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Contemporary Management Issues: Case Study of Honda and Changing Drivers

   

Added on  2022-12-28

16 Pages5211 Words83 Views
Contemporary
management issues

Table of Contents
INTRODUCTION ..........................................................................................................................3
Case study of Honda and two major changing drivers. ............................................................3
key dynamic forces impacting on business and society. ............................................................4
Porter's five force model:............................................................................................................7
The organisation responded to these changing drivers...............................................................8
Recommendations.....................................................................................................................13
CONCLUSION..............................................................................................................................14
REFRENCES.................................................................................................................................15
Books and Journal.....................................................................................................................15

INTRODUCTION
Management of business is connected with each organisation function that a company
perform to determine its plan of actions and decision making. Business company going through
with so many issues regarding the problems of management because of several power and
employees that create impacts on its performance (Alvesson and Gabriel, 2016). These kinds of
forces can be both external as well as internal that create impacts on sustainability and decision
making of business. Honda company is founded in 1959, and it is a Japanese organisation.
Honda organisation is a trader and manufacturer of cars, auto mobiles and so on. This
organisation is a very famous and broad range into the globe that constitutional raise the
challenges and competition level. In past few period, the organisation Honda had undergone
several challenges regarding external issues and it create impacts on policies and on government
as well. This context is also determining and analysis about the problems of business strategical
in this dynamic nature. To grow effectively it is become important to acquire important theories
and factors to react with strategic preparation. This context is going to identify about the
requirements of the organisation to develop its productivity and approach alteration into the
society.
For this case, there is analysis of dynamic changes in factors and their effects on their
organisation. Moreover, this context is also going to concentrate on requirements of modification
and how it can acquire by the company.
Case study of Honda and two major changing drivers.
Honda company is amended organisation. Honda has their headquarters in Tokyo, Japan.
The company is very famous and has their broad range globally to set their organisation and
make their products so popular so that they can become more popular, and because of this its
help the company to makes it popular and largest manufacturer of cars and auto mobile. The
Honda required to check the requirements of the surroundings and society, that has not
completed in the existing period that create impacts on greenhouse gases. The target of the
company to minimise these affects and start summing of vehicles of electric so that no sources of
energy would get endure (Bhattacharjee, McKenna and Ray, 2016). This case study presents the
requirements to evaluate the external factors of the Honda company with the assistance of
PESTLE and porter’s analysis. The organisation has acquired two main function and that is

climate protection, and technological change. These function are very important and required
that an organisation has undertaken to boost and upgrade modification in the company.
Therefore, there is a requirement to analysis and determine the strength and weaknesses of the
organisation by that they can simply analyse the domain that where is modification is needful
and that could be evaluate by SWOT analysis.
key dynamic forces impacting on business and society.
SWOT Analysis
This is the very effective concept and structure that help the company to identify and
analysis the internal factors of the company by presenting their weaknesses and strength that is
required to access threats and opportunities in the effective way (Griesshammer, Sadjadian and
Wille, 2018).
Strength: This is the very effective and affirmative feature of the company because
strength present that how a company has elaborate in their goods and services. The company
Honda has their several powerful features in the industry because as they are most leading and
reputed industry of engines. They has engines that has advanced lasting features, affluence in
beginning and fewer fuel ingestion. It cater advance competency and ability service and
availability. Further strength of Honda is powerful brand image of their company in the globe
because they have varied huge goods scope and powerful brand case. The organisation is the
sizeable manufactures of motorcycles and cars into the market of Asia by which they exploit
several industry and its business due to their advanced quality and engine mechanism.
Weakness: The company weaknesses are key ground behind its property and losses at
upcoming manufacture. The term weaknesses get down the organisation strength and become the
barrier among their success and growth. The company Honda has little concentrate on
investigation and development and they do not have any investment for fresh invention or
alteration that is very key and chief weakness of the organisation.
Honda is lies in North American department that has revived its gross sales into few
periods by that different franchise endure its ratio and efficiency due to little attention and
concentration.
Opportunities: Opportunities indicate the modes by that a company acquired and adopt
to become more innovative, creative, impressive and continual into the industry (Lis and
Tomanek 2017). The company Honda has more amended and finer possibility or opportunities to

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