Business planning is the process of creating goals for a company and strategies to meet those goals. Business plan is required by the Company that have large-scale to reach their goals with some of strategies that called strategy plan. To reach their goals, they have to make a plan for their strategy business and it called strategy planning . For the sample we wrote about business plan of Honda Company. And it will tell us about how much this business plan have an influence for the growth and development of the company.
BUSINESS PLAN OF HONDA COMPANY
The focused company for the business plan proposal is Honda Company as there shows market growth and stability in terms of business operations and management, implying assumptions for better finances for balancing sales and profits and adopting to a suitable and conducive business milieu for Honda’s management board, employees, target groups as well as customer base ranges.
The five levels of strategy of Honda company Enterprise Strategy
The Mission Statement of Honda is try to maintain a global point of view, with the dedication to supply the highest quality products at a reasonable price for worldwide customer satisfaction. Moreover, taking new challenges with the pursuit of Initiative, Technology and Quality, Honda is pursuing their 2010 Vision: Striving to be a company society wants to exist through creating new value, globalization, and commitment for the future. Corporate Strategy
Automobile Industry – Superior Fuel economy – Optimum safety – Driving Pleasure – World wide Motorcycle Industry – Build product close to customer – 28 plant, 21 countries, R&D 6 countries Power Business – First business of Honda – Expanded – 11 plant, 9 countries, sold 156 countries, used by 5.5M people – ASIMO – Honda jet
Business Strategy
• “The Joy of Selling” - Dealership – Create inspiring experience for its customers – Response to changing value – Increasingly complicated needs of customers – =>