Executive Summary Purpose: This stem analyses and assesses Honda Motor Cos current strategy within its railcar segment, as nearly as its challenges in light of youthful casualtys and recalls in fiat to make recommendations for the future. Method: Using different strategical frameworks, the Nipponese automobile industry has been analysed to determine the different forces driving force the industry. An catch of the automobile industry allows for a further strategic summary of Hondas competitors, consumers, market as well as its resources and capabilities. within the analysis, strengths, and weaknesses ar identified in addition to strategic opportunities for Honda to cultivate and maintain its leading position within the automobile industry. Findings: A number of challenges affecting the industry and Honda in accompaniment are identified. These include worldwide recalls of its faulty Fit illustration which resulted in the death of a civilian customer. In a ddition, the innate(p) disasters (earthquake and tsunami) which recently occurred in Japan, have affected the industry, causing a cliff in output signal due to omit of necessary resources such(prenominal) as electricity and certain automobile parts.
The report shows that contempt these setbacks, Honda still identifies as one of the top tercet automotive producers in Japan, along with Toyota and Nissan. Conclusion: Prior to the earthy disaster that devastated the country, Honda Motor Cos strategy was self-colored and was implemental in securing and maintaining their top position in the auto industry. Wi th recent developments however, there is a n! ecessity for Honda to consider other approaches to doing parentage if they want to maintain their current position and retrieve all losses. Recommendations: In light of the analysis conducted recommendations to address contiguous performance strategy issues include a transfer of home(prenominal) production to its overseas flexifactory plants. Moreover, it is also recommended that Honda work...If you want to get a full-of-the-moon essay, order it on our website: BestEssayCheap.com
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