Complete an 8 page paper on an in-depth look at both environmental and industry analysis from the Automotive Industry. The eight pages do not include the title page and reference page. Please use 8-10 references to include scholarly, peer-reviewed journals. Wikipedia is not a reliable source.
THE PAPER SHOULD ADDRESS EACH QUESTION BELOW IN THE ORDER THAT IS PRESENTED.
PART 1 INDUSTRY ANALYSIS
1. What is the product or service? AUTOMOTIVE INDUSTRY
-What function does it serve (explain in detail)?
-What are the channels of distributions (explain in detail)?
2. What is the industry size in units and dollars (explain in detail)?
-How fast is it growing (explain in detail)?
-Are products differentiated (explain in detail)?
-Are there high exit barriers (explain in detail)?
-Are there high fixed costs (explain in detail)?
3. Who are the major competitors in the Automotive Industry (explain in detail)?
-What are their market shares (explain in detail)?
-Is the industry consolidated or fragmented (explain in detail)?
4. Who are the customers of the Automotive Industry (explain in detail)?
-Are they powerful (explain in detail)?
-What gives them power (explain in detail)?
5. Who are suppliers in the Automotive Industry (explain in detail)?
-Are they powerful (explain in detail)?
-What give them power (explain in detail)?
6. Do significant entry barriers exit to the Automotive Industry?
-What are they (explain in detail)?
– Are they effective in protecting existing competitors, thus enhancing profits (explain in detail)?
7. Are there any close substitutes for industry products and services in the Automotive Industry (explain in detail)?
-Do they provide pressure on prices charged in the Automotive Industry (explain in detail)?
8. What are the basic strategies of competitors in the Automotive Industry (explain in detail)?
-How successful are they (explain in detail)?
9. To what extent is the Automotive Industry global (explain in detail)?
-Are there any apparent advantages to being involved I\’m more than one nation (explain in detail)?
10. Is the Automotive Industry regulated (explain in detail)?
-What influence do regulations have on Automotive Industry competitiveness (explain in detail)?
PART 2 FACTORS THAT INFLUENCE DEMAND
1. What are the function served by the Automotive Industry product (explain in detail)?
2. What is the stage of product life cycle in the Automotive Industry (i.e., degree of market penetration already experienced). (explain in detail)?
3. What are the economic trends, including income levels and economic cycles in the Automotive Industry (i.e., recession, boom) (explain in detail)?
4. What are the demographic trends in the Automotive Industry (part of social trend analysis) such as population and age (explain in detail)?
5. What are other societal/cultural trends, including fads and commonly held values and beliefs in the Automotive Industry (explain in detail)?
6. What are the political trends, including new application, new markets, and cost saving that make prices more competitive in the Automotive Industry (explain in detail)?
7. What are the technological trends, including new applications, new markets, and cost savings that make prices more competitive in the Automotive Industry (explain in detail)?
8. What new programs have been developed by firms in the Automotive Industry, such as new product introductions, new marketing recognition, domestically or worldwide (explain in detail)?
9. What strong brand recognition is used domestically or worldwide in the Automotive Industry (explain in detail)?
10. What are some pricing actions that stimulate demand in the Automotive Industry (explain in detail)?
PART 3 FATORS THAT INFLUENCE COST STRUCTURES
1. In what stage of the product life cycle is the best for the Auto Industry (example in the early stages of the life cycle, firms have large investments in product development, distribution channels development, new plants and equipment, and workforce training. In the later stages, investments are more incremental) (explain in detail)?
2. What\’s the Capital Intensity in the Automotive Industry (for example large investments in fixed cost such as plants and equipment make firms very sensitive to fluctuations in demand — high levels of capacity utilization are needed to co er or \”spread\” fixed costs. Industries that have a lower relative fixed cost investment but higher variable costs are able to control their cost more readily in turbulent demand periods) (explain in detail) ?
3. What are economies of scale for the Automotive Industry (for example larger sized facilities can achieve lower costs per unit than smaller facilities in some instances because of lower per-foot construction costs, more efficient use of equipment, and more efficient use of indirect labor and management. If a facility is so large that additional equipment and management are needed, economies of scale may by lost) explain in detail)?
4. What are the experience effects of the Automotive Industry (for example with repetition and an environment that encourages and rewards learning, employees can become more productive over time) explain in detail)?
5. What are the power of customers, suppliers, competitive rivalry, substitutes, and barriers in the Automotive Industry (for example powerful customers, suppliers, competitive rivalry, substitutes, or low entry barriers can erode profit potential. These are PORTER\’s FIVE FORCES MODEL) explain in detail)?
6. What are the influence of other stakeholders in the Automotive Industry (for example these may include powerful foreign government, joint venture partners, powerful unions, strong creditors, and so on) explain in detail)?
7. What are the technological changes that provide opportunity to reduce costs in the Automotive Industry (for example technological innovations can allow a firm to invest in new equipment, new products, and new processes or to alter balance of investments between fixed and variable cost) explain in detail)?
PART 4 STRATEGIC ISSUES FACING THE AUTOMOTIVE INDUSTRY
1. What are the driving forces in the Automotive Industry (for example trends that are so significant that they are creating fundamental industry change, such as the opening up of Eastern Europe or networked computer communications. explain in detail)?
2. What are the treats to the Automotive Industry (for example defined as noteworthy trends or changes that threaten growth prospects, profit potential, and traditional ways of doing business) explain in detail)?
3. What are the opportunities to the Automotive Industry (for example important trends, changes, or ideas that provide new opportunities for growth or profits) explain in detail)?
4. What are the requirements for survival in the Automotive Industry (for example identified as resources and capabilities that all firms must possess to survive in the industry. In the pharmaceutical industry has \”product purity\” These factors do not command a premium price. They are necessary, but not sufficient to be successful) explain in detail)?
5. What are the key success factors of the Automotive Industry (for example factors firms typically should possess if they desire t be successful in the industry. In the pharmaceutical industry is the ability to create products with new therapeutic qualities. The ability lead to high performance) explain in detail)?
