These days the structure of the family is changing and people are going in more for nucleus families External factors that affect apollo tyres consists of parent, and dependent children. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
How to overcome the weaknesses that obstruct taking advantage of the opportunities? Within a social class, people share the same values and beliefs and tend to purchase similar kinds of products. What composes a threat of substitute products and services? Is there a threat of new competitors entering the market?
An individual can be an executive in a company, can be a member of a political party. These groups have a lot of interaction amongst themselves and are well knit. How to use the strengths to reduce likelihood and impact of the threats? In the Indian culture itself, we have many subcultures, the culture of the South, the North, East and the West.
The implications for HR management are mainly as we move from the present to the future. How significant is the bargaining power of suppliers?
How to use the strengths to take advantage of the opportunities? Legal Factors- It has to manage its employees according to the legislation enacted by the government at the centre and the states.
This differs from the people in the North of India. How big is the bargaining power of buyers? Hence ,procurement of technically skilled employees is necessary to match the changing job requirements.
Hindu culture, Muslim culture, Hindus of the South differ in culture from the Hindus of the North and so on.
Social Group Influences A group is a collection of individuals who share some consumer relationship, attitudes and have the same interest. The various factors percolate from the external to the individual determinant, to finally influence the decision process.
Situation variables such as product display, price reduction, free gifts and attractive offers also influence consumer behaviour. Different emphasis is given by different cultures for the buying, use, and disposing of products.
Labour supply and demand have implications on all activities, but particularly for compensation and external staffing.
Products are designed to suit a target group of customers which have similar cultural background and are homogeneous in many respects. Labour Markets- In labour markets, organizations seek employees demand and labourand individuals offer their services to organizations supply and labour.
Their choice of residence, type of holiday, entertainment, leisure all seem to be alike. Practice Test Personnel managers cannot perform their job in vacuum as a number of environmental factors affect HRM. Changes in the external environment have a profound impact on the personnel. These groups could be primary where interaction takes place frequently and, consists of family groups.
Secondary groups are a collection of individuals where relationship is more formal and less personal in nature. These leave permanent or temporary impressions on the mind of the consumer and affect his behaviour. Technological Innovation- Rapid technological changes and innovations are taking place all over the world.
Upon answering these questions a company can develop a project plan to improve its business performance. Other Influences Consumers are also influenced by national or regional events which could be like the Asiad, the Olympics, cricket test matches, World Cup, the war or a calamity.
The behaviour of a group is influenced by other member of the group. The complete financial data is available for publicly traded companies.
The other type of family is the joint family where mother, father, grandparents and relatives also living together. The knowledge of social class and their consumer behaviour is of great value to a marketeer.
What is the intensity of competitive rivalry? This can be done under four broad headings which can have subheadings as shown in Figure: Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix IE matrix rests upon an investigation of external and internal business factors integrated into one suggestive model.
The technological revolution and stiff business competition demands that the existing employees adapt to every changing work situation and learn new skills, knowledge etc. Social Class By social class we refer to the group of people who share equal positions in a society.
Legal — What laws and legislation will exert influence on the style the business is carried out?The key success factors of Apollo Tires in the industry affect industry riva’s ability to expand in the competition, raw material availability, packaging, cost, marketing, product design, reputation & credibility, quality and others.
Apollo Tyres. FINANCIAL STATEMENT ANALYSIS APOLLO TYRES LTD. As Part of the Course On FINANCIAL ACCOUNTING INTRODUCTION Apollo Tyres Ltd. is a leading Indian tyre manufacturer which commenced its production in under the leadership of Raunaq Singh.
It is built around the core principles of creating shareholder value through reliability in its products and dependability in its. Personnel managers cannot perform their job in vacuum as a number of environmental factors affect HRM.
Environment furnishes the macro context and the organisation is the micro unit. Of primary importance here are the external influences of economic conditions, labour markets, laws and regulations and labour unions. Reasons to Purchase: Gain understanding of Apollo Tyres, Ltd.
and the factors that influence its strategies. Track strategic initiatives of the company and latest corporate news and actions. Assess Apollo Tyres, Ltd. as a prospective partner, vendor or supplier.
Support sales activities by understanding your customers' businesses better. Stay. A STUDY ON EMPLOYEE MOTIVATION IN APOLLO TYRES LTD, KALAMASSERY S.A.S SNDP YOGAM COLLEGE, konny P a g e 3 REVIEW OF LITERATURE MOTIVATION-DEFINITION According to datum mint-body.com far land ‘motivation refers to the way in which urges, driver, aspiration.
Striving or needs direct, control or explain the behavior of human beings.2/5(1). Gain insight into the marketplace and a better understanding of internal and external factors which could impact the industry.
2 Apollo Tyres Ltd - Analysis of Key Performance Indicators Apollo Tyres Ltd - Five Year Snapshot: Overview of Financial and Operational Performance Indicators.Download