Submitted by: Submitted by Umairsi
Views: 10
Words: 2159
Pages: 9
Category: Business and Industry
Date Submitted: 07/05/2015 05:48 AM
STRATEGIC MANAGEMENT
MILLAT TRACTORS LIMITED
SUBMITTED TO:
SIR AITZAZ KHURSHED
SUBMITTED BY:
UMAIR SIDDIQUI L1S13MBAM2034
HASNAIN HAIDER L1S13MBAM2007
AROOSA AKRAM L1S13MBAM2039
BILAL MAZHAR L1S13MBAM2013
DANISH AHSAN L1S13MBAM2053
MILLAT TRACTORS LIMITED
Brief Introduction
Millat Tractors Limited engages in the assembly, manufacture, sale, and export of agricultural tractors, implements, and multi application products in Pakistan. It offers a range of tractors from 50 horse power (hp) to 85 hp; diesel engines; diesel generating sets and prime movers; and forklift trucks. It also provides agricultural implements, such as various types of ploughs, farm trailers, lawn mowers, jib cranes, and agricultural loaders. In addition, it provides after-sales services. Further, the company, through its subsidiary, Millat Industrial Products Limited, manufactures vehicles, industrial and domestic batteries, cells, and components. It offers its products through dealers. Millat Tractors Limited was founded in 1964 and is headquartered in Lahore, Pakistan.
External Factors Evaluation Matrix
| Opportunities | Weight | Rating | Weighted Score |
1 | Economical growth giving buying power to Farmers | .10 | 3 | .30 |
2 | Increased demand for Spare Parts | .12 | 3 | .36 |
3 | Qualitry Spare Parts demand in international market | .11 | 2 | .22 |
4 | Expected Relief for Tractor Loans | .09 | 3 | .27 |
5 | Duty on import of CBU (complete build up) tractors | .08 | 2 | .16 |
| Threats | | | |
1 | Declining Sales Forcast | .13 | 3 | .39 |
2 | Restricted Loaning to Farmers | .12 | 2 | .24 |
3 | Expected increase in Sales Tax | .08 | 2 | .16 |
4 | Climatical Disasters (floods, storms, earthquakes etc.) | .08 | 2 | .16 |
5 | Energy Crisis | .08 | 3 | .24 |
| Total | 1 | | 2.5 |
OPPORTUNITIES
1. Economical growth giving buying power to Farmers
Pakistan’s economy on the other hand has flourished and achieved 4.1% growth in the...