Saturday, April 27, 2019

Business and Management Essay Example | Topics and Well Written Essays - 1250 words

Business and Management - Essay ExampleIt sells more than 2.5 million products to more than 190 countries virtually the world, which gives an indication towards the lodges rapid global expansion (Nissan Motor Co Ltd, accessed 07.01.2006).According to the companys annual report for the course of instruction ended 2005, Nissan is basically a japanese-establish company and other than its home country, it has a major market for its products in the United States, United Kingdom, Spain, Thailand, China, Egypt, Brazil and other 150 countries around the world where Nissan automotives and their components atomic number 18 sold.Nissan is a in public traded company and listed on major stock exchanges of the world. According to the companys annual report for the year ended 2005, the company keeps a double management team comprising the Board of Directors and a Statutory Audit Committee based on their duties and responsibilities under the Commercial Code of Japan. The companys major stakehol ders are its customers, employees, shareholders and suppliers etc.Currently, the company has nine members of the mature of directors, of which only one is immaterial. The companys Statutory Audit Committee comprises four auditors out of which three are external statutory auditors. The companys management structure is designed in a way that the Board of Directors is responsible for pickings the entire management decisions whereas the Statutory Audit Committee is responsible for reviewing the Directors performance.NISSAN- GLOBAL STRATEGYAs mentioned above, Nissan is an international company having its task operations in more than 190 countries around the world. exclusively its major markets allow in the home market Japan, the North America, Europe, China, Asia, shopping center East, Africa, Latin America and the Caribbean. The company maintains its global sales scheme and plans to enhance its sales in all the major areas of its operation. According to the companys Annual repor t, the companys system in Japan is to expand its sales by the enhancement of its marketing strategy and the establishment of an efficient dealership network. But despite all that, the companys sales in its home market are declining.The automotive industry in Europe is highly diverse having a great number of manufacturers engaged in car design, ware and sales. To maintain its profitability in the European market, the companys strategy is to design and provide the unique and stylish products that could pee-pee more profits for the company. The companys wide range of products is very popular in North America and China. The strategy behind the success in these areas is to provide its products at a price that is acceptable to its customer group. In the Asian market, the company has planned a strategy to penetrate into new growing markets. In the Middle East, Africa, Latin America and the Caribbean countries, the company is making its profit by adapting a strategy to remain limber wit h the market conditions in terms of production. ANALYSIS OF CURRENT PROBLEMS AND ISSUESAfter the in-depth analysis of Nissan Motor Co. Ltd., it can be seen that the company has to confront with major issues that could affect its sales and profitability for the years to come. Some of the major issues are analyzed and discussed belowIncreasing Cost of Sales Although the company has been successful in generating sales for its business for the current year, but still the

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.