The Role of Dealerships in the Automotive Industry

There is no question that the automotive industry has become one of the most important commercial sectors in the world today. However, many people fail to realize all the specific elements that make up this sector. From manufacturing to consumers, there are many important steps a vehicle must travel through. In fact, one of the most important, if often overlooked, components of the automotive industry are dealerships.

Dealerships serve as the essential middleman between an automobile manufacturer and the consumer. At a dealership, sales professionals are employed to explain vehicle options to potential buyers and ultimately facilitate the transfer of ownership. Both used and new automotives can be purchased at a dealership, and the thousands such facilities worldwide make up the major source for vehicle sales.

Automobile dealerships generally stock a wide range of vehicle options. They are also able to customize products with special orders to suit a consumer’s specific needs. In general, dealerships stock such vehicles as motorcycles, cars, light trucks, vans, and some water sport devices.

Perhaps one of the most vital roles dealerships play is in determining the actual selling price of a vehicle. Unlike other products, automobiles are fairly flexible in terms of the buyer’s power to influence how much he or she will pay. Negotiating a “good deal” is an essential component of the vehicle purchasing process at a dealership. Thus, the dealer must be aware of various market considerations to ensure a profit is made without losing consumers to competitors. Dealerships may also offer leasing options. This allows them to retain ownership of a vehicle and temporarily rent it out to a user for a period of several years. This provides consumers with a more affordable option for accessing an automobile. It also gives the industry access to people who otherwise would be unable to spend income on an automobile.

Once a consumer decides to purchase an automobile from a dealer, he or she must also use the dealership to facilitate financing. Most vehicle purchases are not made in cash. Rather, they are paid on a set schedule for a number of years. Instead of procuring a loan from a separate lending institution, most dealerships provide financing services through participating partners. This can be done simply at the dealership without much pressure placed upon the consumer to investigate several banks. Additionally, some dealerships help consumers procure automobile insurance and appropriate license plates. Thus, dealerships become “one stop shops,” for automobile purchases. This is not only a convenience for customers, but also helps increase automobile revenues.

In addition to facilitating sales, dealerships are a consumer’s primary resource for vehicle care. Most dealerships offer mechanical services to vehicle buyers for years following the initial transaction. This helps keep consumers active in the automotive economy even beyond the actual purchase of a vehicle. This provides considerable numbers of jobs in the automobile industry for those who understand vehicle mechanics. Subsequently, dealerships help expand the automotive sector in yet another way.

Ultimately, dealerships are an integral part of the automotive business. They play a number of important roles that are necessary to the survival of this industry. Without dealerships, it is unlikely automobiles would be as accessible to the general consumer public.

Technology Advancements in Medical Transcription Enabling Better Medical Documentation

Technology advancements in medical industry have greatly helped healthcare providers in diagnosing diseases and providing better patient care. In recent years, technological advancements such as EHRs and voice recognition software have improved physician efficiency. Medical transcription services have also come a long way in ensuring precise and timely medical documentation. New techniques and modalities have improved the quality of transcription, workflow, delivery and storage of clinical records and promoted seamless workflow.

Role of Cognitive Computing in Healthcare

The latest addition to healthcare industry is cognitive computing, a self-learning frame work that uses data mining techniques, pattern recognition, natural language and human senses processing, and system refinements dependent on real-time securing of patient information and other data. Cognitive computing is transforming the healthcare industry and recreating human perspective utilizing automated models. These computing systems can handle huge volumes of healthcare data and are currently used in leading oncology centers such as the Memorial Sloan Kettering Cancer Center in New York City and MD Anderson in Houston.

According to the International Data Corporation (IDC), 30 percent of healthcare service provider use cognitive analytics on patient information to infer important bits of knowledge. In the coming years, it is anticipated that AI and ML will be increasingly used to better comprehend patient problems, save costs, and improve care. New technologies help physicians figure out which patients are at risk and monitor post-discharge results. AI is still at an initial stage in healthcare, but it is expected that these advancements will benefit all sectors of the industry.

New Technologies in Medical Transcription

With advancements in technology, medical transcription has also transformed to provide flexibility, accuracy, security and innovation. Medical transcription providers record physician dictation and transcribe it, producing accurate medical documents in quick turnaround time. The most important features of medical transcription companies are:

Assured quality: They have experienced professional medical transcriptionists who can convert audio recordings into accurate documents. They have two layers of quality checks to verify accuracy, grammar, spelling etc. There is a secure web portal where quality assurance takes place and clients can review documents and track the stage of the documentation process.

Quick turnaround time: Medical transcription service providers have flexible turnaround times. Transcription is performed in quick turnaround time to meet client needs.

Efficient delivery methods: Transcription outsourcing companies have toll free numbers that allow physicians to record the dictation. They also have mobile apps compatible with Android and iOS for quick recording. Transcribed documents can be created to suit EHR template and returned to the practice through a secure web portal.

Integrations: Medical transcription companies also interface easily with any Electronic Health Record (EHR) system, and can build HL7 integrations for any EHR that the practice uses. This allows physicians easy access to transcribed records.

Working From Home: Online Marketing And Article Writing And The New Cottage Industry

We’ve all heard the term “Cottage Industry,” right? It feels like an old-fashioned term in today’s technology-based information age, but it might be time to bring it out of the closet, dust it off and start using it again. What could be a better or timely use of that term than the business of online marketing and article writing? With more and more people using the internet as a viable way to work-from-home, small home-based businesses, or “cottage industries” are being created virtually every day.

Merriam-Webster defines cottage industry as “an industry whose labor force consists of…individuals working at home with their own equipment.” In order to work from home in the world of online marketing and article writing you need two things: A computer and an internet connection. Sounds like the definition of “cottage industry” to me!

So what is article writing? Stated quite simply, article writing is an ever-expanding, multi-million dollar industry, whereby articles are published online in exchange for name recognition and exposure for businesses and products online. It is a form of online advertising and a crucial piece of business marketing strategy. Article writing increases traffic to a particular website which will then lead to increased sales. The ultimate goal of article writing is to get a particular website to the top of a search engine query page.

Many businesses rely on their websites to bring potential customers and sales to them, but putting up a website and hoping people will find you is not a great marketing strategy. Unless you already have big name or “branding” recognition (think Verizon) you are going to have to work hard to help people find you on the World Wide Web! This is where article writing as part of an effective online marketing strategy comes in.

Whether you are a company interested in promoting your product or business online, or one of the many new entrepreneurs starting your own “cottage industry”, online marketing and article writing is the business of the future. With over 240 million website now online, the prudent business owner will be using everything in his marketing arsenal to ensure his success. There is a huge niche in the business world for article writers in the world of online marketing.