Contemporary Developments in Business and Management
Added on 2020-11-12
10 Pages3714 Words176 Views
Contemporary Developments inBusiness and Management
Table of ContentsINTRODUCTION................................................................................................................................3TASK 1.................................................................................................................................................31. Give a brief overview of the primary external influences to which the organization is subject and briefly explain the particular importance of each to the organization......................................3TASK 2.................................................................................................................................................51. Analyse its relevance to your chosen organization and how it influences policies and decision-making within your chosen organization or industry-sector............................................................52. Critically evaluate the effectiveness of the organization’s response............................................63. (If possible and appropriate) demonstrate some areas for improvement in the response of the organization......................................................................................................................................8CONCLUSION....................................................................................................................................8REFERENCES...................................................................................................................................10
INTRODUCTIONBusiness is a process which is made by operations of ample number of elements, so that theycan work in appropriate manner and also achieve their goals and objectives along with someprofitability. Where as management is a part of business, which help them in making propercoordination between different elements, so that they can perform their business and operations ineffective manner and also attain some profitability. The organization which has been chosen forcompleting this report is Jaguar Cars, which is a car manufacturing organization and use to providetheir products and services at global level. In this report, a discussion will take place on influenceand affect of external factors on organizational performance and also how much important they arefor organization will get discussed (Alvarez, 2016). Also, for completing second part of the report,the theme which has been chosen is Customer Relationship Management. Along with this, a studywill take place on relevance of it with Jaguar Cars and how they affect their decision making. TASK 11. Give a brief overview of the primary external influences to which the organization is subject andbriefly explain the particular importance of each to the organization.Jaguar car is one of the biggest car manufacturing and selling organization of the world,which have their head quarter at Whitley, Coventry, England. It was founded in 1935 and waspopular as Swallon Sidecar Company till 1945, and after it the name of organization get changed toJaguar Cars. In year 2012, Jaguar Car was re owned by Land Rover to form Jaguar Land Rover.They use to perform their operations in different nations of the world, therefore for them it is verymuch important to analyse the external factor of that nation and also their influence on working ofthem. Beneath is the explanation of these factors along with their importance for Jaguar LandRover :-1.Political factor : It is associated with government of the nation, as performance of anorganization is very much dependent on stability of ruling party of UK. It is very muchimportant for Jaguar Land Rover to understand the political conditions of that nation, so thatthey can make their strategies and plans according to it only. Government of a nation plays avital role in success and failure of an organization, as if the political conditions of a nation isstable then, it become very much easy for their organizations to perform their business andattain some profits (Amin, 2014). This all help them in grow and develop their business.Where as, if the marketing conditions of that nation is not stable then, it poses difficulties fororganizations working in their business environment, and not able them to perform their
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
(solved) Managing Innovation in Business: Assignmentlg...
|12
|3036
|312
Contemporary Development in Business and Managementlg...
|13
|4520
|21
Impact of Innovations and Digital Technologies on Jaguar's Organisational Developmentlg...
|12
|3954
|288
SWOT and PESTLE Analysis of Jaguar Land Roverlg...
|16
|3796
|409
Environmental Analysis of Automobile Industrylg...
|9
|2378
|147
Strategic Management of Jaguarlg...
|8
|1894
|303