Got a tricky question? Receive an answer from students like you! Try us!

Hyundai Auto company - Essay Example

Only on StudentShare
Author : johnpaulschowal


Hyundai Auto Company Introduction The success or failure of an organization partly depends upon its several managerial decisions. In this context that the business enterprises, in the current era, tend to enthusiastically implement the notion of managerial economics that majorly concentrates on various analytical tools that support the managers in making effective decisions gaining an in-sight to the market scenario…

Extract of sample
Hyundai Auto company

From a similar point of view, various analytical tools including the Marginal Cost (MC) curve, Average Total Cost (ATC) curve, shifts in the Demand-Supply curve along with opportunity cost and market share coverage (Managerial Economics, n.d.). By taking into consideration all the aforementioned theories and concepts, the discussion in this paper will intend to demonstrate and analyze the managerial decisions taken by Hyundai Sonata (i.e. a particular brand by Hyundai Motor Company) being into competition with Toyota Camry (i.e. a particular brand by Toyota Motor Corporation) in the international automobile industry. Hyundai was established in the year 1967, by Ju-Young Chung as an ancillary of Hyundai Corporation which was a Korean entity. The company is considered to be among the leading automobile companies in the world. Since its inception, the company can be identified as highly impacted by the micro as well as macroeconomic environment factors by a large extent. For instance, the remarkable technological enhancements as well as the resourceful marketing strategies of the company ultimately led to a striking increase in its sales in the US market being supported by the market structure along with the macro-economic policies. ...
Download paper

Related Essays

Hyundai Auto company and GM Auto company
With these, the company embarked on restructuring its brands in a manner that they were responsive to market needs yet still competitive. It has focused on restructuring its brands while still focusing on their core business: that is they have focused on strengthening the core businesses which are Buick, Cadillac and Chevrolet, while reducing focus on other lesser brands which are not the core of the business (GM Company 2010 Annual Report, 2010; Norton, 2008). Hence, while focusing on high quality and exciting vehicles, they have also focused on affordability and fuel efficiency. The key…
11 pages (2761 words)
Ford Motor Company
Henry Ford pioneered the concept of mass production using the assembly line. He was also well known for the development of Ford into a fully integrated concern which encompassed financial firms, auto component suppliers and automobile manufacturing. 2. Case Analysis In our analysis, we briefly look at the problems faced by Ford using the strategy analysis framework. We highlight some of the issues mentioned in the case and support it with research in the automobile industry domain. 2.1 External Analysis The focus is restricted to the US automobile market; though we need to consider the global…
Analysis of Hyundai Motor Company
It has not been able to maintain the dividends competitively as it has been focusing on retaining the profits in the company to make its financial performance look better, thus a fall in the share price can be anticipated, which is in reality reflected by a decrease of 2.14% of its share value. Background analysis The company in focus for this paper is Hyundai motors. Hyundai is a Korea based company but it has grown steadily in the automotive market over the past few years. Automotive industry is highly competitive these days, according to Bloomberg Businessweek (2012), the US automotive…
8 pages (2008 words)
Ford Company Essay
hnical Excellence Know and have a passion for our business and our customers Demonstrate and build functional and technical excellence Ensure process discipline Have a continuous improvement philosophy and practice Own Working Together Believe in skilled and motivated people working together Include everyone; respect, listen to, help and appreciate others Build strong relationships; be a team player; develop ourselves and others Communicate clearly, concisely and candidly Role Model Ford Values Show initiative, courage, integrity and good corporate citizenship Improve quality, safety and…
4 pages (1004 words)
General motors company
The company is a South Korea conglomerate company with its headquarters in Seoul. Chung Ju-Yung founded the group in 1998 after the purchase of the second largest car company; Kia Motors, Hyundei purchased 51% of the company thus leading to the growth in the company’s operations and its market share. The acquisition of stake in Kia Motors saw the company’s reestablishment, thus leading to its growth. Hyundei Company deals in production of cars, minivans, trucks, buses and other commercial vehicles. In 2000, the company establishes a fuel task force in Yongin, which acted as the company’s…
8 pages (2008 words)
marketing 2500 24 hours
The paper discusses demand-supply, expected sales & market share analysis, analysis of market entry mode, & strategies and estimated budget. All the analysis has base on extensive literature, case studies, theoretical modes and sales tables and curves. The statics results reflect well and car marketers from many companies both local and foreign are having an advantage. Most large automotive industries are currently either investing much in China or developing new small car models preferred by most families in China. Companies such Toyota, Ford Motor, Honda, General Motors are presently…
10 pages (2510 words)
Video Case 2: Toyota Prius
This paper will discuss some of the key facts regarding its hybrid model known as Toyota Prius, which is in early stages of its development. Furthermore, more holistic insight regarding Toyota’s marketing scheme, its social trends along with key aspects of the development of Prius will be discussed. A key aspect that was prevalent regarding green energy was the concept of hybrid vehicles. Hybrid vehicles have been the pinnacle as society continues to progress towards a greener environment. (Toyota Motor Sales, 2011) Conducive research proves that hybrid cars are more effective in optimizing…
3 pages (753 words)