World Bank, Family and lifestyle changes Extended families usually live together, and the children, especially the sons, are expected to look after their elders. Likewise, grandparents are responsible for children when their parents are away. The Bangladesh society is male dominated, and they are very protective of their female relatives.
However it was early s when car sales witnessed first boom. France dominated the automobile industry during first boom and became largest manufacturer and exporter of automobiles. However Britain and Germany overtook the position of France as biggest automobile producer and exporter during economic recession of United States also followed the trend and also started producing automobiles.
France and Germany remained the largest manufacturer and exporter of automobiles till s. The automobile originally manufactured to cater upper middle class became need of every house hold in s.
Hillary, The automobiles technology kept evolving and there was race to produce automobiles in least possible cost to make it affordable for middle class. The automobile industry currently entering into new era of technical innovation by producing smart and driver less automobiles.
Automobile industry like any other industry is affected by macro environmental factors like Political, Economical, Social, Technological, Legal, and Environmental factors.
The Analysis of these factors can help businesses in developing appropriate strategies in order to minimize the effects of these factors on business. To make automobiles more affordable for common man despite increasing costs. Automobile sector has been big source of revenues for Government. Around the world that has made it difficult for automobile manufacturer to remain competitive globally.
Furthermore increasing middle class in developing countries has resulted in increased demand of automobiles however political instability and corruption has been big hurdle for automobile manufactures that has made car manufacturer to avoid investing in those countries despite growing demand.
Globalization has resulted in open access to other market that has resulted in both opportunities and challenges for automobile manufacturers. The Challenges in the terms of competition and opportunities in the term of access to larger markets.
There has been number of economic crises in the past and each of them adversely affected the sales of automobiles especially in developed countries. However increasing level of income globally especially in developing countries has resulted in boost in sales of automobiles. Social Factors The automobile industry has revolutionized the whole society.
The automobiles that were initially produced for upper class is now became need of every one. Hundreds of thousands of people globally are associated with automobile business. Automobiles industry had played vital role in progress and growth of economies globally.
Automobiles are now important part of society. However People in developed countries has now started to believe that automobiles has adversely affected their health and environment.
As customers are becoming more and more aware of technology they expect automobile manufacturers to equip automobiles with latest accessories and features that has became one the biggest challenge for automobile manufacturers.
With some companies experimenting with smart, driverless and flying cars it has become difficult for automobile manufacturers to keep up with the pace of technological advancements. Another factors affecting automobile industry is internet, customers are now aware of latest technological innovations in automobile industry through internet and it has become difficult for automobile manufacturer to not to follow global trends.
Sivak, Legal Automobile safety has been biggest concern for law makers globally. Therefore there has been global trend of imposing different rules, regulation and quality standards for automobiles.
The automobile manufacturers are continuously under pressure to comply these rules, regulations and law. Although automobile sector in developing countries is growing rapidly but most of these countries have laws related to automobile sectors that make it difficult for new companies to start business in these countries.
Environmental Factors Automobiles sector is concerned as biggest culprit that is damaging to environment. With increased knowledge of environmental issue customers are concerned with effects of automobiles on environment Booze, As result car manufactures has started to produce environmentally Fridley cars but market share of these automobiles is very less.
However there will be growing demand of environmentally friendly automobiles in future. Challenges Facing the Global Automotive Industry. Retrieved 16 Decemberfrom http: Organisations and the business environment. The University of Michigan.Get the latest market reports of Economic analysis, PESTLE Analysis of India, PESTLE Analysis Chine, PESTLE Analysis Vietnam with Trend, Profit and Forecast Analysis.
market size, market share, market survey, market intelligence, market trends, market strategy, market research report, analysis, survey, market research surveys. PESTLE analysis is the analysis of macro external environment in which business is operates.
These factors which are beyond the control of business however are the important to be aware of when doing product development, business or strategy planning. XXX IX Chapter-2 Healthcare Services in India and Gujarat Healthcare sector is likely to become the rapid growing sector in India in the coming future.
Introduction to The PESTLE Analysis tool. PESTLE analysis is a useful tool for understanding the “big picture” of the environment in which you are operating, and the opportunities and threats that lie within it. PESTLE Analysis of Gujarat PESTLE analysis is the analysis of macro external environment in which business is operates.
These factors which are beyond the control of business however are the important to be aware of when doing product development, business or strategy planning.
Learn how the PESTLE analysis model can help you assess your business’ place in a variety of environments. PESTLE is one of a well-known series of acronyms used in business and marketing planning which summarizes how to review the broader forces, sometimes known as the 'macro-environment', that can shape a business. industry analysis of print media 1. INDUSTRY ANALYSIS ON PRINT MEDIA 2. CONTENTS Chapter 1. Introduction 2. Product lines and consumer behavior 3. In Gujarat, and Western Madhya Pradesh the Gujarati Version of the newspaper is also published as Divya Bhaskar. Dainik Bhaskar Group publishes a varied range of magazine helpful in many ways. PESTLE analysis is the analysis of macro external environment in which business is operates. These factors which are beyond the control of business however are the important to be aware of when doing product development, business or strategy planning.
Chapter-2 Healthcare Services in India and Gujarat Healthcare sector is likely to become the rapid growing sector in India in the For example, in Gujarat, number less people take advantage of healthcare services including medical insurance.
The service providers have become conscious about the quality and safety standards of the services.