Audit of Automobile industry Essay

AUTOMOBILE INDUSTRY IN UK United Kingdom has been a colossal manufacturer of automobiles in last 10 years. Producing more that 8 million vehicles and engines and exporting more than 80% of these, UK automobile industry stands as a driving force of its economy. The automobile industry generates a yearly turnover of around 55 Billion Pounds and largest value from exports. Nevertheless, the country that has automobile players like, Alexander Davis, Aston Martin, Bentley, BMW, Ford, Honda, Jaguar, etc., is still said to be under a vast influence of dwindling supply chain and its dependence on foreign market. Let us scrutinize the situation of UK automobile industry by doing an internal and external environmental audit. INTERNAL AUDIT Internal environmental audit is performed to understand the position of industry with respect to its own environment. SWOT is one of the tools used to perform internal audit which is employed for studying the strengths, weaknesses, opportunities and threats of the subject. STRENGTHS The strengths of UK’s automobile industry: 1. Largest Revenue generating sector UK’s auto industry yearly contributes around 12 Billion Pounds to the economy of UK by generating revenue of more than 55 Billion Pounds, annually. 2. Diversity in products Products manufactured by UK automobile industry range from various premium and sports cars to commercial vehicles and engines. Around 80% of this is exported, yearly. 3. Chief employment generator The automobile industry in UK is a major employment generating sector, offering wide range of employment opportunities in manufacturing and R&D. WEAKNESSES 1. Disparity between manufacturers UK’s automobile industry is known for having an austere disparity between its manufacturers, which stands out to be a major weakness of this industry. 2. Depleted Supply Chain Supply chain of UK automobile industry is going through an appalling phase. A potent supply chain and its capacity is an important factor in determining market expansion and foreign investment. Extensive improvement, in the supply chain of UK automobile industry, is essential. 3. Dependence on foreign markets As the UK car industry exports around 80% of its produce to foreign markets, it is under the risk of getting directly dependent on economic crisis of other markets. UK motor industry should focus on reaching as many markets as possible to ease risk. OPPORTUNITIES 1. Providing eco-friendly vehicles UK’s automotive industry has been constantly active in innovating new products to provide a safe and eco-friendly environment, hence opening up string of opportunities. 2. Investments by Global OEMs In the year 2013 many global equipment manufacturers have announced investments in United Kingdom. Through these strategic alliance UK auto industry is believed to benefit significantly. THREATS 1. Soaring cost of Raw Material The cost of raw material has been ever rising; hence, the manufacturers pay more for procuring raw material every year. This eventually raises the price of automobiles. 2. Increasing competition With new companies coming in UK along with foreign direct investment the competition is bound to soar, ultimately increasing threat for existing companies. Bottom-line is that in spite of challenges faced by automobile industry in last decade, it is resurging from its downfall and looking forward to producing more number of vehicles this year. EXTERNAL ENVIRONMENTAL ANALYSIS The automobile industry in UK has been tactically working towards creating new opportunities and enhancing technology. It has extensively slogged to make UK more attractive for foreign investors. Through automotive industry’s external analysis, we shall study influence of external factors on the industry. The two major models discussed here are PESTLE Analysis and Porter’s Five Forces’ Model. PESTEL ANALYSIS Political To ensure there is no monopoly created in the industry, certain policies restricting firms from forming cartels and fixing price have been implemented. They also control the size of automobile companies. Economic With the advent of increasing inflation across the world, it is predicted that the purchase of automobiles shall increase in coming years. Also, globalisation has opened doors for foreign investors in UK. Social Recent researches show that young population in UK is declining and older population is rising. Hence, it is advisable that companies focus on creating more products catering to smaller families and older population. Technology Increased focus on providing eco-friendly vehicles has encouraged industry to continually invest in research and development. With popularity of new designing softwares, Global Positioning Systems for navigation, etc, technology has advanced two folds. Environmental As people are getting more aware and concerned about a healthy environment, it is imperative to create products that are eco-friendly. Hence, it has created a pressure on the industry to focus on environmental issues as well. Legal A few legal policies have been imposed by UK government like compulsory fitment of Electronic Stability Control and Tyre Pressure Monitoring Systems in all the cars produced. PORTER’S FIVE FORCES’ MODEL 1. Threat from new entrants Automobile industry being capital extensive demands a lot of money to venture and uphold. In order to sustain, present automobile companies have augmented their production, enforcing new entrants to enter only on large scale. 2. Bargaining Power of Suppliers Due to increase in globalisation the industry has suppliers not only from UK but also from across the world. Hence, the bargaining power of suppliers is limited. As some manufacturers have joined hands with OEMs from China and India others source materials from UK itself. 3. Bargaining Power of Buyers This model brings forth the fact that purchasers have a power to regulate the market and increase competition. As consumers have access to extensive information and choice of numerous brands across the globe they definitely stand to have a better bargaining power. 4. Competition from Substitutes Substitute products are those that can be consumed in place of any product. For instance, people of UK can as well use public transport instead of private cars. They may also consider the option of using rented cars. 5. Existing Competition As UK is home to around 50 car manufacturers selling 200 models, the internal competition among the companies is inevitable. Apart from the local car manufacturers like GM, Ford, etc, the foreign manufacturers are also giving a lot of competition. The external influences play a major role in casting future of automobile industry in UK. Analysing the internal as well as the external environment of UK’s car industry helps identifying how it has been performing and what is the scope for improvement. United Kingdom offers an array of car models in a highly competitive market. Nonetheless, it is still facing a lot of issues in recovering from the past downfall. Market experts predict that the industry shall still be able to cater to the new more demanding market.

Sickle Cell Plan of Care

Then, provide a brief description of the pathologically of sickle cell anemia and complete the nursing care plan by filling in the goals, outcomes, and nursing orders for the diagnoses provided in the table. SITUATION: Lavabo is a 30 year old, single African American who was diagnosed with sickle cell anemia when he was 4 years old. He works for a computer company and has been working 12 hour days to meet the deadline for a special project.Lavabo is complaining f fatigue and decided to relax by playing golf on a warm Saturday morning. After the seventh hole he experienced odyssey, tingling, and numbness in his legs. After the next hole, he experienced severe pain in his right ankle and knee. He was taken to the local medical center, where he was admitted. Lavabo rates his pain at 8 on a scale of 1-10. The physician ordered oxygen, IV fluids, and a PICA pump with morphine sulfate. Describe the pathologically that occurs in sickle cell anemia (4 points).Sickle cell anemia is the most c ommon form of sickle cell disease which is an inherited, autocross recessive disorder that causes an abnormal hemoglobin cell. The person with this specific disorder inherited hemoglobin S from both parents, also known as homozygous (Lewis, Drinkers, Hitchhiker, & Boucher, 2014, up. 644-647). This hemoglobin S results from the substitution of valise for glutamine acid on the B- globing chain of hemoglobin, and this ultimately causes the erythrocyte to stiffen and elongate taking a sickle shape in response to low oxygen levels (Lewis et al. 2014, up. 644-647). Due to the sickle cells elongated shape, and its stiff and sticky consistency it tends to get stuck in capillaries and vessels, and blocks blood flow to limbs and organs (Lewis et al. , 2014, up. 644-647). The major problems with sickle cell anemia is due to their sickles shape, reduced life expectancy and their ability to carry enough hemoglobin or transport it properly to the body to provide adequate oxygenation.Therefore a p erson who has sickle cell anemia has a lower number of red blood cells related to the shortened cell life that dies after only 10-20 days, compared to a normal red blood cell which lives about 120 days (Lewis et al. , 2014, up. 644-647). Bone marrow is unable to keep up with the demand for new red blood cells to replace the dying ones, making a person with sickle cell anemia left in a state of constant inadequate oxygenation (Lewis et al. , 2014, up. 644-647). Occlusion of capillaries and small vessels lead to acute or chronic tissue injury.This leads to further problems related to homeostasis which continues to perpetuate a cycle of local hypoxia, degeneration of more erythrocytes, and more suckling which continue to cause irreversible cell membrane damage (Lewis et al. , 2014, up. 644-647). Unless you're directly quoting you only need to address the authors once According to Lewis et al. , ASS is xx or write your summary and add to the end of the paragraph (Lewis et al. , 2014 up. 644-647) since all your information is from 1 source. If your quoting directly from the source you need to enclose in †Nursing Diagnoses Pain related to occlusion of small vessel by sickle cells as evidenced by severe pain in art. Knee and ankle. Altered tissue perfusion related to a decreased number of Orb's and decreased oxygenation as manifested by odyssey, tingling/numbness in ankle and knees. Activity Intolerance related to imbalance between oxygen supply and demand, as manifested by fatigue, odyssey,

Li Bai. Poetry and the Tang Dynasty Research Paper

Li Bai. Poetry and the Tang Dynasty - Research Paper Example The birth of Li was at the point when poetry had the court sponsorship and was a mandatory element of every administrative and public education. At the time of his demise, the whole country was restless and under the turmoil of civil rebellion which had gravely effected the prosperity of a blooming nation and the tone of Li’s poetry. The poetry of Li Bai during the Tang Dynasty is the clear depiction of art, love, romance, loss, might, failure and gratitude. The rise and the fall of the Tang dynasty is an epic story of love, hatred, betrayal, rise and fall of one of the greatest civilizations of the world. The Tang dynasty was established by the Duke of Tang, Li Yuan, who was the victor of the civil war that ended in 617AD and claimed himself by the name of Emperor Gao-Zu. When he became the emperor of China, he not only reunited China but also ruled it efficiently from 617AD to 626AD2. The emperor was then disposed by his son Li Shimin in 626 which resulted in the blood feud among the sons to become the inheritor of the rule and eventually the winner was Li who became the next ruler known as the Emperor Taizong. The rule of the Emperor Taizong is one of the golden ages in the Tang dynasty who helped promote the art and literature across the country3. Through his reformist administration, and love for art and literature, he is still known as one of the greatest rulers of this great civilization. After his death in 649AD, his son Emperor Gaozong ascended the throne who proved to be a very weak ruler. The rule of the Emperor Gaozong was from 649 to 683 making it more than 34 year but the prime ruler during this era was Empress Wu Zetian. Empress Wu was the concubine of the emperor who used her influence and charm over the emperor and got the wife the emperor murdered and promoted herself as the empress4. The rule of Empress Wu is one of the cruelest eras in the history. She sent to exile and got murdered everyone in the entire country who she thought could be a hurdle in her rule as Lewis states: "Through the examination and her own personal choices, Empress Wu promoted several poets of humble birth who themselves became patrons of others from local elites or even poor families."5 However, with old age, the empress was not able to keep herself in control and was disposed in the favor of Emperor Zhongzong in 705AD. Emperor Zhongzong did not love for ling to rule and with his death in 710AD, the throne was taken control of by his spouse Empress Wei. The empress tried to rule like empress Wu but did not last long and was eventually disposed in 712AD and Emperor Xuanzong was placed on the throne. The rule of Emperor Xuanzong is the longest in the Tang dynasty, which lasted from 712AD to 756 AD making it just about 44 years. Emperor Xuanzong was an efficient ruler in the beginning of his career but later he was greatly influenced by the Taoist spirituality which shoed his weak administrative capability and giving rise to many insurgencies across the rule. Of the major insurgency was the An Lushan Rebellion, which also affected the later years Li Bai’s poetry. Not only this, the weakness of Emperor Xuanzong’s rule resulted in the rise of Islamic influence along the Central Asia who became the major influence holders of the silk route. After the Emperor Xuanzong fled the throne during the rebellion, Suzong became the next ruler of China. The

International marketing Essay Example | Topics and Well Written Essays - 2000 words

International marketing - Essay Example The fashion retail industry in Spain is turbulent as the fashion conscious consumers expect and thrive for constant change. Added to the changing consumer preferences are the factors like globalization and the technological changes that have truly revolutionized the Spain fashion retailing industry. Thus Levis has to primarily take into account the SLEPT factors or the social, legal, economical, political and technological factors. S-social factors include the demographics and the market segmentation is based on these factors. The class structure, culture and the consumption pattern has to be taken into account. The highest spending age group in the jeans market is between 15 and 24. Jeans are now even worn to work. Broader assortment of jeans is now available to suit different occasions. In the apparel industry demand is uncertain because it is difficult to foresee the fashion trends in advance for a certain season and product failure rates can be as high as 10 percent (Diaz, 2005). Demand can also be volatile because demand can change suddenly due to a variety of external factors. L-legal: The abolition of the quotas in the textile industry has pushed down the prices of clothes in general, making the market very competitive. The cheap chic revolution has turned the European fashion market upside down (Mesure, 2007). Jeans in the market are trying to differentiate themselves with cult connotations, lifestyle images, and distinctive details. E-economic: The Spanish fashion industry has experienced exponential growth in the last decade, not merely in women’s clothing as fashion is generally associated with, but in menswear childrenswear and accessories as well. The fashion industry today is marked by short life-cycles, high volatility, low predictability and high impulse purchasing (Christopher, Lowson & Peck, 2004). The weakening of the US dollar has caused a shift in the

Askweek3 Essay Example | Topics and Well Written Essays - 250 words

Askweek3 - Essay Example your son might not be so committed to steer ahead the company, and this could probably be in terms of not being active in the organization, perhaps because the organization belongs to the father, or on the other hand, he may work hard to improve the status of the organization to please the father. With such deliberations, how would you ensure your son is in the right course? Another way through which your organization may deem appropriate to solve its challenges is through adoption of a more fractal system approach. What does this approach entails? What are challenges accrued from the use of this approach? According to Stacey (2011, pp. 491-493), people embracing the concept of complex adaptive systems might go about â€Å"rethinking the roles of leaders and managers†. In this regard, do you find this being applicable in your organization? If you were given an opportunity to advise your senior managers on ways through which their behaviors can help improve the status of your organization, what advice would you give? Leaders who fall into the neurotic forms of leadership fails to meet the long-term goals of the organization. Their behaviors exhibit short term strategic thinking. In this regard, and given an opportunity recommend the best strategies to oversee realization of long-term goals of your organization, what strategies would you

Fieldwork Essay Example | Topics and Well Written Essays - 1000 words - 1

Fieldwork - Essay Example Users of interactive media are engaged to the media that they are using. This paper shall investigate the effect of interactive media on the people. The study used random sampling method to select ten respondents for the purposes of understanding the influence of interactive media on cognitive development and learning process. A questionnaire the data collection sought answers to the following questions: The open-ended questionnaire provides room for the respondents to widen the scope of their answers and provide insights into the question. Due to time constraints in interviewing the respondents separately, the questionnaire provided timely data from all the respondents. The response rate was 100%. Most of the respondents (9 out of 10) attested to the use of the internet and digital television as their main interactive media forums. These are the most understood and commonly shared by all the respondents4. Four respondents affirmed that interactive media has positive effects on their social ties. They said that interactive media has enabled fast communication and connection with other people, thus building their social ties5. Interactive media also helps them to keep in touch with their friends. The remaining six respondents attributed their social problems to interactive media. The engaging nature of these media denied them the time to go out and socialise. The impersonality nature of interactive media extends to their social relationships6. Majority of the respondents (80%) agreed that interactive media improves and facilitates the learning process. They said that interactive media provides platforms for them to get more knowledge and provides simplified versions and illustrations for understanding. The other two respondents were unsure of the influence interactive media had on their learning process. Eight respondents were

Remembering my Childhood in the Continent of Africa Personal Statement

Remembering my Childhood in the Continent of Africa - Personal Statement Example Sendaris as the narrator patronizes his own childhood while praising almost all the events which Hugh went through in his childhood. Apart from the praises, I established that later on the article Sendaris is sympathetic of what Hugh went through after his family moved to Mogadishu (Sendaris 247). I have witnessed also the fact that, the narrator has managed to pin point positive and inspiring events, in the African continent which is full of third world countries. The narrator portrays the negativity experienced in the three African countries which Hugh lived in as normal and intriguing. The themes the narrator is trying to display are admiration, jealously and sympathy. Sendaris’ view on what Hugh went through during his childhood is sarcastic. Judging from the narration, in reality Hugh’s experience, in Africa, has been rough and exhilarating. To my amazement, Sendaris is praising and admiring Hugh’s childhood, but this is controversial. I do not consider Hugh to be privileged because his family moves from one African country to another. In my analysis, I discovered that Sendaris’ praises and admirations on Hugh’s childhood are transitional. The transition moves from praise and admiration to jealousy and later on to sympathy. The transition does not depend on what Sendaris thinks of Hugh, but on what Hugh is experienced in his childhood. I categorize Sendaris’ description of Hugh’s childhood experience as overrated. Truthfully speaking, I know that the two countries which Hugh lived in when he was a child, that is Congo and Somali have suffered their share of suffering. Sendaris is sarcastic in his narration; he is intrigued with the thrilling events which Hugh came across. Experiences like seeing a man who had hanged himself on a pole (Sendaris 246) and an animal shot to death while Hugh and his fellow classmates watched (Sendaris 245) are