The presentation explores the PESTLE analysis of Jaguar and discusses the macro environmental factors and their impacts on the business. It also provides a SWOT analysis and examines the influence of internal and external factors on decision making process.
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BUSINESS AND BUSINESS ENVIRONMENT
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Table of Content INTRODUCTION MAIN BODY CONCLUSION REFERENCES
INTRODUCTION The presentation explores the PESTLE analysis of Jaguar that identifies and discusses the macro environmental factors and their impacts on the business of Jaguar with it positive and negative points. Along with it, it provides a SWOT analysis identifying the Strengths and Weaknesses of Jaguar and their interrelationships with external factors and internal and external analysis and their influence on decision making process.
PESTLE analysis 1. Political factor:It's impacting on the profitability of the JAGUAR. Moreover, taxes apply on the luxury vehicles & fuel guzzlers grows highly. JAGUAR should follows Government rules & regulations to be focusing on environment friendly vehicles which have globally grown in demand. However, the political factors are generally controlling by the outside factors or the Govt. 2. Economical Factor:Under this factor JAGUAR should focus on the demand & supply for luxury or high priced. The developed market set higher sales as the purchasing power of the customers is higher
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CONT.. 3. Socio- cultural Factor:Every year new models are launching by the JAGUAR, due to socio-cultural forces with the changes in customer's preference & new market trends. Thus, JAGUAR is trying to update its features through customization according to the needs & demand as dealing with luxurious aspects. 4. Technological Factor:In the Context of upgrading technology with innovation, JAGUAR should be focus on investment in research & development as having competition in the auto mobile industry.
CONT.. 5. Legal Factor:Law is another important factor, which affect the profitability & performance of the JAGUAR Brand. There are some environmental laws, tax laws & several other laws that the JAGUAR deals with while operating in the international market. It is majorly discovering the activities of providing safety stricter, quality control. 6. Environmental factor:The environmental factor stats that JAGUAR should be focusing on eco-friendly & sustainable development of product
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Positive and negative impacts on Macro Environment All The factors discussed above are important in the context of JAGUAR. That helps to improve working condition, maintenance of workplace with the purpose disposal of wastage & hazardous material. JAGUAR investigate contamination process of safety of vehicles, fuel economy, air emissions and accidental releases into the environment.
SWOT analysis Strengths Jaguar produces high quality vehicles which are embraced in the markets worldwide. The cars hold a reputation of being one of the best cars all around the world. This adds as a strength of the car maker. Also, the company have a rich culture identity and global brand values which asserts itself as a leading competitor within car manufacturers such as Ferrari and Lamborghini
CONT.. Weaknesses Compared to other companies Jaguar is having very limited cars in its segment.Thisisadrawbackforthecompanywhereotherofits competitors are have large car selections in their segments. Thismakesitsconsumerbaselowasmorevarietieswillattract variety of consumers. Also, the TATA acquisition has to led to cost cutting which later resulted in UNION issues
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CONT.. Threats There is a strong competition for the company because of increased globalisation and the rising of new competitors in the worldwide market. Another factors is its dependence on government policies which in some countries are very strict and creates hindrance for the car manufacturer to sell and promote its services. The financial stability creates problems for the car maker facing the steep downfall in its luxurious car segment time.
Opportunities Thecarmanufacturerisreceivingitsgrowthin emerging economies such as China, Russia, India etc. Thehybridmodelsoftheluxurycarsisstillan untapped market. This might improve the overall jaguar's market gain and can increase its availability in countries where it is still missing from. The company has said to explore more options in the segment of SUV which is another benefit for the luxury car maker.
Internal and External analysis and their influence on decision making process Internal Analysis:Internal factors such as non effective management techniques and not using resources properly can hinder organisation's growth. These factors can make the organisation suffer with its market and consumer reach. It is important for an organisation to have such things in context which can benefit them if anything is making them suffer internally. The major internal factors that an organisation suffer poor communication within the department.Thecommunicationisthemajorkeythatcreatesandmakesthe organisation reach further beyond its limits.
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External Analysis The external analysis showcases the factors that lead to the organisations overall reputation and how the consumers and other people view a particular company. Also, the external factors determine how a company is going to operate within the circumstances provided or how the external environment of any organisation will make itself lead to the further growth. These factors are the changing needs and demands of consumers, arrival of new products in the market within the same commodity, the impact of information based technologies such as internet and social networks etc. Jaguar has seen to be affected mostly by political factor.
CONLUSION The presentation outlined the PESTLE analysis of Jaguar which identified and discussed the macro environmental factors and their impacts on the business of Jaguar with it positive and negative points.
REFERENCES Stacey,R.D.,2016. Thechaosfrontier:creativestrategiccontrolforbusiness. Butterworth-Heinemann. Morecroft, J.D., 2015. Strategic modelling and business dynamics: A feedback systems approach. John Wiley & Sons.
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