Great place to work Assignment Example | Topics and Well Written Essays - 1250 words

Great place to work - Assignment Example The automobile industry products are cars, sports utility vehicles, light commercial vehicles, heavy trucks, pickup trucks, buses, and recreational vehicles. The size of both industries can be analyzed with the help of the target market of each industry. The target market of the airline industry is usually the niche market. However, the industry also offers their services to the economy class. On the other hand, the automobile industry is targeting the niche as well as mass market. For the automobile industry, the vehicle regulations are the most crucial element for managing activities and processes. The reason is that the automobile industry must satisfy the requirements of vehicle regulations and other environmental and safety concerns. On the contrary, the airline industry faces many regulatory environmental issues. It is because the airline industry is one of those industries that get affected by the change in international and domestic regulatory environment. The economic condition of the airline industry has improved after the recent financial crisis because it is generating high profits with the help of high fares by providing high-quality services. However, it remains as one of the most volatile industries. On the other side, the economic conditions of the automobile industry are also improving with the use of the latest and new technologies in the automobile products. The company mission is to innovate and imagination to the future. The company mission is showing that there is need of some strategies that will help the company to make it easier for achieving the goal. Future plans of the company are required to build so that the company will move forward to increase its efficiency. The need of change in the human resource management will bring a change in the company. â€Å"We are constantly re-examining our capabilities and processes to ensure that our company is as strong and vital as our heritage. In fact, our culture mirrors

Quality Management in Business Essay Example | Topics and Well Written Essays - 1250 words

Quality Management in Business - Essay Example Under this principle, the business will adopt a pricing strategy that suits the quality of their product. Another definition of quality states that quality is the process of satisfying the customer’s implied and stated needs. This is where the business creates products in accordance to the needs and expectations of the customers. The business would carry out market researches and consider what kind of products and services are being expected by the customers, and then the quality of the products will be determined. The levels of quality and pricing strategies also depend on the needs of the customers. For example if the customer is ready to use a product of high quality and high price, the business will produce only high quality products, but if there are customers who want to spend less and compromise on quality, then the business will produce the same product with varying levels of quality (Black, 2011, p. 736). Another definition states that quality is the combination of process power and people power. It is linked to the efficiency in production and the improvement of processes. It may also include the technical processes, designs, engineering and management processes. The features and characteristics of the tools and materials provided by the suppliers also include in the quality of the product. In manufacturing businesses, quality can be regarded as the process which is free from defects, delays and deficiencies. The quality assurance processes include all activities that prevent, detect and remove all the defects that tend to occur in between the business processes. The processes include several steps to ensure that the delivery of products and services is being carried out efficiently. The steps include plan, do, check and act. In the plan stage, the business has to ensure that a plan is made in an order keeping in consideration all the processes, activities and methods to be used. The next step is doing, where