Lowest guaranteed price across the globe. Get upto 50% off ! Book Now

Businesses Environment - Volvo cars

University: University Of Wales

  • Unit No: 8
  • Level: High school
  • Pages: 2 / Words 420
  • Paper Type: Assignment
  • Course Code: LCBB4005
  • Downloads: 599
Brief :
Organization Selected : Volvo cars

Learning Outcomes

  • Identify the major forces that help in shaping the global business environment and develop an understanding of the changing global business environment;
  • In relation to the context of an international environmental analysis (PESTEL); Use relevant business models (Porter’s Diamond, Value Network, Five Forces, etc.)
  • Briefly analyse and Identify the reasons why organisations engage in international trade;
  • Analyse markets in action, long-run and short-run changes, different market structures and their influence on firm strategy, understanding their microeconomic and macroeconomic foundations, and major features of the current international economy.

Assessment Criteria

Structure an academic essay that evaluates the PESTEL forces in the case

  • Discuss and evaluate the PESTEL environmental factors at work in the industry in question within the case.
  • Determine  knowledge and understanding of the underlying theory
  • Explain knowledge of national and international aspects

Think appropriately about the competitive environment, within the industry detailed in the case with use of Porters five forces framework.

  • Evidence knowledge and explanation of the competitive environment and its theory
  • Incorporate evaluation of criticisms/limitations of the theory
  • Determine knowledge of national and international aspects

TASK DESCRIPTION

Answer the questions in relation to the  “Electric vehicles in Europe”: gearing up for a new phase? answer both of the following questions

  • Determine the major forces shaping the business environment of the car manufacturing industry by using the information from above that is titled “Electric vehicles in Europe: gearing up for a new phase?”. Discuss how the industry has changed in the last few years with a critical assessment of the organisational and other changes with reasons that can take place in the future.  Briefly evaluate the reasons for driving towards the production of electric cars with changes that have already taken place in this industry as firms try to position themselves to gain a competitive advantage.
  • Analyse new and emerging business opportunities that the production and marketing of electric cars may present to entrepreneurs and business executives, apart from the production and selling of electric cars. Analyse and briefly discuss other businesses that are presently linked to the global automotive industry that you think may not be profitable in the long run to invest in.
Download Full Answer
Cite This Work To export references to this Answer, select the desired referencing style below:
Copy to Clipboard
Copy to Clipboard
Copy to Clipboard
Copy to Clipboard
Instant Assignment Help. [Internet]. Instant Assignment Help.(2024), Retrieved from: https://www.instantassignmenthelp.com/answers/business-assignment-help/businesses-environment-of-volvo-cars
Copy to Clipboard
Boost Grades & Leave Stress

Share Your Requirements Now for Customized Solutions.

Lowest Price

USD6.27

    FOR FIRST ORDER GET EXTRA 25% OFF

    Seasonal seasonal-mobile

    Our unique Features

    24/7 Customer Support

    100% Customer Satisfaction

    No Privacy Infringement

    Quick Services

    Subject Experts

    Innovative Documents

    100+ Qualified Writers

    For Best (Accounting) Assignment Help

    James Lewis
    98 - Completed Orders
    James LewisView Profile Hire Me
    Margott Watts
    2643 - Completed Orders
    Margott WattsView Profile Hire Me
    Daphanie Gilbert
    221 - Completed Orders
    Daphanie GilbertView Profile Hire Me
    Alisha Johnathon
    2313 - Completed Orders
    Alisha JohnathonView Profile Hire Me
    View All Writers
     
    IAH whatsapp

    Limited Time Offer

    Exclusive Library Membership + FREE Wallet Balance