Swot Analysis
Swot Analysis
Swot Analysis
Strength :
Atlas Honda has following strengths.
Quality product :
Atlas Honda ltd has quality products , which is one of its major strengths
Good image:
Company has a good and favorable image in the market and in the mind of customers
Excellence services:
Company provide excellent services to its customers
Financial strength :
Atlas Honda ltd is financially strong company which is its another strength
Intensive distribution network:
Company has incentive distribution network (dealer) throughout the country which is it
strength.
Committed employees:
Company has committed and devoted employees that are loyal to the company , which is
another strength of the company
Four Stroke Technology:
Its four stroke technology is being used in Honda motorcycles that is again another
strength of the company. This is the latest technology being used in this industry.
Availability of parts:
The spare parts of the motorcycles are easily available all over the country which is
another strength of the company
Largest service network:
The company has largest service network throughout the country
Research and development:
The company has an R&D department which suggests the production department to use
latest technologies
Market research :
Company has a sophisticated market research system, with the help of this system
company is able to get knowledge about competitors activities and market trends
WEAKNESS
High price:
The price of Honda motorcycle is relatively higher than others.
Lack of new model:
Company has not introduced any new model with major changes from a long time.
Opportunity
5s concept:
New concept of 5s is an opportunity for company to develop. With this new concept company
has introduced two new S other than sales , spare parts and service . These are special sales and
second hand sale. According to these new idea dealers will help the customers to replace their
second hand motorcycle with new one and customers can get motorcycles on credit as well.
Strong competition :
Raw material:
Input raw material especially steel prices, rubber and petroleum products.