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Trends Shaping the Automotive Industry in 2022

Epicflow

This year, the automotive industry is expected to continue its recovery following the headwinds of tough 2020. The general outlook for 2022 is rather optimistic – the industry is going to take further steps towards producing smarter vehicles. What else should we expect in 2022? Connectivity: Further Developments .

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3 Drivers of China’s Booming Electric Vehicle Market

Harvard Business

In 2022, new EV sales in China grew by 82%, and the country provided 35% of global EV exports. This article outlines three key reasons for the growth of China’s EV sector: experimenting in adjacent industries, encouraging operational solutions, and doubling down on core technology. While the U.S.,

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Bank Profitability: Decoding the Income Statement

Tom Spencer

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. Image 3: Illustrative example of a bank’s operating expenses 4.

Banking 88
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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities.

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Retail Success With Expert Help Through Consulting

Business Consulting Agency

From sales and marketing to website optimization, packaging, and manufacturing, consultants play a crucial role in elevating retail brands to new heights. Sales Optimization Benefit: Consultants analyze sales processes, identify areas for improvement, and implement strategies to enhance customer engagement and conversion rates.

Retail 52
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Tesla: Leading the Charge Toward Sustainability

Tom Spencer

has disrupted the auto industry and established itself as a leader in sustainable energy. In addition to its product offerings, Tesla has also disrupted traditional business models in the auto industry. Tesla has also implemented a unique direct-to-consumer sales model , bypassing the traditional franchise dealership system.

Energy 88
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3 Steps Toward Getting Your Workforce Introduction to Artificial Intelligence Right

Organizational Talent Consulting

Some of the many ways different business functions could begin utilizing generative AI in the workplace now are: Marketing and sales functions - writing sales copy and creating product user guides. Operations - improving customer service and identifying production errors and defects. Chui, E, Roberts, R., and Yee, L. Manyika, J.,