Specialty Equipment Market Association Case Study

Specialty Equipment Market crosstie - Case Study ExampleIn illustrating the problem, in that respect are certain recommendations leave behindd regarding how the break on taxes burn be successfully implemented along with the providing a cost analysis of the recommended solutions. Specialty Equipment Market Association (SEMA) is one of the leading trade associations related to the railcar merchandise, which was established in the year 1963. Generally, SEMA deals in the market in exchange ( buy and selling) of old or ancient cars along with modifying their machines. Furthermore, this dealing is particularly observed in the automotive aftermarket and it targets high income earning community (SEMA, 2012). Automotive aftermarket flock be defined as the market segment where the old and age-old cars are brought together for buying and selling after modifying and remanufacturing with upgraded technology. Contextually, the automotive aftermarket is also known as the secondary market ( Automotive Industry Association of Canada, 2003). Antique/collector vehicles are those cars which are extinct in nature in terms of market presence with possessing unique features, designs and are generally available in a single piece in the entire market. In the developing world, it is observed that there is a demand for antique cars from high-class confederation in order to fulfil their hobbies.The problem that has been identified in purchasing or keeping antique or collector cars is paying off excess or extra taxes to the government as compared to other new cars taxes. Considering the particular problem, the paper aims to present a measure to the federal, state government stating that the government should provide the break on imposed taxes to the owners who have kept or bought antique cars from the automotive aftermarket.After identifying the problem, it can be analyzed with the help of a strategic analysis tool i.e. SWOT analysis to signalise the key aspects related to the p roblem. This is because it will help to provide a positive support to the recommended measure plot of land presenting it to the federal government.