BMW 2002 Annual Report Download - page 120
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119
[VALVETRONIC]
VALVETRONIC
provides variable valve lift, taking
over the function of the throttle butterfly which is
no longer required. The result is an engine able to
breathe freely, saving fuel in the process.
[Sports Activity Vehicle]
The
BMW
X5 is the first-ever Sports ActivityVehicle
a combination of a typical BMW Limousine featuring
sporting and comfortable driving features on the
one hand, with far-reaching driving abilities in terrain
on the other. This creates a new market segment.
[Steer-by-wire]
A fully-fledged steer-by-wire system dispenses with
any mechanical link between the steering wheel and
the vehicles wheels and sends steering signals via
data lines.The
BMW
Active Steering system features
a steering column which connects the steering wheel
and the front wheels mechanically. This guarantees
maintenance of steering functions at all times even
if the steer-by-wire system is not operating properly
or breaks down altogether, and is the prerequisite
for
the authentic steering feel.
[Subscribed capital]
The share capital of a company is computed by
multiplying the nominal value of the shares by the
number of shares.
[Supplier relationship management]
Supplier relationship management (SRM) uses f
o-
cused procurement strategies to organise net-
worked
supplier relationships, optimise processes
for supplier qualification and selection, ensure the
application of uniform standards throughout the
group and create efficient sourcing and procure-
ment processes along the whole added-value
chain.
[Sustainability]
The process of stable, ongoing development.The
United Nations Conference on the Environment
and Development held in Rio de Janeiro in 1992
resolved a global action plan for combating poverty,
ensuring a suitable population policy, promoting
urban development, human rights, trade, agriculture,
environmental protection, research and technology.
Referred to as Agenda 21, this action plan serves
to ensure sustainable development preserving the
worlds natural resources and limiting the emission
of pollutants into the environment to a volume the
world can absorb or degrade.