Audit of Auto-mobile Industry and Future Trends : Report

Added on - 21 Jul 2020

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Apple
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY..................................................................................................................................1A. Audit of auto-mobile industry and future trends..............................................................1B. Evaluation of macro environment factor..........................................................................4CONCLUSION...............................................................................................................................8REFERENCES...............................................................................................................................9
INTRODUCTIONBusiness environment determine effective activity to set up the organisation. In this waybusiness environment help to external as internal activity in organisation to solve business issueand development of a nation. In this context, present report is based on APPLE company. Thiscompany is basically located in the United States and provide different kinds of services intechnology company. With respect to this, the report assists to focus on introduction of newproduct in market and attract more number of customer in product line(Sandoval and et.al.,2017). In this way, company is focused on external factors to help in increasing the number ofcustomer and maintain the growth rate in organisation. In this way, Apple is the biggest companyin technology sector and produces iPhone etc. Now, at this time company is focused onproducing new market to increase the number of share in organisation. Moreover, it helps toexamine organisation’s internal as well as external factors in market(Sandoval and et.al 2015) .In this way, company is help to audit external as well as internal performance in organisation.Audit reports help to analyse company performance in different market.MAIN BODYA. Audit of auto-mobile industry and future trendsIn an organisation, audit report is the most important in work place. It helps to maintainthe growth rate in organisation. Audit report helps to increase the number of share and maintainthe growth rate in future market. In this way, auto-mobile sector is help to audit report toincrease the level of performance in market(Apple j, and et.al 2015). In audit report is help tomaintain the growth rate and analysed of company performance. In organisation audit is mostimportant factor, it helps to increase the level of performance in organisation. In this way, applecompany is help to introduce new product in auto-mobile sector isApple car. In this way beforelouche a new product in auto-mobile sector is help audit report are as follows: -At untied kingdom is work on auto-mobile sector in last 15 years. Producing more than10 million vehicle and help to export more that 85 % in market. U.K. Is one of the biggest hub ofauto-mobile sector (Sandoval and et.al 2015). Thecountry that has auto mobile playersstone Bentley, ford, Honda, jaguar, etc. all such are top most brand in U.K. And work in lastmany years. In the audit report is focus on the internal as well as external audit of theorganisation. Both the factor is most important in organisation. It helps to increase the level of1
performance in organisation and help to increase new product market. In this way, internal auditare follows :-Internal auditIn internal audit company is focus on internal performance and SWOT analyse of thecompany. It helps to examine the facts about the internal performance of the organisation andfocus on to maintain the growth rate in market (Apple and et.al 2015). SWOT is one of the tooluse to performance internal audit which is employees study internal environment of the business.Strength :- In this factor internal strength of auto mobile sector in U.K. Is largestrevenue generating sector. It helps to increase the level of performance in organisation. Inthis way, UK. Auto industries is contributed almost 25 million pound to economicdevelopment. It is help to increase the level of performance in organisation and maintainthe growth rate. In this context, diversity of the product is one of the strength of the automobile sector (Ball, and et.al 2017).Products manufactured by UK auto mobileindustry range from various premium andsports cars to commercial vehicles andengines. round 80% of this is exported, yearly. In this way, it is help to generate newemployment opportunities in organisation. It is help to increase the level of economicfactor and maintain the growth rate in market.Weakness :- In auto mobile sector is main weakness is disparity between manufactured.It can reduce the rate of performance in market. In this way, depleted supply chain is givenegative impact on performance in organisation. Inpotent supply chain and itscapacity is an important factor in determining market expansion and forginginvestment (Sandoval, and et.al 2015.). It will give negative impact onperformance in organisation and work environment. In this way, one of themost important factor is dependence on foreign market. It is reduced the rateof product and decrease the level of profit.Opportunities :- In opportunities is focus on e co friendly environment andmaintain the growth rate in market. This is the biggest opportunities inmarket and help to increase the market of apple company. In apple companyis focus on environment factor (Sandoval, and et.al 2015.). It is mostimportant before start a new product to find out economic factor inorganisation. It helps to increase the number of performance. In this way,2
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