logo

The Global Business Environment : Assignment

   

Added on  2020-10-05

8 Pages2367 Words458 Views
THE GLOBAL BUSINESSENVIRONMENT
The Global Business Environment : Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1The environmental analysis of the global auto-mobile industry............................................1Porters five force model on global auto-mobile industry.......................................................3REFERENCES................................................................................................................................6
The Global Business Environment : Assignment_2
INTRODUCTIONThe below report assesses the environment of the Global Auto-mobile industry. Thereport makes use of PESTLE analysis which identifies the political, environmental, social,technological, legal and economical challenges faced by the auto-mobile industry. It exploresvarious dimensions which explains the occurring challenges and how these challenges can beovercome by the organisations. The other model which is used in the report in order to assess theenvironment is porter's five forces analysis (Rothaermel, 2015). The model explains the variousthreats and challenges faced by the organisations and how these challenges can be overcome inorder to achieve set growth and development. The environmental analysis of the global auto-mobile industry.The global auto-mobile industry is a multi million industry with several large brandscompeting for market share (Abbott, 2015). Car production company is global Auto-mobileindustry. Below is shows the PESTEL analysis of the automotive industry that include thepolitical, economic, legal, technological, environmental and social factors are as follows:Political factorIt is plays an important roles and have a direct impact on the profitability of the auto-mobile industry. This may includes the government policies, rules and regulation, taxation.Moreover, taxes on the luxury vehicles and fuel guzzler low emission vehicles. They are alsoreceiving higher government support for their low environmental impact. Such as thegovernment rules and regulations heavily affect to business and revenues of the vehicle brand.The import rules and taxes very from country to country. There are so many factors are affect toauto industry. For example: government rules and regulations are impact to the business of carproduction surges in Europe. Like government make changes in their some policies and increasetax rate. In that case company have to pay the extra tax on purchasing raw material and any otherproducts. That is gives very biggest impact on the auto-mobile industry. Economic factorEconomic factor are also impact to the business and its growth. It is important in thecontext of the automotive industry. This sector is hit hard by the recent economic crisis. Forexample: the economic condition is not goods, at that sales of vehicles fall. The demand ofluxury or high priced vehicles is also affected poorly during poor economic conditions.1
The Global Business Environment : Assignment_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
The Global Business Environment Assignment Solved
|11
|3164
|482

Assignment on Global Environment (Doc)
|13
|3540
|160

The Global Business Environment Assignment
|13
|3205
|303

Global Business Environment INTRODUCTION
|11
|3208
|183

Global Environment Analysis of Global Automotive Industry
|13
|3132
|449

Global Environment Assignment - Solution
|8
|3174
|263