Answered You can hire a professional tutor to get the answer.
I need some assistance with these assignment. the external factors that effect the volvo car corporation in britain Thank you in advance for the help!
I need some assistance with these assignment. the external factors that effect the volvo car corporation in britain Thank you in advance for the help! The social factors that alter the business are affecting its profits immensely. Customer’s preference is shifting from large luxurious engine cars to small cars because of low carbon emission levels, increase in fuel prices, and above all, the state’s tax free and parking incentive for those who purchase eco-friendly cars. Consumer tastes are also affecting the operational cost planning of Volvo. Customers are continually demanding safer and better quality cars at very low prices. The situation is forcing Volvo Corporation to get resources and ways of production such as outsourcing its parts from far away countries such as China.
Other motor production companies such as Toyota continue to occupy a large share in the market. The companies have adopted and implemented new and advanced technologies into their production strategy. That means that the companies have met the requirements of the changing conditions of fuel efficient cars. Volvo continues to struggle to achieve this due to its low technological advancements. Volvo’s advancement is only evident in safety but has not adapted other features that are the main attractions in the business.
Environmental factors do not affect Volvo much. It is known to produce big vehicles that may be prohibited from using certain roads. Other cars that it produces are suitable for use in all the countries’ streets. As result of large quantities carbon emission from the big sized cars, regulations emphasize on small cars that are producing small carbon amounts and noise.
New laws concerning protecting the environment have affected the whole automotive industry including the Volvo Corporation. Due to the enactment of the Clean air Act and environmental, the market for the environmental unfriendly vehicles has reduced. Volvo has not fully integrated its production with this act, therefore, still finds challenges in its production. The government regulations have increased taxation on large vehicles with huge emissions.
