Soichiro Honda Essay

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HONDA

HISTORY OF HONDA:
When Soichiro Honda was a young boy; he always had a great interest in the field of automobiles. In Japan he worked as mechanic in a tuning shop. In his earlier time of carrier he made pistons designs for Toyota which later on were rejected because of flaws indication in them. But he did not give up, he started from the scratch build the pistons again and this time he was able to overcome the flaws which were indicated earlier in his piston designs. This was accepted by the Toyota and they offered him a contract to make pistons for them.
After his acceptance of the contract, he started making pistons for Toyota but after a few times the factory was destroyed due to an earthquake in Japan. In his carrier this was not …show more content…

c) Provide adequate come to shareholders and fulfil company civic and fulfil corporate civic obligations.

IMAGE OF COMPANY:

a) Zero line stop and nil defect. (d) Profitable organization. (g) Self dependent, surpassing the goal.
b) No.1 client satisfaction. (e) Market leader. (h) Open and frank atmosphere.
c) Fair rules. (f) Respect for all. (i) Believe in originality HONDA

SWOT ANALYSIS:
A) STRENGTHS PRODUCT
• High brand recognition
• Strong road grip as compared to competitors
• Market leadership – Enjoying 56% share in motorcycles.
• Efficient performance and Durability/Reliability
• Quality – ISO Certification
• Easy availability of Spare Parts and low maintenance cost
• Strong liquidity position/increased profits with each year
• High resale value
• Affordable price of genuine parts
• Successful Promotional campaigns via TV and Newspaper

PEOPLE

• Management/non-management work as a single unit, as a team
• Highly loyal, committed and motivated employees

• Experienced and qualified staff having Technological and managerial …show more content…

The concern of Honda is additionally one in every of its strengths. Through making merchandise and services that give the core values that create Honda distinctive, the Associates round the world keep making such exalting expertise for its client. Honda place earnest endeavours into services, responding to dynamic values and increasingly difficult wants of client. Its services specialize in up client relations, with friendly and attentive sales, responsive service support, thorough maintenance and repairs. Honda began unifying its multiple concern channels into one Honda sales channel, seeking to strengthen the Honda whole, enhance client satisfaction, and facilitate guarantee period client

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