Q1. In Stag Case Study, the 3 key factors to impact on the business in the future can be discussed in two theories, namely SWOT and PESTEL. The SWOT analysis is a structured planning way to assess the strengths, weaknesses, opportunities and threats likely to impact on strategy development for analyses to identify the competition environment. Strengths are internal origins that offer an area to enumerate everything done right one by one or as an organisation. In this case, in 2011Stag is treated as one of the most popular Indian sports brand in table tennis in worldwide, No.1 table tennis equipment manufacturer in Indian, top 5 in global and low cost of operations, more easily for generating fund to expand business for more profit.
According to The Wall Street Journal, Warby Parker is valued at $1.2 Billion, “Warby Parker one of only a handful of online retail startups to grow beyond a $1 billion valuation before going public or getting acquired.” Once they do go public and expand their target market, I can only assume they’ll sell more glasses, but will they still be able to match a free pair to each sold? Overall, I think the company’s intentions are good. Yet, they shouldn’t forget what service helped them get to where they are at now in the marketplace. Also, I have Warby Parker glasses. My opinion might be subjective but fans are usually the harshest
Amazon being a public listed company has not shared any figures. Though they do say that India is on the track of becoming the fastest country to ever reach $1 billion dollars in gross sales. 5) Amazon Prime/Flipkart First: Flipkart had introduced a premier membership program in July 2014. Though benefits are limited to one vendor only. Amazon Prime, the paid membership program is still not present in India.
Microsoft entered the gaming world in 2001 with the original Xbox but they had a lot of ground to cover because Sony was on their 2nd console and had been making consoles since 1994. Both compete to have exclusive content that will bring more gamers to their particular system. But is this the largest competition that Microsoft faces? With only about 9% of their overall revenue coming from the Xbox and its games Sony isn’t really their largest competitor. Looking at Google and Amazon both of these companies are in Microsoft’s largest profit market which is the internet and Cloud services.
Fixing a broken Apple device is straightforward. If a subscriber runs into a problem while using Netflix, it’s easy to talk to a real person. The brands that achieve the highest NPS don’t just focus on reliability — they also focus on great service. This goes beyond the “great” to which most companies aspire. Amazon has made headlines in the past for refunding small balances of 16 cents to customers when the price of an item they’ve previously ordered decreases — a small action that most companies wouldn’t bother with.
They are present in all the major cities in India and have started their track outstation too in the same industry in order to achieve their vision. 3.5 Inference: In this comparison, though Royal Orchid hotels have followed related diversification strategy, they are not as famous as ITC are at present. ITC started their hotel segment 2 years later than Royal Orchid which should hold the first mover advantage. But ITC with their investments earned from other businesses, made their entry a premium and luxury one to attract customers domestically and globally. It should be noted that, unrelated
Strengths Tesco is a strong worldwide retail brand, the world 's most valuable brands, slightly lower than IKEA, far higher than eBay 's former 100 (Brand Finance, 2014). It is called a company that offers value for convenience, money and a wide range of products, and local sensitive management (wood and McCarthy, 2014). Worldwide, Tesco has 6784 stores, in 2012 an increase of 433 stores since, despite the disposal of their US business, Fresh & Easy (Tesco, 2012, 2014) of. Tesco using innovative management methods in its rise, including the establishment of stores such as Tesco Metro and Tesco Express, which is the local community of small shops, making for customers (Schiraldi, Smith and Takahashi, 2012) shopping more convenient. Other advantages of its global operations, including online shopping, joint ventures, such as in China, and local recruitment, including senior management positions (park, Bertels and Elsum, 2011).
3. No major improvement in latest product version – Previously Apple has considered one of the most innovative companies that introduce the new product with new technology. But now Apple’s R&D spending is only 3.4% of the company’s total revenue, one of the lowest rates among its competitor. 4. Higher Price than its competitor – Smart phone competitor like Samsung and Xiaomi are stealing the market share via the lower level price smartphone, however, Apple don’t have the lower price smartphone.
(2004), market laws and regulations can prevent import to the foreign target market. This could permit enterprises to only establish in less attractive geographical locations. 126.96.36.199 Cultural distance Cultural distance can be seen as an important external factor that influences the entry mode decision. Enterprises prefer to enter countries that have a cultural similarity with the country of origin (Root, 1994). Studies showed that when the cultural distance is large, enterprises tend to set up a joint venture, rather than a wholly owned subsidiary (Agarwal, 1994).
Malaysia can now only using the price strategy to attract people as it is the cheapest ticket rates among all the competitors. For attracting more people, Formula One will having roadshow every year and this year they are having roadshows at Penang and Johor