My goal for you is to engage in a project that connects you and your teammates with the skills needed for industry demands. As such, you will be engaged in a highly experiential form of learning that...

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My goal for you is to engage in a project that connects you and your teammates with the skills needed for industry demands. As such, you will be engaged in a highly experiential form of learning that will benefit your skill development in an industry application of business school concepts and tools.



Assessing Market Opportunities At the conclusion of this project we will help the firm assess the market opportunity for in-store automotive mystery shopping. The output of the analyses will help guide top-level decisions involving firm or market expansion. You will be able to join in periodic check-ins with the firm. These meetings may take place in person or via Zoom.



Project Scope: Stage 1


1. Macro analysis for the automotive industry. (e.g., cars, SUVs, light truck, EV, no commercial vehicles)


• Complete a PESTEL analysis of the automotive industry.


• Complete a five forces analysis of the automotive industry.


• Using the PESTEL and five forces output and any other tool from the MBA program, provide an assessment of the landscape for new entrants.


o This analysis will also highlight which risks and opportunities you believe will be the most salient for new firms to enter the market.




My goal for you is to engage in a project that connects you and your teammates with the skills needed for industry demands. As such, you will be engaged in a highly experiential form of learning that will benefit your skill development in an industry application of business school concepts and tools. Assessing Market Opportunities At the conclusion of this project we will help the firm assess the market opportunity for in-store automotive mystery shopping. The output of the analyses will help guide top-level decisions involving firm or market expansion. You will be able to join in periodic check-ins with the firm. These meetings may take place in person or via Zoom. Project Scope: Stage 1 1. Macro analysis for the automotive industry. (e.g., cars, SUVs, light truck, EV, no commercial vehicles) • Complete a PESTEL analysis of the automotive industry. • Complete a five forces analysis of the automotive industry. • Using the PESTEL and five forces output and any other tool from the MBA program, provide an assessment of the landscape for new entrants. o This analysis will also highlight which risks and opportunities you believe will be the most salient for new firms to enter the market.
Answered Same DaySep 10, 2021

Answer To: My goal for you is to engage in a project that connects you and your teammates with the skills...

Parul answered on Sep 11 2021
155 Votes
Introduction – Automobile Industry being Influenced by Various Macro-Economic Factors
In the brilliant expressions of Michael Porter, "Methodology is tied in with settling on decisions like compromises; It's about purposely deciding to appear as something else". A system can be clarified as a game plan that is intended to accomplish required even-handed just as long-haul objective. In business area, procedure can be alluded as corporate methodology th
at epitomize the general technique of the association which is shaped of various specialty units which are working in different business sectors. Basically, mission and vision explanation structure a vital job to carry out the corporate methodology. Essentially mission is all the more transient like dissecting the point in impending 5 years to 10 years while then again vision is all the longer just as goal for the association. Both Mission just as Vision explanations assume a basic part like carrying out the procedure chose by the association
· Communicate the reason for the association to partners
· Inform methodology for development and advancement
· Develop quantifiable objectives too as destinations that can measure the accomplishment of corporate technique
PESTLE Analysis and Framework
To fathom different large scale financial boundaries that works on the association and therefore, impact its activities just as order its business I have applied PESTLE examination. It is a comprehensive structure that assesses and inspects a few full-scale financial components that are outer to the association yet can profoundly influence its significance. PESTLE investigation is really the abbreviation for Political, Economic Technological, Legal and Economic which covers every one of the outward circumstances that might impact the matter of the brand. PESTLE examination offers key bits of knowledge into the issues and difficulties that the association is working under. A thorough comprehension of generally speaking industry scene will help the business just as financial backers in engaging in dangerous endeavours if the issue emerges (Zhang, 2017).
P in PESTLE - Political Conditions
These elements may impact the benefit of chances of endurance of the association. There are parcel of hazard that is risen up out of the political variables from exceptional changes to the set up political systems to common ruckus just as it fuses basic choices that are taken by the public authority. For example, for Chevrolet, Buick/GMC, Suburu, Tesla, the association needs to consolidate factors that influence the host country as well as every one of the nations that includes business activities. The degree of political solidness in the nation shapes a critical viewpoint that can be clarified by political variables. Trustworthiness of the authorities working in political just as the probability to engage in different type of debasement as a result of repercussion might result potential renunciations and denunciation of undeniable level government representatives.
Chevrolet, Buick/GMC and Automotive brands like Chevrolet, Audi, Buick/GMC, Suburu, Tesla works in excess of 110 nations henceforth conditions working is roused from the tradition that must be adhered to. Late exchange battle between the United States and China encouraged grave issues to the deals of Automotive brands like Chevrolet, Audi, Buick/GMC, Suburu, Tesla vehicle. Exchange war has profoundly affected the nations uncommonly the Chinese economy since it dials back the development in the country. Probably the biggest market of Automotive brands like Chevrolet, Audi, Buick/GMC, Suburu, Tesla vehicle is China and this exchange war truly affected the business.
E in PESTLE - Monetary Factor dealing with Economic Conditions
These elements generally epitomize the economy of the specific nation for example pace of progress in the swelling, unfamiliar swapping scale, financing cost just as gross homegrown items at the current phase of monetary cycle. These are boundaries, that massively affect total requests, business environment just as total speculation. This can either make organization incredibly productive or may affect the tasks that can bring about causing huge measure of misfortune. Essentially the pace of GDP development in the nation will impact how quick is relied upon to improve in future. The financing costs in the nation would affect how much people will contribute and get. Higher rates lead to more prominent speculation that would suggest more development. Financial factor assumes a...
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