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Honda SWOT
Honda SWOT
à is one of the best as well as a leading company in ¬ ¬, which is producing
well with the help of all the latest and innovative technologies. Apart from automobile, Honda
is one of the best and the largest producer of engine. Honda was the one, which compete with
and achieved the highest ¬¬. Honda was the first Japanese automobile-
based manufacturer, which produced the luxury-based . This company is thus working
well and generating effective outcomes. Apart from this, numerous threats as well as
weaknesses are there which plays an important role in weakening this company. Therefore, in
order to analyze the weak areas and to highlight the strong areas of a company, SWOT
analysis is done which results in better and productive outcome. (Dyck&Neubert, Pg 624,
2008)
c
Innovation
One major strength is the revolutionary engine technology with the help of which Honda is
gaining success day by day
Popularity is termed as one of the best strength which results in betterment for the company
Apart from Nissan & Toyota, Honda requires privileged purchase ¬
model is consider as one of the major weakness for Honda Company
Prices for non-luxury vehicles are far high as compare to other manufacturers
In ¬ line, Honda Company is not offering strong products and proposals
Honda has the best opportunity to use its R&D in producing cars according to the needs and
demands of their customer. This is only possible because of the increase in demand for less
pollution cars.
Fuel efficiency is now a days termed as one of the best opportunity which can results in the
best productivity for the company
They can gain more popularity by doing better research and development
All the external changes for instance taxes, politics as well as government are the major
threats for Honda Company
are contributing a lot towards the loss of Honda company
Substitute products are the major threats for the Honda company
c
Bruno Dyck, Mitchell Neubert, (2008), Management: Current Practices and New Directions,
Cengage Learning, page 624