Strategic Management Report Australia 2022

Strategic
Management

Strategic Management 1
Contents
Introduction............................................................................................................... 2
Main Body................................................................................................................ 2
Background to the study............................................................................................ 2
Five forces model.................................................................................................... 2
Reasons for importing by the car manufacturers in Australia than manufacturing......................4
Conclusion................................................................................................................ 4
References................................................................................................................ 5

Strategic Management 2
Introduction
Strategic management is used within the industry having similar business models or
combination of the strategies. The organizations within the industry and their composition are
determined by the dimensions to be used to describe the groups. Strategic management
represents ability of a company to define both short and long term goals and determining
actions required to take actions attain goals. This report is all about the strategic management
of the worldwide motor vehicle industry which is also identified as the automotive industry.
The external environmental analysis of motor vehicle industry is done in the report along
with the discussion of why motor vehicle producers in Australia import than producing in
Australia.
Main Body
Background to the study
The motor vehicle industry internationally is a multi-billion industry. Although the motor
vehicle industry is highly competitive due to the availability of the large players trying to
leverage their competitive advantage in order to gain a large market share. The motor vehicle
industry includes all the companies involved in the manufacturing of the motor vehicle
comprising most machinery like engines and bodies. The principal products of the motor
vehicles are passenger automobiles comprising pick up, vans and sport use vehicles.
The motor vehicle industry has great contribution due to the technological advancement,
standardization, and introduction of mass production. General Motors (GM) Corporation has
been identified as the globe’s largest motor vehicle company with the largest private-owned
manufacturing enterprise. The greatest manufacturing of motor vehicles is done in US. There
is also substantial growth in motor vehicle manufacturing in Europe after US. The motor
vehicle industry of Europe is moving in the same direction as US.
Five forces model
A five forces model describing the worldwide new car motor vehicle industry has been
mentioned.