Hyka Motors Value Chain Analysis
A business enterprise makes use of several inputs or resources to produce and sell goods and services. These inputs consist of manpower, materials, machinery, methods, money etc. Management is considered a process because it involves a series of interrelated functions. It consists of setting the objectives of an organization and taking steps to achieve those objectives. The management process includes planning, organizing, leading, staffing and controlling.
Hyka Motors is an emerging car manufacturing company specialized in most trending hybrid car models. Initially started as a hybrid technology development firm, Hyka motors later spread out into manufacturing hybrid cars. The main Production unit is in Kakkanad, Kerala. And the company has a vast distribution and service network in association with Nissan motor. Even though some parts are imported, most of the production and assembly of the cars are done in Kerala itself. Companies joint venture with Nissan have given the company a chance to penetrate the Indian market and their distribution channels
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they occupy the post for which they are selected. These employees are oriented i.e. introduced to the existing employees in the organization. This can help to enable harmony and corporation among the employees.
To improve the competence of employees and to motivate them it is necessary to provide training and development opportunities for them so that they can reach to top and keep improving their skill. It not only motivates the employees but this improves efficiency of work also. By offering the opportunities for carrier advancement to the employees organizations can improve their effectiveness and efficiency.
After taking training and performing the job for sometimes there is need that employees’ performance must be evaluated. The employees are rewarded according to their performance. Promotions are given for loyal and effective employees.
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