The decision that the company made may be considered rash and unsound. Given that the company may have other competitors, it was not mention that the reason they were shutting down was because there was another store competing for their business in that area. The issue of not making any profits may not be contributed to location. It could mean that the reason they are not making any money is because they are not catering to the customers in those location. The store may not be providing what is needed or wanted in those areas. Company Q must realize that the business will not succeed by selling just products; they must consider social responsibility and consider the…
Business decision making and planning is driven by a strategy defined by the firm – goals and values, resources and capabilities, and structure and systems – and the industry environment – competitors, customers, and suppliers. Losing sight of either the internal or external environment is cause for a perfect storm. For instance, the decline of Nokia, when…
The planning was not done appropriately or was it effective. There were questions that were unanswered because they were not asked. The executives took it upon themselves to make all decisions without consulting with the employees who this would affect. The purpose of the integration of these three groups was done so that they could form an entity that would be able to with stand the economy and the insurance companies and with the payout on insurance claims decreasing significantly this is something they felt they had to do. They needed to change the scope of the business but did not consult any of the employees about what they thought. Not only did they encounter changes in their roles and responsibility but they had new people to report to, the name of the organization changed and modifications had to be done they had to contend…
Their business model could not follow the fast changing trend in the market and their fast move to enter new market and expand the business.…
Winston Hao, the owner of Datavast Inc., is operating at a loss and needs to find out a way to be profitable this year. Datavast Inc. sells Data Security Boxes to big and small companies in China who are new to the concept of cloud storage. Winston Hao needs to dial in his target market, but the real issue is not enough sales. Hao is certain to segment to try to emphasis deep in order for him to build up his company. One of the issues that affect Datavast would be that either the market is behind in data storage or none at all. It’s also in lack of protection to face bankruptcy. Hao wants to target either small companies or larger companies, but would advise to market to larger companies to engage bigger advantages. If the Datavast goes to larger companies they will provide better effect for any pros and cons. It would be for greater good to act on his market to larger companies to try and provide the Data Security Box.…
DMC’s top management team is well aware that a major change in strategy causes other changes. This also causes each manager concerned how his/her own area will change, even while they all know they have to help determine a direction that is the best overall choice for the company. They are well aware that the current growth strategy is insufficient. Top management team also need to consider whether or not a chosen target segment is profitable enough to pursue, and how these changes might influence manufacturing, supply chain, and personnel. Depending upon future direction, there will likely be an impact on information system as well. While IT is a progressive management team who is always willing to implement technical solutions to expedite product development and sales, their budget has been constrained along with all departments over the course of recent recession and the variability of returns to the company. Finance and accounting remain concerned about cash flow demands and financial activity for…
functionality is that a registered user can rate restaurants. E.g., look at the \Add a Review…
This week, the emphasis was on global competition and in what way this can influence an establishment’s strategy to boost profits and how to utilize global competition to examine the outcome of relationships among employees and management. These dual topics were fairly straightforward for all team associates to comprehend and might be able to relate to their trades. All team associates were able to convey the topics to their trades and recognize how global competition can influence their specific industry.…
I believe companies fail in the international market because they’re too confident about their success in the local market and because they do not take into account the cultural, political and economic differences and possible rivals that can represent pressure or rejection of the market they want to explore. Also, they do not use the right strategies and approach to reduce risks or get the benefits of such market.…
Maggie Hao, who created the Datavast Company decided the most effective solution is the size of segmentation. The demand of each company in each geographical areas and industries are different, also buying properties. However, firm size affects the demand and necessity of each company. Although they had no direct competitor at the time, Hao decided to make his plan with opportunities as well as the storage industry in China. There are several problem of the company which are short term marketing strategy required, undetermined target market, and desired goal of positive net income.…
The first issue faced to this company is clearly the model of the IT department. The company had six internal departments or groups that prioritized IT resources, headed up by the internal CIO. The decisions made by the IT department of the past were then transferred to Perot systems or gedasUSA, essentially leaving the company without any true IT resources. Both companies were seen as outsourcing for the projects even though gedasUSA clearly was an internal company, and costs even though billed at market value, were truly less expensive than market price if they were charged at cost to the company. This could have been a major deciding factor as the company estimated the cost of all business projects to be $210M and only had a budget of $60M. This type of outsourcing is also limiting the knowledge of the company’s past IT roadblocks as many or all of the long term associates have left the company during the transitions. This transitioning allowed each of the business units to begin to develop their own relationships with web developers over several years in an effort to bypass the companies used for IT development in an effort to get projects completed on a faster timeline. This fragmentation of the web developers could easily drive up costs as well as lose any…
From the Background we understand that, the case is about Gametronics. Since the opening of this video game industry, it is faced with declining profits, and is attempting to secure growth in sales through its primary developing market. It’s facing with a lot of problems in the competitive business world including a risk of possible hostile acquisition.…
The company was stuck in the way business is done , unable to generate revenues and further growth. They have accumulated losses and they are trying hard to battle with the competition.…
Explain the challenges from competition in the local market, and how the company might respond strategically to the competition.…
In this case study Roger Cahill has been acting as the head of mobile division for less than a year. Currently he is struggling as he faces great difficulties adapting BoldFlash to a changing marketplace. The problem really started a year ago when Mr. Jim Harrison appointed the young Roger Cahill to a VP position. Although Roger has led a research project in his previous work, he is only 24 years old and inexperienced to manage a company at VP level. Positions at those levels require years of strategic leadership and management skills. Nevertheless in the last 12 months, the company focused primarily on the redundant production of customized chips without further research or product development in new and upcoming areas like the storage device. This negligence from both product development and marketing is a huge loss to the company as they missed out on the opportunity to launch new product line; therefore missed the opportunity to penetrate the potential market. Now the company has old products not priced competitively and struggling to penetrate the marketshare. Also the four groups within the division, product development, marketing, sales and manufacturing are constantly in conflict and don’t have the reinforcement from the leadership to work as a team. Although Cahill has observed the dysfunctions, he has not implemented any processes or trainings to work as a cross functional team. The company’s profit margins are low and Cahill has to take initiatives to suggest number of changes. With the staff that has low morale and lacking motivation, Cahill has to develop action plan for improvement. He has to define roles and propose organization change design to deliver an outcome necessary to be successful and generate higher profits.…