Strengths:
To begin with, strength is the activities that differentiate the company from its competitors and are the unique resources and skills used in the production process. PandaPlast is quality oriented factory; both of the managers that we interviewed claimed that they import high-quality raw material from Italy instead of importing it from China at lower prices in order to ensure high product quality, along with importing the tincture from Turkey, which gave their plastic products unique colors that differentiated them from their competitor. In addition to that, Mr. Ali insured that they possess certain technology that is not available for its competitors, such as the machine used to manufacture water tanks, which made them the only
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Their products are not recognized on the shelves. They are struggling with a brand recognition. Moreover, since the crisis in Syria exports had dropped dramatically, approximately for 20%, logical decision would be to increase the shares in Lebanese market. In order to do it they should implement a strong marketing campaign, which will be effective in both attracting new customers and creating a buzz in a society. In addition, lack of differentiation on the shelve leads to poor customer relations and weak customer base. Loyal customers are not being rewarded with a pride in their brand but rather would feel unappreciated. Consequently a weak customer base will lead to unstable and weak sales. Another factor that adds up to a weak sales is superior quality of the products. It could be considered to be a strength that would differentiate the company. In this case, it acts as a weakness since Panda-Plast is unable to compete with lower prices of their competitors. In the plastic industry price is very important aspect since plastic products could be perceived as a cheaper substitutes of wooden or aluminum products. One more weakness that could be a strength is small circle of owners. Although it provides fast response to a changing market, the decisions may be based on emotions of a person rather than on his intelligence. For instance, this kind of owner may base his decision according to the family ties or personal relations with the employees. This favorability may decrease efficiency and may cost of losing competitive edge over the other
Strengths (company’s internal factors from resources and capabilities)- Bass Pro Shops have a competitive advantage, which in the text is defined as “a firm has a marketing mix that the target market sees as better than a competitor’s mix” (Perreault et al, 2011 p. 47). The way that Bass Pro Shops has this competitive advantage is that its stores have become a tourist attraction making customers want to go into their stores to experience the unique environment that incorporates attractions and learning opportunities. In addition, Bass Pro Shops have gained recognition for their outstanding customer service. The people that
The condition could be happen from the difficulty of transporting and shipping timber from the forest to the nearest port. When the logging activity keep continue, it caused IFP product stocked much more than the rotation of selling activity.
The company’s resource strengths are advertising, celebrity appeal (2 contracts), competitive low pricing in several segments, rebate offer, and model availability. The company’s resources weaknesses are in SQ rating, free shipping, retailer support, and delivery time. The external market opportunities that will have the company growth and increase profitability; sustained low-cost strategy in the wholesale segment, compete in private label segment (no bids in Year 12) and expanding on manufacturing capacity. In Year 12, Company C was able to lower manufacturing cost by 10% and 7% in North America and Asia-Pacific respectively. External threats to Company C are companies like A, B, and E selling at a loss in the private-label segment. Company C will strive to compete with low-cost strategy but with a controlled loss (if any), unlike the current price wars in the private-label segment, which in Year 12 Company C did not compete. Company C is strong in the wholesale segment and in the industry as a whole. The company has some strong resources to continue its growth and probability. Company C’s
Through this strategy, a strength our company possesses is the ability to offer a premium product for every customer in each segment of the industry. We compete by giving all of our customers the very best, up-to-date products. Another strength is that since we have a premium product line, we are able to charge an above average price to our customers, thus leading to higher profitability in the long run.
Although much of the company's success in the past can largely be attributed to their authentic products, the company's upper echelon has begun to observe that the market may be beginning to move in a different direction toward replicas. Sorzal's weakness is its inability to accept this rise in the replica market and its obduracy to follow this trend and expand into this new market. Management's attitude towards this change suggests that they are stuck in their ways and are inflexible in terms of shifting their operational focus in any way. With competition rising, Sorzal's products are beginning to lose some of their appeal, as competitors are pricing similar, albeit mostly replicated, products at a much lower price. Sorzal's stubbornness to lower prices and expand into the replica market has already caused their gross margin to slip and may continue to if action is not taken. Another weakness is the fact the company's authentic products, which account for most of the sales, are limited in supply, as they cannot
Potential Internal StrengthsRespected companySuperior managementBetter marketing skillsAlliances with other firmsGood distribution skillsCommitted employeesWell trained employeesGrowing product line
Suppliers in the industry seek buyers who can move a lot of merchandise in a short period of time. The threat of substitution is a big deal in this industry. Most retail stores carry the same types of products with little differentiation. This makes it difficult for companies in this industry to keep customers coming back. This places an emphasis on the need to build a good reputation with customers.
4. Emphasizing the product quality The durability of the company could last long. It gives the company to have a durability image to the customers. Customers would likely be satisfied and the company could
Strengths signify the current position of a company in terms of generating profits. The main strength of ReviseIT that can be determined from the case study is that the company has implemented a functional and purposeful intranet network within the company. This signifies that they have the infrastructure to make further developments and improvements within their current system.
After research Jan conclude that company faced many serious issues. Firstly many company’s costumers start making their own metal springs, shortage of workers, British company which panda create joint venture is on the way to bankruptcy and lastly polyether foam was starting to be inroads into the company’s market and Panda know nothing about this new technology. First changes Jan make 1971 the company had bought
Perhaps one of the weaknesses that a big company faces is the decentralized organizational structure. This is also part of the difficulties that L’Oreal is facing. Due to the many subdivisions of the Company, there is also the difficulty in the control of L’Oreal. This slows down the production of the Company because of the need of giving reference to the other Board members and directors of the Company. L’Oreal will also have a difficulty in finding out what division is accountable for the possible pitfalls of the Company. Another weakness that L’Oreal faces is their profit. The profit margin of L’Oreal is comparably low than that of the other smaller rivals. While L’Oreal projects certain rise in digits as their profit, the result does not usually meet the expectations (Sang, 2003). Perhaps, this is also due to the high-end advertising and marketing as well as the width of the Company. Finally, the coordination and the control of the activities
There is a threat of bargaining power of buyers as there is a lot of competitors, which give the choice to convert from one chain to another. Moreover, chains are working strongly in the promotion, price, opening branches everywhere, developing the product, and cares regarding quality. It
The case study talks about the problems faced by the Europe’s largest manufacturers of plastic household items, producing over 500 products in its French Factory.
Although the company has been in business for over a hundred years it has encountered several challenges. One weakness is its image. As described earlier this image is not conducive to one to be associated with the kindler, softer side of humanity. Another threat or weakness is the continued outsourcing of manufacturing of parts and accessories into overseas markets and companies. Although, there is no set percentage
In this strategic management assignment, we will see how organization achieve and sustain competitive advantage. As the global leader of the international express and logistics industry, we will study how DHL has gained and achieved in sustaining its position in the logistics sector. To do so, the report will be cut in two parts. Firstly, an introduction will present, explain the subject and then expose