This report focuses on inquiry-based learning and its application to Harley Davidson. It covers the company's history, areas of failure, current trends, models of analysis, and recommendations for further development.
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Inquiry based Learning 1
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Table of Content INTRODUCTION………………………………………………………………………………..4 MAIN BODY Company history background……………………………………………………………………4 Identify areas of failure and why………………………………………………………………..5 Current trends and competition at that time…………………………………………………….5 Models of analysis………………………………………………………………………………..6 Recommendations………………………………………………………………………………..8 CONLUSION……………………………………………………………………………………9 REERENCES…………………………………………………………………………………….10 2
Executive Summary The overall report is all about the learning which is on the basis of inquiry. The overall report consist of the history of company and also about identification of the areas of failure along with reasons of it. In addition to this, the report will cover analysis about current trends and competition at that period of time. Moreover, the report will cover discussion about the models of analysis and also about the recommendations which are required for the company’s further development and growth. 3
INTRODUCTION Learning refers to the process of acquiring new knowledge, understanding, skills, behaviors, values, skills, preferences and attitudes. Learning is very important whether it is at organizational level or at personal level and it is a continuous process which takes a very long period of time. Enquiry based learning have the emphasis on people’s role in the process of learning and also ask them to engage with an idea.In the present report, Harley Davidson is taken into consideration(Bryant and Favier., 2015).It is a Motorcycle manufacturer company of America that was established in the year of 1903 in Milwauke, Wisconsin.The report basically consist ofthe history of company and also about identify about the areas of failure.The report also consist ofcurrent trends and competition at that period of time. Moreover, the report will cover discussion about the models of analysis and also about the recommendations which are required for the company’s further development and growth. MAIN BODY Company history background Harley Davidson is an American manufacturer of motorcycle which was founded in the year of 1903 in Milwaukee, Wisconsin. It was one of that company which survives in the Great Depression and also the American motorcycle manufacturer. There werefriends who combined together for purpose of new engines of fangled. Harley has to face wars on the world wide basis on double times which were designed during the crisis of finance.The organisation has stand themselves strong in different ownwership arrangements, subsidiary arrangements, product quality and periods of poor economic health(Uribe and et.al., 2020).They have also faced competitionon the global basis for becoming the manufacturer on large scale on the world wide basis of motorcycle and this brand is majorly known for its following on the loyal basis. The company is majorly famousfor its stylish customization which gives new birth to the style of motorcycle chopper.The company in its traditional form marketed as the heavyweight and air cooled cruiser motor cycle with engine displacement which is greater than 700 CC. Theyhave offerings on the broaden scale that includes middle weight street platforms and have more more contemporary VRSC.The company has manufacturing unit into different countries such as Pennsylvania, York, Brazil, Bawal, Wisconsin, Pulak Daeng and India, 4
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Thailand.Harley Davidson, markets its products on the world wide basis and also markets under the brand of Harley Davidson among them apparel. In addition to this it includes, accessories, ornaments and home décor, toys, video games which is based on the community and motorcycle line. Identify areas of failure and why There are certain reasons due to which Harley Davidson has to face failures which are defined into the following manner: The main reason of such a drastic decline in the revenue of company is due toHarley Davidson market which has motorcycles of branded nature.There are motorcyclists of younger age who are more towards purchasing the cheaper option and the core customer base is aging. The main consequences can be seen in the decline in the rapid basis of US shipment which is over the fast past five years. There are certain weaknesses of Harley Davidson who has intense competition with other motorcycle companies and it also result into limited growth into the market share of brand. They have to also face many allegations which regards to the environmental pollution (Feldt and Petersen., 2021).They have to face problems specially at the time period COVID-19 where they have to forcefully shut down the manufacturing of motorcycles. This is also the reason due to which they have to face decline in the revenue and profits of the company for a very longer period of time. There are certain countries who donot prefer for big bikes and as it is a very luxuriou brand so it becomes difficult for the company to stand themselves strongly into this international market. There are local partners which an support them to stand competitively into this new market. So these are the main reasons due to which Harley Davidson has to face failures into negative terms. Current trends and competition at that time There are certain current trends of the retail sector which are defined into the following manner: 5
The innovative retail trends of augmented reality, machine learning and artificial intelligence. The most important trend of retail industry is the investment in omni channel strategies of retail (Cooper and et.al., 2015). According to the research, it has been observed thatthe consumer has 3.64 devices of connected nature and also consult the devices in order to make a purchase.It also provide a personalized retail experience ishaving the experience of personalized shopping.In the world of retail, personalization basically involves retailers giving consumer suggestionwhich is dependent on thee order history, previous searches and their location(Rothkrantz., 2015).Retailers also create experiences onthe personalized basis through simple services and it includes bots of chatwhich increases theinteraction and customer engagementas well, text messages which provides updates on the orders, tele based communication and other services as well. Models of analysis For taking appropriate decision and analyze the market in order to take a proper action towards it there are certain frameworks which help the company to analyze the environment. These frameworks basically included SWOT analysis and Porter’s five forces which are defined into the following manner: SWOT analysis of Harley Davidson Strength:There are certain main strength which affect theimprovement and business growth in the case of the brand which includes the image of brand into stronger terms of Harley Davidson. Culture of organisation that attracts the base of stable nature of customers who are loyal and expertiseincustommotorcycle/chopperproductionanddesign.Thisisthecultureof organization which act as competitive advantage in this international market and they also ensure about the stability of business. Weaknesses:Harley Davidson weakness is basically dependent on the focus of current limited andreach of the business as well.It also deals with the factors of strategic at internal level which prevents the company of motorcycle from growing expanding and maximizingits overall performance and its revenues as well.There are certain weaknesses of Harley Davidson which includemix of product which is of narrow naturewhich isaimed for limited market reach despite 6
the multinational presence, custom motorcycles(Blessinger and Carfor., 2015).In addition to this,chain strategy of limited supply chain strategy for expansion at global level into supportive terms.The company hasproduct mix into narrow terms which is a weak point that prevents the business from reaching the segments of more market.The organisation is into negative terms because it can only generates sales in North America. Opportunities:Thebrand opportunities has relationship with market of motorcycle on the global basis and strengths for grow and the company’s competitive advantage as well.There are certain opportunities of Harley Davidson which includes global expansion of automotive sales and manufacturing as well(Marks., 2017).It also includecompany has opportunity in terms of expansion especially into context of high growth developing markets and product diversification beyond the customer motorcycles. Threats:The Harley Davidson threats are dependent on the Market trends and legal structures as well.There are three major threats which has been faced by the Harley Davidson which include aggressive competition with different international buyers. In addition to this, it has imitation of motorcycle designs and also increasing preferences for electric vehicles. The company has to face aggressive competition which is a threat against the business. So in this manner, SWOT analysis help in terms of identifying the strengths, weaknesses, opportunities and threats. It also guide in terms of building on what the individual do well and addresses in what they are lacking. For analyzing the retail market into appropriate manner, it is important to consider the porter’sfive forces framework into proper way which is defined into the following manner: Porter’s five forces of Harley Davidson Competitiverivalry:It istheparameterwhichidentifiesthe impactof different companies in the industry of motorcycle and industry of automotive environment.There arecertain factors at external levelthatcreates the strong force of rivalry into competitive manner which include high availability of substitutes, the high number of firms and moderate variety of firms. Harley Davidson Bargaining power of customers:It is the parameter ofanalysis of five forces which outlines about the factors at external levelwhich enablesbuyers or 7
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customersin influencing the environmentof industryofmotorcycle(Lee and Galindo., 2021).There are certain external factors whichcontributes to the Harley Davidson’s customersstrongbargainingpowerofwhichbasicallyincludehighqualityof information, moderate switching costs and high substitute availability as well. Harley Davidson Bargaining power of suppliers:Harley Davidson affect the Suppliers in relation to the materials of sufficiencywhich is used for its business. This is the parameterofevaluationwhichdealsinwhichmannersuppliersinfluencethe environment of industry of motorcycle(Bailey., 2018).There are certain factors at external level which create the weak bargaining power of suppliers which includeshigh supply stability, low forward integration and moderate size of suppliers. Substitute threat against Harley Davidson:The performance ofbusiness of Harley Davidson is dependent on the substitutes effects on the customers behaviours.This is the analysis which indicates that in which manner substitute products influences the industry of motorcycle environment. There are certainfactors at external level which lead towards the substitution threat at moderate level which isagainst Harley Davidson which is defined into the following manner: It includesthe moderate substitute variety, moderate switching costs and availability high substituteas well. New entrants threat:There are entrants at new level which minimses the base of customers of Harley Davidson.It is the analysis which determinesthe effects at potetial leveloffirmsatnewlevelonthebrandandindustryenvironmentof motorcycle(Misra.,2020).There arethreat of new entrants at moderate level which is dependent on factors at external level which include moderate switching costs, moderate economies of scale and brand development high cost. In this manner, porter’s five forces act as competitive forces at work within the industry which can help in terms of assessing the attractiveness of an industry and also pin point the areas where individual can adjust the strategy in order to improve the profitability. Recommendations It has been recommended that the main advice for Harley Davidson is that they have to ensure that policies does not deter the company from their current strategy. They have to move production for the European market overseas and also concentrate on producing and designing of 8
new products for existing and new markets. IT has been also recommended that they have to understand the market into more deeper manner through intensive growth strategy is the market penetration. The company can also grow themselves through using the intensive strategy in reachingtowardsthemorecustomersintheircurrentmarkets.Sothesearethemain recommendations for the company in order to grow themselves into positive manner. CONCLUSION It has been concluded thatlearningis very significantin order to grow themselves into positive manner. Every organisation grow themselves by learning through different phases of their performance into the market. It has been determined that there are certain current trends of marketor in the retail industry which is beneficial for the development of the company. It has been observed that in order to analyze the market into appropriate manner and to take right decision for the company it is necessary to use certain framework into proper manner. These framework help the company that how they can improve themselves into fast pace manner. That’s why learning on the inquiry basis is very necessary in order to take result oriented actions. 9
REFERENCES Books and Journal Bryant, L. M. and Favier, T., 2015. Professional development focusing on inquiry-based learning using GIS. InGeospatial technologies and geography education in a changing world(pp. 127- 138). Springer, Tokyo. Uribe and et.al., 2020, June. Automatic content analysis of computer-supported collaborative inquiry-basedlearningusingdeepnetworksandattentionmechanisms.InInternational Conference in Methodologies and intelligent Systems for Techhnology Enhanced Learning(pp. 95-105). Springer, Cham. Feldt, J. E. and Petersen, E. B., 2021. Inquiry-based learning in the Humanities: Moving from topicstoproblemsusingthe“Humanitiesimagination”.ArtsandHumanitiesinHigher Education,20(2), pp.155-171. Cooper and et.al., 2015. Gender differencesin achievement in an inquiry-based learning precalculus course.International Electronic Journal of Mathematics Education,10(2), pp.97- 110. Rothkrantz, L., 2015. Inquiry based learning as didactic model in distant learning.International Journal on Information Technologies & Security,7(4). Blessinger,P.andCarfora,J.M.,2015.Inquiry-basedlearningforscience,technology, engineering, and math (STEM) programs: A conceptual and practical resource for educators. Emerald Group Publishing. Marks, S., 2017. Inquiry-based learning: It matters for life.Access,31(4), pp.4-11. Lee, J. S. and Galindo, E., 2021. An inquiry-based approach: Project-based learning. InProject- Based Learning in Elementary Classrooms: Making Mathematics Come Alive. The National Council of Teachers of Mathematics, Inc.. Bailey, L. A., 2018.The impact of inquiry-based learning on academic achievement in eighth- grade social studies(Doctoral dissertation, University of South Carolina). Misra, D., 2020. Using inquiry-based learning in executive education programmes.Journal of Workplace Learning. 10