Tashkent University of Information Technologies named after Muhammad
Al-Khwarizmi
Management of business processes
Task 1
PEST analysis of Lamborghini and Mitsubishi
Group: 124-20
Student: Rahmiddin Asiydinov
Professor: Tursunova Mastura
Tashkent 2023
PEST analysis of Lamborghini and Mitsubishi
PEST analysis is a framework that helps to identify and analyse the external factors
that affect a business or organisation. PEST stands for Political, Economic, Social,
and Technological factors. Let's take a look at each of these factors for both
Lamborghini and Mitsubishi:
1. Political Factors:
Lamborghini:
●
Political stability is essential for the luxury car market, and Italy has a stable
political environment.
●
Regulations regarding emissions and safety standards can affect
Lamborghini's business.
●
Changes in trade policies and tariffs could affect Lamborghini's ability to
export cars to other countries.
Mitsubishi:
●
Mitsubishi operates in several countries, and changes in the political
environment in any of these countries could affect the company's operations.
●
The Japanese government's policies on environmental issues, such as
emissions standards, can affect Mitsubishi's business.
2. Economic Factors:
Lamborghini:
●
Lamborghini is a luxury car brand, and its sales are influenced by the state of
the global economy.
●
Fluctuations in foreign exchange rates could affect Lamborghini's profitability.
●
High unemployment and low consumer confidence levels can affect the
demand for luxury cars.
Mitsubishi:
●
The automotive industry is highly competitive, and changes in economic
conditions can affect Mitsubishi's sales and profitability.
●
Changes in interest rates can impact Mitsubishi's financing operations.
●
Rising fuel prices can affect the demand for Mitsubishi's cars.
3. Social Factors:
Lamborghini:
●
Lamborghini's target market is wealthy individuals, and changes in social
trends could affect demand for luxury goods.
●
Changes in consumer preferences towards eco-friendly vehicles can affect
Lamborghini's sales.
●
Increasing awareness of social responsibility may affect Lamborghini's
reputation and demand for its cars.
Mitsubishi:
●
Changing social trends and consumer preferences could affect Mitsubishi's
sales.
●
The aging population in Japan and other countries could affect demand for
Mitsubishi's cars.
●
Increasing awareness of environmental issues may affect demand for
Mitsubishi's cars.
4. Technological Factors:
Lamborghini:
●
Technological advancements in the automotive industry can affect
Lamborghini's competitiveness.
●
The shift towards electric and hybrid cars could impact Lamborghini's sales.
●
Increased focus on autonomous driving technology could affect
Lamborghini's brand identity.
Mitsubishi:
●
Technological advancements in the automotive industry can affect
Mitsubishi's competitiveness.
●
The development of electric and hybrid cars could provide opportunities for
Mitsubishi.
●
The shift towards autonomous driving technology could affect Mitsubishi's
brand identity.
In summary, both Lamborghini and Mitsubishi operate in the highly competitive
automotive industry and are subject to similar external factors such as economic
conditions and technological advancements. However, Lamborghini is a luxury car
brand that targets wealthy individuals, while Mitsubishi offers a range of more
affordable cars. Additionally, Lamborghini is based in Italy, while Mitsubishi operates
in several countries, which could lead to differences in the political environment
affecting their business operations.
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