ith reference to the e-car industry, discuss the elements that make up the external environment that it faces, and how an individual car manufacturer with a base in the UK might take these elements into account in its strategic and operations management. What should the company’s strategy be in order to continue expanding its business?
vidence is that operating an e-car manufacturing company in the UK will come with increased costs to the company due to the materials, labor, capital, and infrastructure that the company would require to utilize in the process and without government incentive it would be difficult for many companies to operate in the UK market. The UK government has not been able to set adequate infrastructure that would ensure that its citizens will be able to use e-cars once they have been manufactured since there are no guidelines about public charging infrastructure. From the text, the authors have engaged in highlighting that the UK government has been tight-lipped about the construction of public charging infrastructure that would enable e-cars to use such an infrastructure since, from its research, many citizens have shown the desire to use cars that use gas. Source 4 Reference: Saebi, T., & Foss, N. J. (2015). Business models for open innovation: Matching heterogeneous open innovation strategies with business model dimensions. European Management Journal, 33(3), 201-213. Retrieved from: https://openaccess.nhh.no/nhhxmlui/bitstream/handle/11250/298636/Saebi_Business.pdf?sequence=3&isAllowed=y Source Evaluation Authority Who is the author / organisation? Are they qualified? Reliability The authors are Saebi and Foss and they are qualified authors. The text is published in European Management Journal and it is a peer reviewed source. Where is the text published? Is the source peerreviewed? Objectivity The information come from different companies that operate in Europe and the points are Where does the supported by owners, CEOs and managers of many performing organizations in Europe. information in the article come from? Are the points supported? Currency The text was published in 2015 and there are citations and references used in the text. When was the text published? Are the citations and references used in the text current? Academic Yes, the academic conventions are used in the journal. Conventions Are academic conventions used? Which point will the information and arguments from the text be used to support or explain? The information and arguments from the text that would be used to support the topic is that the text has effectively highlighted that there is the need for any company that operates in the European market to ensure that it is able to counter all the external environment elements that it encounters to ensure that it achieves its organizational goals and attain an increased market share. Through the integration of such challenges in the organization’s operational management, it will enable the organization to engage in its daily activities of producing its goods and services. Since strategic management focuses on activities that ensure an organization attains a competitive positioning through integrating the external environment elements in strategic management, it will ensure organization success. Through the e-car company integrating innovation strategies in its operation and strategic management, it will enable her to solve and ensure mitigating the external elements that hinder its operation. Relevant points from the text There is a need for a business that finds it difficult operating in the European market due to external environment elements to engage in aligning the internal organization elements with their business model to accommodate open innovation that will ensure organization success. Supporting evidence / example/ data in the text Data in the text shows how different organizations that operate in the European market, including Apple Inc., has shown the importance of aligning the internal elements of the organization with the external elements that it experiences in its business model to be able to accommodate innovation strategies. Restructuring of the organization’s business model and being able to integrate innovation strategies in the organization strategy and operations management is fundamental to ensure that the organization integrates the external environment to achieve success. Supporting evidence provided by the authors is that when an organization that operates in the European market is able to take the external elements into account in its strategic and operations management, it often helps such organization to engage in wise decision-making process thereby supporting business functions and operations in the organization leading to the attainment of organization goals. When an organization that operates in the European market is able to consider the The authors have highlighted that when external environment elements are being integrated into strategic and operation external elements that affect its operations and integrates the same in its strategic and operational management, it often helps such an organization to achieve success in the market it is operating. management in the organization through the use of innovative strategies such an organization will be able to solve all its challenges that it experiences, leading to the attainment of organization goals. Source 5 Reference: Verbeke, A. (2013). International business strategy. Cambridge University Press. Source Evaluation Authority Who is the author / organisation? Are they qualified? Reliability Where is the text published? Is the source peerreviewed? Objectivity Where does the information in the article come from? Are the points supported? Currency When was the text published? Are the citations and references used in the text current? Academic Conventions Are academic conventions used? The author is Verbeke and a qualified author. The text has been published in Cambridge University Press. The source is a book. The information in the book comes from different performing organizations globally that have been able to expand their business processes and the points are supported. The text was published in 2013 and there is the use of citations and references in the text. Yes, academic conventions are used. Which point will the information and arguments from the text be used to support or explain? The information and argument from the text that will be used to support the essay title is that there is the need for an organization that operate in any market to engage in undertaking effective strategies such as integrating innovation, technology, cultural competency, strategic orientation, collaboration and integration of all employees in the organization process to be able to expand its business operation that will lead to organization success and increase in market share. Relevant points from the text The relevant points from the book are that when an organization is able to integrate its employees in organization process and ensures that there is the integration of new technology in business environments such undertaking will ensure that the business is able to expand its business operations since they will have the support of its employees. Supporting evidence / example/ data in the text There are supporting data in the text which have shown that there is the need for any organization that needs or wants to expand it’s business operations need to integrate its employees in the process as this will ascertain that the employees would be able to align themselves with the organization goals and objectives to achieve success. International business organizations need to ensure that they align themselves with the market needs together with integrating technology in the business process as this will help an organization to be successful when expanding its operations. The author has used examples of different organizations that operate in different markets to explain how through the integration of new technology in the business process and ensuring that the organization meets the market needs it has helped such organization to continue expanding in new markets which can also be implemented by any e-car company. The text also highlights that a company that wants to expand its business operations it needs to undertake the strategies of ensuring that it receive financial incentives, engage in diversification and effectively engaging in product developmen
t that will meet the desire of the customers. The author has provided supportive evidence by explaining that a business that looks forward to expanding its business process needs to ensure that it undertakes effective market, product, and financial strategies to ensure that it achieves adequate market share. There is the use of General Motors’ example in the text whereby the company attained financial incentives and engaged in diversification, which enables the company to expand in new markets. Conclusions drawn from your reading The conclusion that can be drawn from the readings is that there are many external environment elements that tend to impact the operation of e-car manufacturers in the UK. The readings also highlighted the contributing factors that have led to the UK to consider introducing e-cars in the economy. These external environment elements in the UK include policy incentives, availability of charging stations, public visibility naming a few. When an organization is able to integrate the external environment elements in its operation and strategic management, it will help in ensuring that such effects are reduced in the industry thereby, enabling the e-car manufacturing companies in the UK to attain market success. Adequate strategies are required by businesses that operate in an international market, as highlighted in one of the readings to ensure that it is able to expand their businesses. These strategies include ensuring the organization attains financial and production incentives, integration of technology, and employees in the organization process, diversification, and product development are some of the strategies. You will be given a tutorial following submission of the assessment. In the tutorial, you will be asked to: • • Show your tutor how you found your sources Talk your tutor through what you think are the useful parts of the sources You will also be given opportunity to: • • Ask any questions you have on the assessment Get feedback on the work you have done so far This assessment is worth 25% of your reading mark. The mark you are awarded for Evidence of Subject Knowledge may be amended based on your tutorial discussion. Factors Contributing to External Environment of E-Cars in the UK – Outline I. II. Introduction Factors that Contribute to the Need for E-Cars in the UK III. The Elements that Make up the External Environment that E-Car Industry Faces IV. Challenges that E-Car Manufacturing Company Experience in the UK V. How a Car Manufacturer in the UK Might Consider Integrating the External Environment Elements in its Strategic and Operations Management VI. The Manufacturing Company Strategy to Continue Expanding its Business VII. Conclusion Running head: EXTERNAL ENVIRONMENT OF E-CARS IN THE UK Factors Contributing to External Environment of E-Cars in the UK Name Institution 1 EXTERNAL ENVIRONMENT OF E-CARS IN THE UK Factors Contributing to External Environment of E-Cars in the UK Introduction Electric Cars, also known as battery-electric cars, are being produced in different parts of the universe, including the Netherlands, Canada, China, the United States, the UK and Germany. Electric vehicles have been considered as automobile technology of the future, which led to the emergence of manufacturing companies that produce e-cars. Most of the UK drivers are not willing to replace their conventional combustion engine cars with e-cars, and this has become difficult for the government to ascertain its ability to tackle air pollution caused by combustion engine cars. The tra …