Atom Tactical strategy, successful Research and Development, and unity do not begin to describe the computer company Atom. Atom was able to overcome all obstacles they faced in the first two years of their company’s start up. They showed to be leaders with their high brand ratings and held 27% of market share in APAC. They used penetration pricing to attract customers and inelastic pricing helped them attain capital.
They licensed with Swift and Caliche in order to achieve the highest amount of Research and Development. The licensing created opportunity for them while keeping them from having to take out a bank loan. APAC was their most profitable with 5.7 million and Europe followed at a close second with 5.4 million. They had diverse products
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In Quarter 5 Atom opened up sales offices in Paris, Warsaw, Moscow and London with a total sales force of 64 in Europe alone, which was a very strong move. By expanding into Europe they were able to increase capital—a goal from the beginning. Atom also opened up in Abu Dhabi with a sales force team of 11.
Their intentions for manufacturing did not anticipate the success of their demand, which led to stock outs and loss of customers. This was difficult for them to bounce back from but with determination they were able to do so. Manufacturing was a difficult task for Atom. When forecasting manufacturing they did not correctly take in account their current market performance. In their case it would have benefited them in profit if they would have taken more of a risk and properly forecasted their demand and applied lean manufacturing. Setting up manufacturing in Shanghai was a well thought out move because it kept cost low for them so they could turnover more profit.
Atom used a fast follower method, they saw what their competitors were doing and adapted and diversified their products. They were able to increase their market share from 5% in quarter 3 and from quarters 6 to 8 they held 27% of the market while keeping at 100% fixed
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They had highest figures in Financial Performance, Market Performance, Asset Management, and finally achieved a high result in manufacturing. Their weaker areas were Investment in future and Wealth. This could be because they were trying to spend wisely which resulted in them taking less risks and spending money to make money. Although their strategy was to spend as little money possible they could have benefited in these areas. From the balance scorecard it is shown that from Quarter 7 to Quarter 8, Atom skyrockets and dominates the market above all other companies in their balance scorecard.
In the future, Atom can expand further past APAC and Europe and put sales offices in North America where they can thrive. By expanding they will create more demand for their products. They can thrive by investing in Research and Development thus creating an even more stimulated demand. By adjusting their manufacturing to meet their projected demand, they can be true leaders of the computer industrial
If we had been able to play one or even two additional rounds; our strategy would have been to increase the automation of our products to lower their costs and increase our contribution margin. This would have put us on a more comparable path of the computer teams. To stay on track with our previous decision, we would have introduced additional products either in the high-end markets to continue our strategized shift. The trick would have been repositioning the products as they moved to different segments.
The diversification lowered the overall risk of the firm and created an information network among the divisions, which was critical for the company to gain competitive advantage. The loyal customer base was another strength. The $60 billion assets that under the company’s management provided the company a positive brand image and made it easier for the company to attract new customers. Weakness:
Stock prices fell down by 54% in 2008 FY, Because it is depending largely on debt. Falling from $61 in2007 to $28.31 in 2008, it recovered slowly from 2009to 2 Future With rising trend of ecommerce business, there is huge potential for the company to increase its profitability through its online
And achieve as a result, the growth for its brand, market share, and sales
Introduction This paper analyzes how apple positioned itself to take advantage of unique designs to attract sufficiently large niche market to surpass competition in US and China.in addition, evaluate apple's experience in strategic alliance. Apple, Inc. was founded by Steven Paul Jobs, Steve Wozniak and Ronald Gerald Wayne on April 1, 1976 and is headquartered in Cupertino, CA. The company designs, manufactures, and markets mobile communication and media devices, personal computers, portable music players, besides, sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The company sells its products worldwide through their retail stores, online stores, and direct sales force and third party cellular network carriers There is no doubt Apple bring newness and innovation with each of its product.
How Sustainable is Apple’s Competitive position Introduction Apple started out simply as a computer company producing Macintosh computers and software, but has since evolved over the years to manufacture other products. It introduced iPods in 2001 for music players, in 2007, it started producing iPhones. Its products are consumer oriented and this has contributed to the success of the company. Apple also views innovation as basis of survival and business development (Yoffie, 2012).
Protect their key markets - which is China and their mature "Think" business with their company accounts. Attack their emerging, transnational markets and build a presence within the home or small business (SMB) segments across that house. This two-pronged business strategy, established in early 2009 by their chief operating officer, Yuanqing yang, additionally needed alignment of the availability chain to the customers in every market. To enable them to do so, they targeted on trade their supply chain operations to customer wants, closely managing supplier risk caused by volatile market conditions last
However, HK plant would still be kept as a place for smaller size order and unexpected risky circumstances, which may occur in other locations. * * I agree with short term and long term relationship with HK and China. But I would like to add one more recommendation which is using HK and China based on the product categories -; HK vs. China Comparison HK China Production Manufacturing at twice the speed
A-Four support activities: 1- firm infrastructure and finance : -Strong brand, product, marketplace solution, delivery and support. (brand value from 35$ in 1973 to 10.7 billion in 2014 ). -Empowerment of top management –geographic structure. -Low debt, short term debt 2.9 billion, and long term debt 1.1 billion. Cash in hand 2.2 billion.
Apple Inc. embraces diversification strategy as a means of promoting its viability in the market. Largely, the creation of the three products lines compounds the sources of the company’s income. In fact, the company does not rely on a single source of income because the product design belongs to different categories. This strategy cushions the business from suffering risks of associated with depending on a single business. According Hitt, Ireland, and Hoskisson (2014, p.135), the benefit of handling many products is that when one product fail or does poorly in the market, the business is would shift its attention of the best performing products.
In some situations, conflict can be more constructive than destructive. In this paper we take a look at two technology giants,
The case chosen is IBM at the Crossroads, published by McGraw Hill Education. 3 key Issues and Recommendations A rather mind capturing case, talks about the growth story of IBM. The three key issues and future challenges in IBM’s way are: • Slow Reaction to Change: The past trends followed in IBM, show that it lacks responsiveness to change in market trends and revolutions.
Executive Summary On April 1, 1976, Apple Company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. Apple headquarters is located in Cupertino, California. Apple Inc. designs, produces, and sells various media devices (apple.com, 2014).
Apple Company. Is an American multinational firm that layout and manufactures shopper electronics and PC software products. Apple was founded on the first of April, 1976, at the hands of "Steve Jobs" and "Steve Wozniak" and "Ronald Wayne" for the sale of personal computers called "Apple. The company manages more than two hundred and fifty shop of retail stores in nine countries, and shop on the Internet sold by hardware and software products. The reason why I choose this organization is because it 's very successful and famous device everywhere in world.
Similar to other giant corporations, Pensonic was faced with the global economic crisis that drives down the demand of electronic products. As a result, Pensonic decided to reduce its operation and focus on improving its efficiency. On top of that, it also decided to shut down its sub-brand, Princess Home Appliance, by the end of 2001. Such action was inevitable as the sub-brand no longer generated profits, and it was a tough decision to be made. During a crisis of such magnitude, an organization should adapt to changes and react quickly to avoid more losses.