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Assessment_2 Company Name ● Toyota ● Mercedes ● BMW ● Mazda ● General Motors ● Ford ● Volkswagen ● Hyundai ● Honda ● Nissan Engineering Strategy Case Study Report Individual Individual: 1,500 words...

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Assessment_2
Company Name ● Toyota
● Mercedes
● BMW
● Mazda
● General Motors
● Ford
● Volkswagen
● Hyundai
● Honda
● Nissan
Engineering Strategy
Case Study Report
Individual
Individual: 1,500 words +/–10%
The Subject Learning Outcomes demonstrated by the successful
completion of the task below include:
a) Investigate and apply business concepts to construct a
strategic plan for a business, create a sustainable competitive
strategy for an ongoing business entity and develop strategies to
facilitate organisational decision making and problem solving;
) Investigate and devise business innovation and technology
management strategies to develop solutions for engineering
usiness problems;
c) Critically analyse and assess key concepts and principles
underpinning technology strategy and management, the
oad
innovation process, R&D management, technology and intellectual
property protection processes.
Due by 11.55 pm AEST/AEDT Sunday at the end of Module 3.1.
30%
100 marks
Task Summary
Critically review and compare the engineering strategies of two major global automotive
manufacturing companies in 1,500 words (+/–10%). Your research from publicly available
information should include each company’s cu
ent and future-oriented research and development
(R&D), technology and innovation strategies.
Context
This assessment will provide you with an opportunity to research and learn from the experience of
two major companies in the automotive industry (you will be informed if companies from othe
industries have been prescribed). Specifically, you will be asked to examine how the companies you
select have integrated technology into their organisations through innovation, technology (including
intellectual property) and R&D strategies.
Companies generally adopt a similar process in developing strategies; however, the content of each
organisation’s strategies is unique, as they face different challenges and opportunities. You will thus
also compare your two selected organisations and reflect on their differences. In this assessment,
you will research both cu
ent engineering strategies and future-oriented strategies.
Automotive companies are already piloting and adopting new emerging technologies and methods
of manufacturing. The global automotive industry is highly competitive and undergoing many
technological challenges and changes. Examples of new technologies and changes include industry
obots, driverless cars, electric vehicles, new methods of manufacture and advanced materials.
Ongoing innovation and the development of new technologies is the key to gaining an ongoing
competitive advantage. As Giffi, Vitale, Schiller and Robinson XXXXXXXXXXstate: ‘automotive companies
will likely need to harness a variety of advanced technologies’ (p. 8) both physical and digital. The
enefits are that automotive companies are ‘becoming more flexible, efficient, and responsive, and
eshaping how they operate their businesses, engage customers, and deliver products and services’
(Vitale & Giffi, 2020, p. 1).
By completing this assessment, you will understand and gain insights into how engineering strategies
are being developed and implemented in successful global companies to provide them with a
sustainable competitive advantage today and in the future.
APA References
Giffi, C. A., Vitale, J., Jr., Schiller, T. & Robinson, R XXXXXXXXXXWho’s going to pay for the future of mobility?
Insights from Deloitte’s 2020 global automotive consumer study. In Deloitte insights.
Automotive news. Industry 4.0 in automotive. Digitizing the end-to-end automotive value
chain (pp. 2–6). Deloitte Development. Retrieved from
https:
www2.deloitte.com/us/en/insights/industry/automotive/industry-4-0-future-of-auto
motive-industry.html.
Vitale, J., Jr. & Giffi, C. A XXXXXXXXXXForeword. In Deloitte insights. Automotive news. Industry 4.0 in
automotive. Digitizing the end-to-end automotive value chain (p. 1). Deloitte Development.
Retrieved from
https:
www2.deloitte.com/us/en/insights/industry/automotive/industry-4-0-future-of-auto
motive-industry.html
Task Instructions
In this assessment, you are required to research, assess and compare the engineering strategies of
two major automotive companies. The engineering strategies need to be cu
ent and future
oriented. You will be provided with a list of major automotive companies from which you can choose
two companies.
You should prepare for and approach this task by reviewing the content and readings provided in
Module 1 (Strategic Business Planning), Module 2 (Innovation Strategy and Management) and
Module 3 (Technology and R&D Strategy and Management) and conducting research of publicly
available information. Please note that the focus of the assessment should be on the improvement of
engineering operations via R&D, innovation and technology (including intellectual property).
https:
www2.deloitte.com/us/en/insights/industry/automotive/industry-4-0-future-of-automotive-industry.html
https:
www2.deloitte.com/us/en/insights/industry/automotive/industry-4-0-future-of-automotive-industry.html
https:
www2.deloitte.com/us/en/insights/industry/automotive/industry-4-0-future-of-automotive-industry.html
https:
www2.deloitte.com/us/en/insights/industry/automotive/industry-4-0-future-of-automotive-industry.html
It is suggested that you use the following as a guide to structure your assessment:
1. Introduction
• Summarise the background information provided; and
• Outline the backgrounds of the two global automotive companies.
2. Literature Review
• Conduct a literature review of each selected automotive company and
summarise the research.
3. Analysis and Findings
• Discuss and compare the strategies of the selected automotive companies
ased on the information you gathered in your literature review.
4. Conclusions
5. References
6. Appendices
Referencing
It is essential that you use APA style to cite and reference your research.
Submission Instructions
Submit this task via the Assessment link in the main navigation menu in Engineering Sustainability.
The Learning Facilitator will provide feedback via the Grade Centre in the LMS portal. Feedback can
e viewed in My Grades.
Answered 1 days After Jun 30, 2022

Solution

Bidusha answered on Jul 01 2022
94 Votes
Engineering Strategy on BMW        4
ENGINEERING STRATEGY ON BMW
Table of Contents
1. Introduction    3
2. Literature Review    4
3. Analysis and findings    6
4. Conclusion    8
5. References    10
1. Introduction
The economy has recently caused certain issues in the car industry. Due to globalisation and ferocious competition, makers cu
ently fiercely compete for their shares of the entire industry. The company has placed a strong emphasis on client assumptions, product progression, separation procedures, and high levels of inventive work. Bayerische Motoren Werke (BMW), which began operations as a flying assembly firm in 1917, was forced to cease operations in 1923 as a result of the Versailles Armistice Treaty. BMW shifted its focus from automobiles to motorcycles in 1923. Finally, BMW began building cars in 1928 and is cu
ently one of the largest automakers in the world.
This example illustrates the establishment of the BMW Group in the United Kingdom (UK), the substantial challenges the company has faced, its marketing techniques, core competencies, industry seriousness, and BMW's
and positioning. One of the top ten automakers in the world, Bayerische Motoren Werke (BMW), is known for its high quality. BMW was founded in 1916 and is headquartered in Munich, Germany. In the UK, it was put to use in 1980. Viren and Dahlström (2018). Additionally, the BMW Group provides financial and IT services, including shop network management and client relationship executives. Because of sound business methods, meticulous design, and significant
eakthroughs, BMW Group has been able to establish a firm basis for itself as a producer of possibly the greatest automobile on the road today.
The Toyota Motor Corporation has a recognized history that originates before the foundation of the business. Sakichi Toyoda, a person who was
ought into the world in the main portion of 1887 and gained carpentry from his dad, a gifted woodworker, is credited with beginning everything. He began by making wooden circles, every one of which worked on after some time as he added intriguing properties. Moreover, he was spu
ed to keep making since he didn't end up being tired of it subsequent to finding that his mom, grandma, and other female relatives and companions needed to really buckle down. His assurance, which pushed him to explore different avenues regarding motors until his electric circle was working, permitted him to construct an electric circle notwithstanding the shortfall of power in the space at long last.
Moreover, following quite a while of study, he continued refining his creation and beginning to sell it until his dad gave him the excel to move to England and sell his items there. Individuals continuously acknowledged how critical Sakichi Toyoda's creations were, notwithstanding the way that it wasn't at first simple. He gave it to his mate Kiichiro Toyoda, who proceeded to make the famous Toyota Motor Company and is still in business today, subsequent to
inging in some cash from selling the circle.
2. Literature Review
Since it is dependably the underlying stage in each exploration project, the writing audit might be viewed as the examination undertaking's establishment. Moreover, the "Toyota Production System" and "Lean assembling" were viewed as relevant viewpoints and hypothetical ideas in the writing audit. Also, Elsevier, Emerald Insight, and LuBsearch web crawlers and information bases were available and utilized while searching for relevant assets. The significant explanation they were decided to be utilized is that they have
oad writing records that are contained by inventory network the executives and tasks. Also, it is advantageous to chip away at many records to meet the craving for research. Moreover, articles have been recovered from a few, obscure periodicals of various types to give peruses a wide assortment of data. For example, while searching for appropriate distributions, profoundly a
anged diaries like "Diary of Business operations" and "Global Physical Distribution and Logistics" were considered (Folkens &...
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