This report provides an overview of the vision and operations of Morgan Motors. It explores the company's vision to be a leader in the automobile sector and its operations in manufacturing cars. The report also evaluates how the operations of Morgan Motors satisfy three key stakeholders: customers, competitors, and employees.
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Assessment 1: Individual report
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Table of Contents INTRODUCTION...........................................................................................................................1 1. Vision of Morgan Motors........................................................................................................1 2. Operations of Morgan.............................................................................................................1 3. How operations satisfies 3 stakeholders.................................................................................2 CONCLUSION................................................................................................................................2 REFERENCES................................................................................................................................3
INTRODUCTION Morgan Motors is a British motor car company that whose headquarter is in UK and its vision is to be a leader in automobile sector in term of revenue growth. The main aim of this report is to enhance knowledge related to operation. Further, report will describe vision of the Morgan Motors, further, study will presents operations of Morgan and how it supports the delivery of their vision. Lastly, report will evaluate thee extent to which operation satisfies 3 stakeholders. 1. Vision of Morgan Motors The vision of Morgan Motors is to become a leader in tern of revenue and also takes action for increase employment. Further, company also wants to have a clear vision for the future and strong demandfor product from customers around the globe (Morgan Motor: a British motoring icon,2018). 2. Operations of Morgan Morgan Motors is owned by family group and from March, 2019 it is owned by Italian Investindustrial. Currently, the company produces more than 830 cars per year and it is only deal in cars manufacturing. It provide best customer service to their customers and that is why, it wants to hit the market and stay top in competition. As company's vision is to be top at international level and that is why, it is critically analyzed that its marketing department helps the company to reach at variety of customers and this in turn assist to enhance the revenue. Moreover, company has effective sales department and marketing department that helps to let people know about the new model and also assist to raise its sales ratio (Rich and Shararah, 2020). In addition to this, as the company provide range of car model to their customers and it deals at different location, that is why, it is analyzed that company have effective operations that further support its vision. On the other hand, it has strong customer service department and as per the Trustpilot, it is critically evaluated that it has an excellent services (as per review from customer) which clearly reflect that its operation assist business to attain its vision. Company also deal in manufacturing products (car) and it is made by hand with ash-frame. This is what makes Morgan cars so special and valuable. Company produce the car as per the demand of customers and also, as compared to other company, Morgan car takes too much time but provide good variety of products. 1
3. How operations satisfies 3 stakeholders The three stakeholders are as mention below: Customers:One of the most important stakeholders for Morgan Motors and through its operation it is analyzed that company tries to product car after analyzing the needs or demand of customers. Therefore, it is reflect that the operations of Morgan Motors satisfies customers and also make ensure that they provide on time delivery to their stakeholders. In addition to this, it is also realized that company keep accepting the market changes and also make sure that it keep producing the same variety of products that assist to satisfy the needs. Competitors:As company vision is to generate revenue and also stay ahead in the competition and that is why, it makes changes in its price so that its competitor did not compete in automobile sector. Due to having unique designed and environmental friendly raw material, company differentiate itself from others and try to increase its sales as well. Moreover, it is also analyzed that company produce at least 830 cars per year by focusing in its quality, that shows, Morgankeep satisfies its second stakeholders (Coffey and Thornley, 2020). Or else, quoted firm also make sure that it comply competitive pricing strategy in order to compete in this competitive market. Employees:The company have around 250 skilled employees at global level who uses their competencies in order to present the best quality or design for their customers. That is why, it is consider key stakeholders for company who directly affect from the decision taken by its owners. Morgan Motors also deals at different location and it make sure that it provide good working environment to their employees so that it will help to maintain long term relationship with a firm. Therefore, employees are directly affected from the operations of Morgan Motors. CONCLUSION By summing up above report it has been concluded that company wants to stay ahead in the competition and that is why, it provides the best variety of design to their customers. From the above, it has been concluded that company produces more than 830 motor cars in every year but it takes enough time for production because it works as per the demand of customers. Report also concluded that customers, competitor and employees are three stakeholders who are completely satisfied with the operations o Morgan Motors. 2
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REFERENCES Books and Journals Coffey,D.andThornley,C.,2020.Britain’sCarIndustry:Policies,Positioning,and Perspectives.InNewFrontiersoftheAutomobileIndustry(pp.137-161).Palgrave Macmillan, Cham. Rich, N. and Shararah, M. A., 2020.Systems for Manufacturing Excellence: Generating efficient and reliable manufacturing operations. Kogan Page Publishers. Online MorganMotor:aBritishmotoringicon.2018.[Online].Availablethrough: <https://www.morgan-motor.com/about-morgan/>. 3