This presentation examines the current environmental factors of the car manufacturing industry, with a focus on Land Rover. It includes Pestle and Swot analysis to identify macro environmental factors and key strengths and weaknesses. The presentation also highlights key findings and their impact on decision making.
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CASE STUDY LAND ROVER
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TABLE OF CONTENT •INTRODUCTION •PESTLE ANALYSIS •SWOT ANALYSIS •PRESENTATION OF KEY FINDINGS •CONCLUSION •REFERENCES
INTRODUCTION •Thispresentationisbasedonexaminingthecurrentenvironmentalfactorsofacar manufacturing industry. •It includes Pestle and Swot analysis as well to recognize the macro environmental factors and its key strengths and weaknesses. •Moreover, it highlights the key findings from both analysis to understand the decision making.Land Rover is considered here as the car manufacturing organization.
CONTINUE….. PESTLE ANALYSIS-This is the framework to monitor the external factors that impact the business of Land Rover in order to identify the strengths and weaknesses. •Political Factor •Economic Factor •Social Factor •Technological Factor •Legal Factor •Environmental Factor
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CONTINUE….. Political Factor •With Brexit and the new government in power, it has impacted restricted policies and regulatory rules which might help them to recover from the fluctuations and their powers at global levels and give them opportunity to retain its lost glory in unified manner. •Alongside, there is an incremental value in the imposition of the tariff barriers which has adverse influence on the sales and overall growth in the UK market.
CONTINUE….. Social Factor •Public is facing several issues like unemployment, privatization in health and social care sector and more due to hard Brexit and this forced them to shut down their manufacturing units and plants, resulting in job losses. •However, due to division of groups at Land Rover, that is one Non EU and other is EU favored populace, it forced their management to be cautious and show no discrimination to main their reputation.
CONTINUE….. Legal Factor •There is need to develop policies and norms to maintain the living standards after the pro Brexit Leave Means and help in formulating standardized legislative framework to bring balance in new and exiting marketplaces as well. •Subsequently, the confusion over the policies laid by the government forced this company's management to follow all the ethical considerations in order to achieve the strategic planning with proper certification.
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CONTINUE….. Strengths •This brand has one of the best reputation on the British lands. It is considered as the strongest brands which are preferred when compared to other cars. •This four wheel drive vehicle is well-known for its design. •Their sales volume and profits generation are remarkable in all the markets of the Asian continent especially the Chinese markets, Indian and Middle-Eastern markets.
CONTINUE….. Weaknesses- •The markets of international levels has diversified product portfolios which led to prevailing tough competition from Land Rover's rivals. •There were few remarks and past incidents which affected their customer base. For instance, JLR XF Sedans were recalled due to issues related to the seat belt assembly. •Moreover, the emission of carbon and related compoundsalso affected their selling capacities and complied their engineering team to bring innovation under the legislative framework.
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CONTINUE….. Opportunities •There expansion plans have given Tata Motors Land Rover a platform to enter into new markets such as Canada and neighboring locations. •This is possible after their successful start in terms of performing operations and setting up of units in the markets of China and India. •In regard to this, energy consumption of this vehicle is focusing on mitigating the carbon dioxide emissions by investing substantial amount on the technical units in all the locations.
CONTINUE….. Threats •With Brexit, its stability has been in shaky mode and thus, it leads to fluctuation in the currency. •However, British Pound is in more stringer positioning than Euro or Yen and helped this organization to gain the financial profits. •Consequently, changes in the oil and other raw materials which posed threats to their overall budgeting in terms of legislation rules, emission of CO2and more.
PRESENTATIONOFKEYFINDINGS •From Pestle Analysis, it has been found out that Land Rover has bright future for any investments from external sources. •All the factors are crucial in underlining the significance of its current status in the marketplaces at both global and local levels. •It helped in bringing modifications to bring static and concrete steps to maintain their reputation and credibility. For instance: policy making
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CONTINUE….. •From SWOT Analysis, it has been inferred that market shares and the sales tactics have been proved beneficial for this company. •It also shed light on the decision making by their Human Resource Departments that accelerated the need of strong chains of interconnected teams for promoting growth and development. •This helped in developing a market mix strategy of Land Rover in new markets and existing markets as well.
CONTINUE….. •Influence of analysis on decision making process of Land Rover: •The overall impact is that this company's management can set up a fixed pricing depending on the model of the car and its engine specifications. •It helped in formulating new policies for the expansion plans and assist in making new pricing decisions to gain competitive advantages. •Moreover, the technical team focuses on bringing improvement plans depending upon the feedback and review they received.
CONCLUSION •It has been summarized that Pestle Analysis has emphasized on evaluating the factors like political, economic, legal etc. to understand the market trends and Land Rover's positioning among the rival companies. •Additionally, it assesses the strengths, weaknesses, opportunities and threats of Land Rover to gain insights on the dynamics related to its overall credibility.
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REFERENCES •Crawford, M.J., 2016. An Analysis of Operating Environment & Strategy: A Case Study of Tata Motor. •Horberry, T., Stevens, A. and Regan, M.A., 2017. Driver Acceptance of New Technology: Overview. InDriver Acceptance of New Technology(pp. 23-28). CRC Press. •Kumar, S.H., 2017. Impact of Brexit on Tata Groups.DHARANA-Bhavan's International Journal of Business.11(1). pp.29-32. •Oettle,N.andSims-Williams,D.,2017.Automotiveaeroacoustics:Anoverview. Proceedings of the Institution of Mechanical Engineers, Part D: Journal of Auto mobile Engineering.231(9). pp.1177-1189.