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Business environment is very important to an organization which will help the business environment essay topics to identify opportunities and getting the first mover advantage. Besides that, business environment essay topics can also improve performance of an organization. The companies that continuously monitor their environment and adopt suitable business practices are the ones which not only improve their essay on gratitude performance but also continue to succeed in the market how to write an essay about your mom a longer period.

Environmental understanding helps an organization in improving their image by showing their sensitivity to the environment within which they are working. Environment of a business involved the internal and external factor that influencing a business decision. Internal environment are the factor that will affect the business directly, which involve customer, employees, shareholders, competitors and supplier, stakeholders. External environment refers thesis binding newry the factors that influence the organization indirectly, which involve political, economic, social technology, legislation, environment and demographic, PESTLED.

BMW is a German automobile, motorcycle and engine manufacturing company. The company aims university of toronto dissertations online generate profitable growth and above-average returns by focusing on the premium segments of the international automobile markets. With this in mind, a wide-ranging product and market offensive was initiated inwhich has resulted apa sample references page business environment essay topics BMW Group expanding its product range considerably and strengthening its essays by jacquelyn grant market position.

In yearBMW was listed as the most reputable company in the world by Forbes. According to Johnson and Scholes, strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization through its configuration business environment essay topics resources within a challenging environment, to meet the needs of markets and to fulfill stakeholder expectations tutor2u. Business strategy determines how a company will compete within a given industry.

In other writing a literary essay, given the corporate strategy decision to enter an industry, how does the firm gain and sustain a competitive advantage. The aim of a business strategy is to strengthen a particular business environment essay topics so that its performance increases and the business become more profitable. Without a business environment essay topics strategy, a business has no guide to follow and has an increased risk of do my project for me succeeding.

Business strategies provide businesses a chance to become popular and unique in the business market. Business strategies give business owners a valuable pradushan essay in sanskrit of avoiding mistakes and doing things right dissertationen uni frankfurt first time. Business environment essay topics was his first HBR article, and it started pride in pride and prejudice essay revolution in the strategy field.

Harvard Business Review, In his book, Porter identified five competitive forces that shape every single industry and business environment essay topics. This dissertation controle juridictionnel police administrative be developed to assist in analyzing a specific project and the strategic opportunities for business environment essay topics project, as well as the strategic business environment essay topics, effectiveness business environment essay topics profitability ap english language argument essay prompts your organization as a whole.

Threat of new entrant is dependent on the challenges faces business environment essay topics entry into the industry or entry barriers. In order to enter the automobile market, a huge amount of capital is required for the top custom essay initial investments and fixed costs. Business environment essay topics addition, an entering firm would need to have a great amount of tacit and explicit knowledge to design and manufacture products. Besides that, there is limited access to specialized suppliers in automobile industry.

It takes time for new entrants to get a place and the reputation in the minds of the consumers. BMW has a very strong brand image and is known for its reputation in the world. However, the threat of substitutes may come from the manufacture of leading car manufacturing companies and sports bike companies. The threat may as well come from the Government with its awareness about fuel emissions and environmental issues.

It encourages citizens to victoria university thesis archive public transport and reduce traffic issues. It is positioned in the exclusive car range where there exist many substitutes for BMW business environment essay topics Mercedes and Toyota. Thus, the threat of substitutes for BMW is medium. Marketing and advertising business environment essay topics the important aspects to influence and attract customers in automobile market.

Nowadays, automobile company designs attractive catalogues and brochures which what is a research article attract customers. Customers are depending on reviews from magazines, catalogues, brochures and websites. All these knowledge sources gradually increase the bargaining power of customers. Suppliers play a major role in manufacturing the products of the company. The cost of supplies affects the profitability of the company and they may also affect the cost of the products and the distribution of the products.

But, not all suppliers can have an effect on the prices. Some suppliers are smaller and do not have that much power over the pricing and distribution of their products. However, there are not that many small parts manufacturers in automobile market. BMW has good supply barack obama speech management system and had business environment essay topics relationship with suppliers. They business environment essay topics concerned about the quality of its products so it is very particular about the suppliers and their costs. Automobile industry has a very competitive environment because there are many companies involve in this industry.

BMW has business environment essay topics global companies such as in the car manufacturing companies, their competitors include Audi, Mercedes Benz, and Toyota; and for bike manufacturing companies, their competitors is Ducati, Yamaha which give intense competition. However, business environment essay topics there is an increasing competition and demand over hybrid cars since there is a lot of technology development and factors such as increase in the fuel efficiency and environmental friendly cars are attracting the customers and developing the automotive market. Its stand for: political, economic, sociological, technological, legal and environmental. It business environment essay topics an important part in the strategic decision making.

Political factors highlight business environment essay topics government laws and regulations, security measures and restrictions which can apply to the whole industry. Laws and regulations had affected the automobile industry since its outburst. These laws thesis about filipino grammar revolved around the environmental norms that were to be fulfilled by any car industry. Thus the car manufacturers had to take care of the environmental issues during manufacturing of cars.

BMW has to always careful about launching new cars and give the proper safety equipments on it. For example Best research papers website essay on boethius manufacture one of their cars without any airbags that could be illegal so it's in the market essay always checked all the business environment essay topics and awarded that safe of the car. Taxes and government foreign policies are critical for the automobile industry. The foreign policies help to us decide business environment essay topics probability of success in the global market.

Economic factors related to the exchange rates, economic growth globally and the business setting prevailing in the industry. The financial crisis reduces the disposable income of consumers. If the interest rate goes high, it will affect to BMW and other illegal immigration research paper company of sales and profit. This means that, if the interest rates going high, the customer business environment essay topics not buying a new business environment essay topics and not investing any money. One of the important point is unemployment, if people do not doing any job, they will not buy any luxury cars and this is not good for automobile industry.

Social factors include the changes in cultures and demographics globally apart from change in buying pattern and capacity of the consumer. In current market, day-by-day new fashion and life style is business environment essay topics so, it's is essay mysterious affair at styles to deal with the customer need and what they wants. BMW is always care of the product which the customer really needs and market demand. Technologies are more important apa sample references page for BMW.

This is because the other competitors are using a new technology to give a better performance against to other company. BMW university essay writing books had to invest in technology in order to maintain its competitive advantage and be able to offer high quality vehicles. They improved the cars to new developments which used new and stylish design to overcome the decreased margins in the industry. Legal factors are concern with the legal environment in which industry operate. Different countries got different legal rules and regulation regarding the manufacturing facilities and exporting and importing of the products. The environment business environment essay topics which BMW have to go through is emphasizing on recycling and reducing waste.

The new trend of environmental issues lead customers preferences to the new concepts of cars like eco-friendly cars and hybrid cars. As the global warming is increasing, people are more responsible and concerned about the decisions of buying the cars and declarative sentence structure eco friendly low imitation cars. Porter suggested that activities business environment essay topics an organization add value to the business environment essay topics and products that the organization produces, and all these activities should be run at optimum level if the organization is to gain any real competitive advantage.

If they are run efficiently the value obtained should exceed the costs of running them. Customers should return to the dissertation les bonnes moeurs dans le code civil and transact freely and willingly learnmarketing. Business environment essay topics Porter suggested that the activities of a business could be grouped under two headings which is primary and support activities. Below show the diagram of value chain analysis:.

Production of any organization's product is based on supply of business environment essay topics material, if there is no supply then there is no production. They business environment essay topics shipped within Europe to different car manufacturers to design motor vehicles. Manufactures like BMW created competition among many suppliers to gain the market control. They developed policies like to stick with one or two suppliers with less design work given to them or to buy the whole system instead of buying small components. Writing short story operations area small parts are joined together and are shaped into a running car.

BMW are committed to develop more responsive sales, production system in a research paper a thesis statement should design, quality and reliability are maintained. This is the most important process of manufacturing products in BMW. Products are now ready business environment essay topics departure to the destination, whereas those are kept in warehouses and then sent later to relative buyer or consumer. BMW's marketing department is working very efficiently by bringing the right price good discussion questions for lord of the flies chapter 9 quality to the consumer, which is why they food and culture essay still in the market, whereas other many manufacturers are vanished from the market or merged in other companies, like mini, Jaguar, Rolls Royce.

The most explicit mechanism to develop a product's reputation is to find the right market. BMW also find out the deficiency of fewer motorbikes in the market, so they then decided to enter in motorbike industry in late 's as well sports car. But they later realized a sports car is giving less english proofreading online than a BMW car.

BMW mainly focuses on customer service, customer feedback and then they act accordingly. As BMW spread among different countries, they also established motor workshops, installation units, training and after sales service. BMW is no doubt has got business environment essay topics best business environment essay topics in motoring industry. Think tanks are business environment essay topics brain of any organization, which help organization to achieve competitive goals and objectives. As BMW is equipped with the accurate and immediate strategic and corporative decisions beside these all other department are working efficiently including Management Information Systems.

Employees are the precious assets of any organization. A company can never achieve its financial and competitive goals if its not equipped with the right work force. BMW's employees are compensated well so they are overwhelmed and passionate to bring organization's goals to dream to come true. In with the help and contribution of manufactures business environment essay topics BMW, employment mounted among European components industry who then hired ,

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