We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Modern management of Honda Company - Research Paper Example

Comments (0) Cite this document
Summary
Honda is the leading global developer of motorcycles and internal combustion engines. It is located in Singapore, Japan. This company became dominant over Nissan in 2001 and gained the position of one of the most successful and largest manufacturers in Japan. …
Download full paperFile format: .doc, available for editing
Polish This Essay95.3% of users find it useful
Modern management of Honda Company
Read TextPreview

Extract of sample
"Modern management of Honda Company"

Download file to see previous pages Honda is the leading global developer of motorcycles and internal combustion engines. It is located in Singapore, Japan. This company became dominant over Nissan in 2001 and gained the position of one of the most successful and largest manufacturers in Japan. In 2008 Honda over passed Chrysler and became the greatest manufacturer in the USA. In the world the Company gains the position of the sixth largest manufacturer of automobile. As far as we can see, the company is a powerful and estimable competitor in the arena of the global automobile industry. In order to advance its positions in the modern world, Honda should increase its sales. Unlike its main competitors, the Detroit Big Three and Toyota, Honda gained a 1% increase of sales in America (The Official Website of Honda). Still, there is a need to focus more on the demands of global markets and take into account advanced needs if the customers all over the world. Two basic pillars of the modern demand of the automobile industry is environmental safety and energy efficiency. Moreover, in accordance with recent statistical data: “Honda is the largest engine maker in the world, producing nearly 11 million engines annually for its three product lines, including sales of engines to other manufacturers. Honda also builds products in more than 100 manufacturing plants in 33 countries, employing more than 125,000 associates globally” (The Official Website of Honda). The most beneficial strategy chosen by Honda in terms of economical crisis in the world can be illustrated by the Civic and the Accord automobiles. These models of automobiles are of mid-size and there is a high fuel-efficiency of the vehicles. There is also an essential flexibility of the automobiles. Moreover, within the last decade Honda managed to create their factories more flexible and these are able to reshape any Honda model of the automobile at any moment. Global locations of the Company’s plants in such countries as Canada, England, Brazil, Belgium and many others indicate their leading positions of Japanese market and the important role it plays globally (Honda Raffles Trip to Japan to Celebrate 20 Years).  Another benefit of Honda is its acknowledgement by the customers around the globe, because it produces economically friendly automobiles. Moreover, constant innovative developments indicate Honda’s ability to be successful in the global arena. High quality products at a low price- this is one of the main advantages of the company as well, especially in the post-crisis economical period. Environmental factors affecting business Modern automobile industry exists in a challenging global environment. Such factors, as social, political, economic and technological ones should be taken into account by the car producers. On the example of Honda it should be noted that this large car manufacturer is surrounded by preventive environmental factors. Political factors, such as degree of intervention in the economy, are rather influential external factor for automobile industry. There are set customers protection laws, which are focused on the safety of customers’ interests. Moreover, the qualities of the infrastructure of the economy as well as the knowledge of the workforce are determinant factors in the political context of the country. Practices of employment or labor laws are also important for the automobile industry. Workforce protection laws are followed by Honda. Moreover, a tendency for a constant innovations and technological advancement is also reflected by the policies of the Company. Economic Environment of Honda influences development of economically safe and reliable automobiles and engines, which are customer-friendly. Business decisions of Honda are developed with respect to the main concerns of economic factors (Khanfan & Loudon, 2008). There is a strong ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Modern management of Honda Company Research Paper”, n.d.)
Retrieved from https://studentshare.org/management/1440316-modern-management-of-honda-company
(Modern Management of Honda Company Research Paper)
https://studentshare.org/management/1440316-modern-management-of-honda-company.
“Modern Management of Honda Company Research Paper”, n.d. https://studentshare.org/management/1440316-modern-management-of-honda-company.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Modern and Post-Modern Views of a Great Company
For the purpose of this assignment the organization chosen for the modern and post-modern theory analysis shall undergo scrutiny of its planning and organizational factors as these are the focus points of this assignment with expansion on the others, like technology as they become applicable.
13 Pages(3250 words)Research Paper
Principles of quality control relating to business management
Quality maintenance is of paramount importance, as lack of quality in products or services provided by a company can wither away their consumers and can create a bad image upon the company as well. The problem related to poor quality generally is likely to happen when the employees of an organization are not allowed to correct the inadequacies of the quality or they don’t want to correct the inadequacies.
4 Pages(1000 words)Research Paper
Honda Company: Modern Organizational Theory
Moreover, the paper is based on the relevant researches and studies providing an unbiased overview of the current state of events. It should be mentioned that “going global” is a current need of Honda, and it is relevant to consider required strategies and tactics of innovative and profitable development.
8 Pages(2000 words)Essay
ABC Company Management
ABC Company Management Addition of a new product line to a company is vital to the future of the company. It determines the company’s success as it commits funds in long term assets. Thus an organization ought to decide whether a long term investment is worth pursuing before committing its funds to the project.
3 Pages(750 words)Research Paper
Motivational Issues in Modern Management
It has been ascertained that the present business environmental is highly dynamic and challenging. In such circumstances, contemporary managers are required to deal with the complex facets associated with motivation. Employee motivation is considered be of paramount importance for the success of the contemporary business organizations.
7 Pages(1750 words)Research Paper
The Impact of Financial Crisis on Honda
 The case study of the impact of financial crisis on Honda car manufacturers is considered in terms of how the firm defines its core areas, evaluates its business methodologies and management philosophies, and conducts its diagnosis of management especially during a financial crisis which the world is facing now. 
21 Pages(4000 words)Research Paper
Financial Research Report for Ford Motor Company
Ford is one of those companies that belong to the category of large consumer of IT (Allen & Morton, 1994). Ford Motor Company started a revolution in the manufacturing field when it introduced the mass production assembly lines early in the 20th century.
10 Pages(2500 words)Research Paper
Honda
in Los Angeles California, its first subsidiary outside Japan (“Historical Timeline”). Honda’s entry into the United States market was not smooth sailing. According to Ronnie Tanner in his article “Honda’s Entry Into
2 Pages(500 words)Assignment
Modern Management
Similar to conceptual management is planning, which is also critical because it prevents the business from achieving failure. Planning allows the manager to adapt and build flexibility to changing market
1 Pages(250 words)Research Paper
Crisis communications- Honda Recall
Therefore, while apologizing to its international customers, Honda must ensure that it supports its reputation and concern for customer satisfaction. Honda will feature its apologies
3 Pages(750 words)Research Paper
Let us find you another Research Paper on topic Modern management of Honda Company for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us