The document discusses Porter's Five Forces model and applies it to analyze the used car sales and service industry in India. It finds that the threat of new entrants, threat of substitutes, bargaining power of buyers, and industry rivalry are all high, making the industry only moderately attractive. Specifically, it notes there are many existing and new players in the market, alternatives available to customers, buyers have options and switching costs are low, and competition between rivals is intense. The bargaining power of suppliers is moderate as there are many supplier options.
Strategic Management Case of Pfizer. From text book by David, Fred R. "Strategic Management Concepts & Cases",13 th Ed. Assignment on Strategic Management Class in Universitas Tarumanegara Post Graduate class.
Strategic Management Case of Pfizer. From text book by David, Fred R. "Strategic Management Concepts & Cases",13 th Ed. Assignment on Strategic Management Class in Universitas Tarumanegara Post Graduate class.
Question #1 There are no small or insignificant positions on the .docxmakdul
Question #1: There are no small or insignificant positions on the disaster recovery team. Look over the descriptions of the positions in the Team Members section of the chapter and select a position for which you think you are the most qualified. Consider all the functions of this position and identify those functions you would be best suited for -- include briefly the qualifications you have that make suited for those functions. Which of the functions are you least suited for, and why?
Question #2: Complete Project 2.2 - Home Office DR Team - on pages 59-60 of your text.
Marketing Plan
Hyundai Motors
Marketing Management, BUMKT5902
Submitted by: Mausam Ghimire-30323108
Submitted to: Chriendra Keerthipala
30th December 2016
Executive Summary
This report has been written as a part of our marketing assignment in which we have to do the situational analysis of the chosen company. For the purpose of this assignment, I have chosen Hyundai Motors because it is one of the leading automobile industries in the world.
The report includes a detailed situational analysis of Hyundai Motors and also includes industry, marketing, competitor, customer, operating, financial and also the product analysis.
In the compilation of this report, I have collected the data from various other sources that includes articles, journals, data from various websites, details of which are given in the referencing section.
After reading the report, the reader would have an idea and a general understanding of the environment where Hyundai motors operates. Moreover, their financial performance over the years, their SWOT and TOWS analysis would also be discussed which enables the reader to understand that what should be followed by Hyundai motors in order to maintain their position in the highly competitive market.
Table of Contents
Introduction……………………………………………………………………………………………………………………..4
Situational Analysis………………………………………………………………………………………………………….4-11
External Analysis…………………………………………………………………………………………………………...4-9
Industry Analysis…………………………………………………………………………………………………….….10-11
SWOT/TOWS………………………………………………………………………………………………………………11-12
3.0. References……………………………………………………………………………………………………………………13
1. Introduction
Firstly, marketing is all about knowing and identifying the customer needs and wants & then developing the product according to the needs of the customers. A company requires a marketing plan to follow its strategies and in order to capture the company’s current target market, although situational analysis also helps the company to identity their position in the current market. Not only this but also, situational analysis helps to identify the organizational internal and external environment, its capabilities, business environment and its customers altogether.
Coming towards the introduction of Hyundai Motors, the company was formed in 1967 in Seoul, Korea with a purpose and a vision to become the fastest growing au ...
EXTERNAL SCAN: HONDA 2
EXTERNAL SCAN: HONDA 9
External Scan: Honda
Running Head: External Scan: Honda 1
External Scan: Honda
A lot of companies deem that delivering services and products to consumers is the only purpose of the company and generally it is. Sorry to say, for some companies there are external components that may obscure the efficiency of a company. On the flip side, some external component elements will assist the businesses to succeed. According to Honda (2013), Honda’s a corporation created on dreams and these dreams inspire them to build top-quality products that enrich human flexibility and profit civilization. Honda views "The Power of Dreams" as a philosophy that directs and motivates them to progress ahead. The power of their corporation emanates from this philosophy” (Honda, 2013).
In today’s market it is vital that a global company such as Honda be responsive to the issues and trends that come from technological, political and economic trends. Technology expansions are significant for Honda due to the ever changing developments of today’s information technology. For example, Honda’s Micro-sized Combined Heat and Power (MCHP) demonstrate Honda’s promise to be both ecologically responsive and use state-of-the-art operations to aid people in getting their goals achieved.
Since the economic recession dated 2007 to 2009, consumers were exceptionally penny-wise with how and on what they spent their money. According to Modern Global Automobile Industry (2004), there are multiple trends that are recognized in studying the international automobile market, categorized by the factors below:
· Global Market Dynamics - The globe’s biggest car makers continue to capitalize in manufacturing resources in developing markets in order to decrease their manufacturing costs.
· Creation of Global Alliances - U.S. automobile manufacturers, "The Big Three" (General Motors, Chrysler and Ford) united with and launched strategic alliances with Japanese and European automobile manufacturers. For example, the Chrysler Daimler-Mercedes Benz merger was originated by Mercedes-Benz to boost their market in the U.S. In general, the trend of the world’s automobile manufacturers was to expand in foreign markets.
· Industry Alliance - Rising global rivalry among worldwide producers in overseas markets placed the world's automobile manufacturers into three stages, the first stage is Honda, Ford, GM, Volkswagen and Toyota and the two remaining manufacturers are combined with other car manufacturers to compete with first stage businesses (Modern Global Automobile Industry, 2004).
Consumers who buy Honda do so for two main reasons: The first is because Honda customers like the longevity of Honda products. The second reason is due to Honda’s fuel economy savings.
The automobile industry is fall under government regulations. The global automobile industry also falls under laws and government regulations to include laws that area asso ...
Analysis of Motorcycle section in IndiaSuraj nayak
Analysis of Automobile Industry In India with special focus on Motorcycle section.
Industry Analysis by Porter's 5 force framework.
Swot Analysis of Yamaha 2 wheeler
Competition Analysis
· Complete the Assignment, Personal Application Paper· After r.docxLynellBull52
· Complete the Assignment, "Personal Application Paper"
· After reviewing what you have written for the Personal Application Conferences each week and your interaction with your fellow students about this, write a final paper incorporating all of the topics covered weekly in the PA and how what you have learned in this course applies to the organization you work for. It should be more than just a simple cut and paste from your earlier PA postings.
Papers should be approximately 5-7 pages in length. This page limit is forces you to think hard of what are the key points you want to make and avoid generalities.
The following is the past 8 weeks discussion questions in yellow and the answers to help you with the paper.
What kinds of industries tend to be better performers in the medium to long term? Why? What kinds of industries tend to do poorly in the medium to long term? Why?
Can you make the claim that some industries are inherently more profitable than others? Provide arguments and examples to justify your response.
Generally speaking, for companies in the same industry, what factors would explain differences in company performance over the long term?
Your thoughts about the fundamental strategic issues facing the industry in which your organization exists. Compare the performance of your company against the industry within which it operates, for 1 year and 5 years, using the Morningstar database or any other source of information that is appropriate
1. The kind of industries which tend to perform better in the medium to long term include railroad, insurance service providers, and resorts & casinos. This is because of the management practices used in the industries and the pattern of cash flow that the industries have. The revenue flow in the resorts and casinos may be volatile during the short term but when viewed in the medium to long term it is stable. The management practices used in the industries such as the sale of time shares smoothen the volatilities that commonly experienced in the industries. Industries such as savings & cooperative banks and independent power production tend to perform poorly in the medium to long term period. This is because the savings and cooperative banks are affected by both the economy and customer demands hence the varying year returns. Savings and cooperative banks avail various substitutes to customers in the long term. These substitutes determine the competition in the industry. Independent power production industry performs poorly because it is privately owned .
2. Some industries are inherently profitable than others because some of the industries perform better in the medium to long term compared to others. For example the returns in resorts and casinos may be volatile in the short run but stable in the long term while industries such as the coal and gold industries have low returns in the short run because of their nature of getting depleted with time and hence depreciating value. This, there.
Selection from a report written for a Strategy and Competition course in which the assignment was to create a strategy recommendation for MAACO Franchising Inc.
The past, presnet and future of Automobile Industry in India.
EVOLUTION OF AUTOMOBILE SECTOR IN INDIA
MARKET OVERVIEW
KEY PLAYERS
LATEST TRENDS
GROWTH DRIVERS
POLICIES AND INITIATIVES
INVESTMENT SCENARIO
OPPORTUNITIES
INDUSTRY ORGANISATIONS
SWOT ANALYSIS
PESTEL ANALYSIS
PORTER’S ANALYSIS
Running head Harley-Davidson External and Internal Analysis1H.docxcowinhelen
Running head: Harley-Davidson: External and Internal Analysis 1
Harley-Davidson: External and Internal Analysis 2[Title Here, up to 12 Words, on One to Two Lines]
John E. Lasky
Argosy University
Deborah Shearer
BUS499 – M5A1
19 January, 2018
[Title Here, up to 12 Words, on One to Two Lines]
Table of Content
Executive Summary……………………………………………….…………...………….3
Analysis of the External Environment (PART ONE) …………….….………………..…3
Results from Scanning…………………………………….………………………3
Results from Monitoring………………………….………………………………5
Competitive Environment………………………….……………………………...5
Strategic Challenges/ Issues facing the Industry………………………………….6
Internal Environment Analysis (PART TWO) ……………………………...……………6
SWOT Analysis…………………………………………………………………...6
Value Chain Analysis…………………………………...………………………...8
Strategic Plan Summary……………………………………..……………………………9
Conclusions…………………………………….……………………….….…….10
Recommendations……………………………….……………………….………10
Implementation………………………………………………………….……….10
Risks……………………………………….…………………………….……….10
References………………………………………………………………………..11
Executive Summary
There are several challenges that face business ventures which may be labelled as being generated from an internal or external environment. The motorcycle industry along with Harley-Davidson is not immune from in this paradigm. Firms need to adjust accordingly to these environmental changes for them to continue surviving and thriving. Some of these major external and macro-environmental challenges include technology, demographics, and the economic, socio-cultural, political and legal environments. This paper will look at the company’s external and internal environment.
External Environment Analysis
Results from Scanning
As mentioned above, the motorcycle industry and Harley-Davidson are not exempt. Firms need to adjust accordingly to these environmental changes for them to continue to survive and thrive into the future (Schembri, 2009). Some of these major external and macro-environmental challenges include technology, demographics, and the economic, socio-cultural, political and legal environments.
Results from Monitoring
From a monitoring perspective, the economic system and structure that is prevailing around an organization need to be comprehended for the business to put in place necessary measures aimed at achieving compliance (Schembri, 2009). For instance, the conditions of a boom or recession within the economic systems which may be socialist, capitalist or a mixture of the two.
Competitive Environment
Porter’s Five Forces Model
Porter’s five forces competition model that shape competition include competitive rivalry, bargaining power of suppliers, bargaining power of customers, the threat of new entrants and threat of substitute products and services in the market (Arline, 2015). Competitive rivalry examines and assesses the intensity of rivalry in the market. It is assessed by the number of competitors in business and their strength. Besides competitive rivalry, bargaining ...
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2. Evolution of Porter's Five Forces
Model:
Five forces is a framework for the industry analysis and
business strategy development developed by Michael
E. Porter of Harvard Business School in 1979. Michael
Porter is a professor at Harvard Business School and is
a leading authority on competitive strategy and
international competitiveness.
Five forces uses concepts developing, Industrial
Organization (IO) economics to derive five forces that
determine the competitive intensity and therefore
attractiveness of a market. Attractiveness in this
context refers to the industry profitability.
3. Introduction:
The Porter’s five forces tool is a simple but powerful
tool for understanding where power lies in a business
situation.
This is useful because it helps understanding both the
strength of the current competitive position and
factors affecting the strategy development.
5. Threat of new entrants:
The threat of new entrants is very high for the used car
sales and service industry. There are many existing and new
automobile service players are coming into the market.
Take an example of all company owned automobile
players:- Maruti Service Centres, Hyundai Motor Service
Centres, General Motors Service Centres, Tata Motors
Service Centres, Ford India Service Stations.
Take an example of some new players:- Carzcare,
Rescuefirst, Carnation.
Non-automobile players are also coming in the used car
sales market like:- OLX, Quikr.
6. Continue…
Some small players like the roadside workshops are
easy to establish anywhere at low cost with easily
available labor, raw materials, resources which can
lead to big players. For a new start-up no need to
invest huge capital, with the amount of 7Lac-10Lac one
can start his own service station.
Franchise of other players is easily available with less
investment.
Result: Threat of new entrants is HIGH, hence
Industry attractiveness is LOW.
7. Threat of substitutes:
Substitutes for this service already existed in the
market from small players to big players. Most of the
car service provider are giving the same services which
one is providing to defend their market share in terms
of volume or other.
From a customer perspective, the alternative option
will be either to go for nearby service centre or to
contact other options which are easily available for
their location. The product used are appear different
but can satisfy the same need as another product. In
the car industry typically there are many cars they are
similar just look at any mid-range Toyota and you can
easily find a very similar Nissan, Honda or Mazda.
8. Continue…
Other substitutes include own brand service centre. Mostly
people prefer their own brand service centre where they
can use many services as providing by the company itself
under warranty scheme or under extended warranty
scheme.
Result: Threat of substitutes is HIGH, hence Industry
attractiveness is LOW.
9. Bargaining power of suppliers:
For the players like company owned the bargaining power
of suppliers is less as it can get constant supply of spare
parts including OEM parts (Vehicle manufacturer’s brand)
and OES parts (reputed brands of component
manufacturer’s either domestic or international, supplying
to vehicle manufactures or aftermarket).
For other players the bargaining power of suppliers is
moderate. Many ancillary industries are opening up near
automobile manufacturers or service providers realizing
that there are lot of opportunities in automobile industry;
hence there are lot of suppliers in this industry.
Every company has the partners in every field like petrol
and diesel oils (HP, Mobil 1), Paints (AkzoNobel, Glasurit),
Batteries (Exide), Car Insurance(Bajaj, ICICI, Bharti AVA,
Tata AIG).
10. Continue…
When there are many suppliers in an industry,
they do not have much power due to that industry
manufactures can easily switch to another supplier
if it is necessary.
Result: Bargaining power of suppliers is
MEDIUM, hence Industry attractiveness is
MODERATE.
11. Bargaining power of buyers:
The bargaining power of industry affects industry
profitability by their ability to hold out for lower price,
higher quality and better price. In automobile and car
service industry the bargaining power of the buyers is
moderately high.
There are various brands and service centres are
available to choose from nowadays and the buyers
have low switching cost due to the various brands with
similar specs and price with competitive marketing.
12. Continue…
The other centres are offering and providing many
attractive membership schemes like Extended
Warranty Program for cars out of Manufacture
warranty, Privilege Card Program and also providing
offers/packages for specific model of car. Hence the
bargaining power of buyers is high.
Result: Bargaining power of buyers is HIGH, hence
Industry attractiveness is LOW.
13. Industry rivalry:
Automobile industry in India is growing very rapidly
with all major players having their service stations and
sales in India. This is a major threat to existing Indian
automobile players.
The industry rivalry is very intense from competitors
which are company owned like Maruti, Hyundai, Tata
Motors, Mahindra, TVS having a good dominance in
their service ability.
Result: Threat from rivals is HIGH, hence Industry
attractiveness is LOW.