend for your transportation weekly? _______ (pesos) 4. Are you satisfied with your current transportation? ___Yes ___No 5. What mode of transportation do you prefer? A. Car B. Train C. Bus D. Jeep E. Others 6. How many cars do your family own? _______ 7. Do you know how to drive? ___Yes ___No 8. How many can drive in your family? Z___________________ 9. Does your family hire a driver? ___Yes ___No 10. How many drivers do you have? (Skip if none) ___________________ Rate from 1 for strongly disagree, 2 for disagree, 3 for neutral, 4 for agree and 5 for strongly agree ______ 11. Using a car is the best mode of transportation ______ 12. Public transportation is for the poor ______ 13. Waiting in traffic is better than waiting for a train/jeep/bus ______ 14. Knowing how to drive is a privilege ______ 15. Someone who uses a car going to school is considered rich ______ 16. Riding in a train is more practical than riding a car ______ 17. Riding a jeep is better than riding in a train ______ 18. Driving is more tiring than standing in a train ______ 19. I am satisfied with my mode of transportation ______ 20. I would use a bike going to...
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...Assignment1 October, 11 2013 “Just because you think you can does not mean you should”. Those words spoken so many times by my Mom still echo in my mind. That summer day in 1978 in Cheyenne Wyoming was a hot day, blue skies overhead and the typical Wyoming wind was down to a soft breeze that helped cool us kids as we rode our bikes, played in the dirt and entertained ourselves using our creative ideas to come up with the next death defying stunt we would soon try to once again attempt to replicate our current hero, Evil Knievel. I was 11 that summer, finally playing with my older Brothers and their friends, accepted as one of them and this I felt, was my summer to prove to them that I was old enough and daring enough to attempt a stunt on my bicycle. That day the idea for our new stunt included a bike ramp and the neighbors Volkswagen Beetle car parked on the side of the road. So, began the planning, the construction, the design, all being done by the brightest and best carpenters and engineers from amongst the group of kids ranging in ages from 9 to 14. What could possibly go wrong? My clothing that day was pretty typical of most kids, cut off blue jean shorts and a t-shirt with basic tennis shoes. My bike was a picture of precision craftsmanship, created by my own hands from the many pieces and parts left over from my older brother’s previously wrecked, mutilated and destroyed bikes, not to mention the many ‘perfect’ parts found in the local dumpsters around my neighborhood...
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...invention of the bicycle dates back all the way to 1817 when Baron von Drais invented a walking machine that would help him get around the royal gardens faster. Since then it was used as a means of transportation for many years, up until the use of cars started becoming more frequent. However, although cars are a good and refreshing invention that makes it quicker for us to move around, the use of a bicycle is much more convenient for the environment, for your wallet since you are saving money and for your health. An important component that affects our life is the environment which is why bike riding is beneficial to keeping the environment a good place for all of those who live in it. Riding your bicycle can help out with the environment since it doesn’t run on anything but your own physical power, while a car releases CO2 because it needs to run on gas. A car uses “[… ] fossil fuels such as gasoline and diesel to transport people [it] is the second largest source of CO2 emissions, accounting for about 32% of total U.S. CO2 emissions” Since a bicycle doesn’t occupy gas like a car does, it doesn’t release any other toxins, like a car which, in addition to CO2 also release “…carbon dioxide (CO2 ), automobiles produce methane (CH4) and nitrous oxide (N2O)” The result of releases of methane to the environment makes it “more efficient at trapping radiation” which ultimately is deleterious to the environment, but can be prevented from being released if we use our bicycles as an alternative...
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...When I was younger, I watched cars zoomed back and forth. I saw people riding bicycles and rollerblades while they strolled along the streets. What caught my attention was the airplane that flew across the sky that disappeared over the horizon. I always wondered what it would be like to travel to another place and experience another country's culture. It would be fun to go to South America, Australia, Europe, or even China. Well, I had my opportunity in 7th grade to go to France in Europe, and what I remembered from this trip was an injury that I probably would not forget. The place I stayed in France was a house not too far from Paris. It was in the rural areas of France, but it was a lovely place. My friend, Julien, showed me around the house and introduced me to his family. They were all very kind. Everything was going smoothly and I waited for the upcoming days of excitement. One day, on a weekend, Julien gathered some friends to have a picnic and to go on a bike journey. There were a total of 6 including me, 4 guys and 2 girls. Julien lent me one of his bikes, which was not the best because the wheels kept jamming, but usable. On the way, we stopped at stores to pick up snacks and accessories. We even stopped by a shop that had all kinds of explosives and fireworks. At this point I was really excited because in the shop were small dynamites, the size of USB drives to rockets that would shoot in the sky to make pretty sparkles in the sky. I eagerly paid for several boxes...
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...2011 1. Did the advantages or disadvantages of its location change over time? If so, how did Shimano respond – does it fit Porter’s framework of a global strategy? Exhibit I analyzes Porter’s diamond of national competitive advantage across the four key time periods in Shimano’s history, as outlined below. Time Period 1, from 1920-1970: The city of Sakai was the epicenter of bicycle production in Japan and was advantageous for the early stages of Shimano’s business development. During the 1930s, Shimano leveraged local demand and expanded to meet regional demand through Asia. However, during the 1940s this centralized location of manufacturing was disadvantageous due to its affiliation with military manufacturing. The decade of rebuilding after the war provided Shimano with new opportunities for production technologies to expand its product line, and then Japan’s economic downturn led Shimano to focus on components, which became their core business. This pressure in Japan to develop advanced technology enabled Shimano to break into the U.S. market in 1965 and dominate the Japanese bicycle component industry by 1970. Time Period 2, Entry in European Market: Shimano’s success in the home market was enabled by their location in the Kansai cluster (where 65% of all bikes in Japan were produced). Here, Shimano was close to related and supporting industries which spurred innovation and fast delivery of ideas and products. Additionally, Shimano leveraged their location...
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...I have, in the past, found it necessary to purchase a car, and have purchased several over the years. My first car was an old Dodge Charger that I paid $300 for in 1989. It got me from A to B and back again, and that was all that mattered. As I grew older and became more financially stable I purchased my first new car, a Hyundai Elantra. It was brand new, with all the bells and whistles, and I still drive it today (it is covered in duct tape- eleven years later). I drive it because it still works and I am less a car payment. Whether a car is new, or used most people require a vehicle to get through their everyday tasks. Cars are a necessity in most areas of this county and around the world, making the car industry a global economic force. Possible causes for change in supply and demand for cars: Product recalls – several years ago the Toyota Company had major recalls of several models that caused major accidents and deaths. The demand for that specific manufacturer decreased and Toyota was forced to rethink how to market its vehicles to regain the trust of its consumers. Price of gas – the price of gasoline fluctuates and has risen over the last few years to all- time highs. The wars being fought in and around oil-rich nations doesn’t help. People will purchase more gas efficient vehicles when gas prices are high. Gas has low price-elasticity because we need it to run our cars, but we can choose different cars to counter act the blow of high gas prices....
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...bikes and 10 stations located throughout downtown Vancouver. Mainly around sky-train stations and the busiest streets. Residents and visitors will have access to an easy, convenient and fun means of transportation. Bike2Go will be available 24 hours a day, 365 days a year. The station network will provide twice as many docking points as bicycles, assuring there will be a nearby dock for all users. Our fleet will include robust, practical, and stylish Vanhawk Valour smart bikes. Works Completed We have conducted market research and studied current successful instances of our company in other cities around the world. Users can purchase 24 or 72-hour short-term memberships and receive ride codes to unlock a bicycle. Long-term memberships are ideal for Vancouver residents and can be purchased by the month or the year. Long-term members will receive a card key that can be inserted directly into the bike station to instantly unlock a bike to ride. Riders will pay increments for the total amount of time they have used the bike. After several test drives, and public surveys, we decided to purchase Vanhawks Valour bicycles as our product bicycles. Vanhawks is a Canadian company that manufactures the first carbon fiber smart bike. The Valour features Bluetooth 4.0, Gyroscope, Accelerometer, Magnetometer, Speed sensor, GPS Receiver, Mesh-network, Blindspot detection sensors, LEDs. Work Schedule The Bike2Go executive team meets once a week to collaborate on the individual work...
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...The Philippine Tricycle DIVINA, Joseph H. 21 Nov 2014, Sikatuna Village Need a ride that could get you to an exact address? Is a taxi cab too expensive for a place too near? Buses and jeepneys can only go so fat? What other options do you have? You guessed right – a tricycle ride! The tricycle is a public utility vehicle that reigns over the Philippines’s inner roads and alleyways. This vehicle is surprisingly versatile, despite its size. It can travel from a street corner to the next or form a province to another (provided the province can be travelled by land). It journeys through narrow bumpy eskinitas, but also does so in wide, flat highways. It can safely accommodate four passengers (including the driver), but often times, it can be seen carrying at least six people, with three on the motorcycle and the other three in the sidecar. While Philippine tricycles are mostly used as a means to commute, some are also used to transport market goods, furniture, appliances and all other merchandise that can fit into the tiny little vehicle. Yes, the tricycle has played a significant part in Philippine transportations. All throughout the country, tricycles are being utilized mainly because of their ability to get to places where other forms of public transportation do not usually go. Here in Sikatuna Village, tricycles are important modes of transportation. They serve as the links of the village’s inner roads to the city’s main roads. In my case, I use (meaning to say ride) tricycles...
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