Honda Company Business Plan - 1689 Words

HONDA THE POWER OF DREAMS Sameen Kukar Bus115.05 11/29/2011 professor- Steven Saltzman Table of Contents Customers and Competitors Human Resources Globalization Code of Ethics Sustainability Information and Technology Operations Planning Leadership and Motivation Organization Finance Executive Summary. Sochrio Honda was the founder of the Honda Company. He spent Six years as an apprentice in Tokyo Service Station. In 1931 after opening his own repair shop he received a patent from for metal spokes that replaced wood in wheels. In1937 Honda started a piston ring Company and during 2nd world war because of the bombing in†¦show more content†¦The employees are offered with many benefits to work with full commitment such as paid holiday, flexible working hours and retirement plans. The Company gives more importance to an overall worker than one specialized in its own field. Globalization The Honda Company has its manufacturing plants around the globe. In 1959 the Company became leading motorbike manufacturer and realized it potential and thought to expand its empire. The company has opened manufacturing units around the globe by using the platform of Joint ventures, technology sharing and license agreements. The headquarters of Honda Company is in Japan, but due to the non-availability of raw material, The company imported raw materials and exported the finished products. There are some barriers that are faced by the company such as vehicle emission level, noise safety etc. The company’s manufacturing plants also faced barriers about producing the products within the ecological barriers. Code of Ethics Code of Ethics are the combination of guidelines that are designed to set acceptable behavior of a me a member of a particular Company, groups, association or professions. The most important code of conducts of Honda company are: Respect for the law or proper understanding of law, Respect for company rules and environment protection related ethics.Show MoreRelatedHonda Motor Corporation Is Doing It Right1302 Words   |  6 PagesHonda Motor Corporation is doing it right. Honda is a very well known in Japan and around the world for their products. They have been in business since 1949 and have grown rapidly in Japan and around the world. When someone mentions that they purchased a Honda, one probably thinks about reliable, affordability, and exceptionally designed automobile. However, one of the key factors in the company’s success is the fact that they have been successful in the international business environment. Read MoreSwot Analysis Of Honda1603 Words   |  7 Page sHonda has continued to embrace the changes that happen around its operations to ensure sustainability and profitability. 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