Honda Analysis

Main Problem -1997 fiscal crisis The financial crisis in 1997 has a gigantic impact on the economy especially to the alliances including the Honda Cars. This crisis doubled the cost of imported parts and conference equipment. Although a sudden annex of their materials, Honda cannont increase its price. -Competition In the Philippines in that respect atomic number 18 around 19 car manufacturing business on the market. This competitors would drive home a great impact on Honda exchangeable red ink in market overlap and profitability may decline. Objective The verifiable of this study are: 1. To analyze and determine raw repair of policies and strategies to overcome the financial crisis 2. To develop strategies that will wanton Honda increase its market character amidst the increasing competitors Alternative Courses of Action Honda should revise and plan late strategies and policies that can adopt to the changes in economy like the sudden crisis . Honda could also develop products and opposite ideas that will make them above and unique against the rivals Swot Analysis Strengths -Innovation. - Market share preeminent in smart segment. - Strong brand equity.  -Unique products.  -Production System that is shattering over the years. - High and powerful research and development R&D.

- Best market share leadership new engine technology with the help of which Honda is gaining success day by day. - Popularity is termed as one of the best strength which results in promotion for the company Weaknesses -Cost structure of Honda is high as compare to other locomote manufacturers  -Apart from Nissan & Toyota, Honda requires privileged purchase ! deposit Honda sharpen to a greater extent on international deposits as compare to domestic deposits -  polite model is consider as one of the major weakness for Honda Company - Honda products are termed as inoffensive in name of style and design - Prices for non-luxury vehicles are far high as compare to other manufacturers - In truck line,...If you want to raise up a affluent essay, order it on our website: OrderEssay.net

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