Business Analysis - Vestas

1. intro\n1.1 Introduction\nAs a party, we have chosen Vestas. We grok Vestas as having a study role in coming(prenominal) cipher development, and also cosmos a leading hero in the manufacture of split and the supply of knowledge in what we believe to be a forthcoming vim crisis.\nVestas is a danish pastry telephoner, with its trigger roots being lop up in 1898 by blacksmith Hand Smith Hansen in a small Danish town on the due west coast called Lem. After the piece world war, the company set about an increasing demand for impertinently technology, and the production of kitchen weights and mixers kept the company busy up until the contiguous drastic change in production. After the war, the company changed realise to VEstjysk STaalteknik A/S (VESTAS for short), which is the yell we recognize today. During the fifties, Vestas had its origin export product ready, aft(prenominal)wards taking a patent of invention in milkcontainers. It was then that the company began a transition into capacious scale production, and also international exporting. By 1968, Vestas successfully exported to 65 different countries worldwide. After a few failed attempts at creating a windmill with efficient energy output, word got around that two Danish blacksmiths had an idea that seemed to work, precisely lacked the funds to go finished with the construction and testing of the device. Vestas seized the opportunity, active both men, and shortly after introduced their first industrialized windmill, displace Vestas into a 40 year expansive breeze through towards where they are today as a windmill conglomerate.\nA future energy crisis is inevitable, if the transition into renewable energy is not aided, accord to the UN Renewable energy tale for 2014. 1 The reliance on non-renewal energy sources, combined with rising slope environmental concerns, population boom and increasing conflicts in energy rich zones, is very lots putting the ball in Vestas court, and companies like it. Tasked with supplying for tomorrows demand, we wish to take a smelling at Vestas...