& Structure of Lesson Business Environment • • • • What does the business environment comprise? Use of PEST analysis Influences and drivers for change Glocalization Title of Slides Learning Outcomes At the end of this lesson‚ you should: Understand the nature of the business environment which includes ; • What does the business environment comprise? • Use of PEST analysis • Influences and drivers of change • Glocalization Title of Slides OPENING QUESTION WHERE
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APA citations to support your statements‚ explain what a PEST table is and why it is important to an organization (1-2 paragraphs). Pest Analysis is a frame work that strategy consultants uses to scan the mirco environment in which the firm operates. (Value Based 2013) PEST is Political‚ Ecomonic‚ Social factor and Techonolgies factors. Companies will use this in workshops and it will make the managmenets brainstorm techniques using PEST for strategic plannings‚ marketing planning or development
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Individual Research Report Title: Strategic Management of Lenovo in Mainland China PC Market [pic] Name: FIN Number: Course Enrolled: Date of Submission: Table of Contents: 1. INTRODUCTION.........................................................................................................3 1.1 BACKGORUND INFORMATION………………………………………………..3 1.2 THE OBJECTIVE(S) OF THE FINAL REPORT…………………………………3 1.3 The SCOPE OF THE FINAL REPORT…………………………………………
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Question 2: Lenovo seems to be "stuck in the middle"? What does it need to be a leader both in China and internationally? After acquiring IBM‚ Lenovo achieved great benefits and became a well-known private computer brand in the global market‚ expecially in China. However‚ this company had to face with "stuck in the middle" when integrating IBM Corporation’s PC division. The differences between two national cultures were the reason why that Lenovo failed in implementing strategies for Chinese market
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theory to analyze and study the inner and outer surroundings of Lenovo group. Company background Lenovo Group was established in 1984 in the Chinese Beijing‚ the company mainly produces desktop computer‚ notebook computer‚ server‚ printer‚ palmtop computer‚ motherboards‚ mobile phone and other electronic products. Is a leading global PC business‚ the original Lenovo and IBM’s personal computer division and combination. Lenovo reelected since 1997 China’s domestic market sales of the first‚
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NUS Cerebration 2011 – Round II Submission Lenovo - For Those Who Do INDIAN INSTITUTE OF MANAGEMENT‚ INDORE PGP-II Term-5 AY-11-12 Date of Submission: 20th September 2011 Submitted by: Team: Three4All Jaipal Charan| p10jaipalc@iimidr.ac.in | +918085722442 Rahil Maniyar | p10rahilm@iimidr.ac.in | +917879278890 Sandeep Kumar | p10sandeepk@iimidr.ac.in | +919752830949 Contents Executive Summary 2 Situation analysis 4 Industry 5 Competitor Analysis 5 Market Developments
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SWOT Lenovo As Lenovo is for a very large part a PC manufacturer (PC’s is the only segment)‚ this SWOT analysis covers the whole company. Lenovo’s objective is to protect its current strong position in their home base China and keep their large customer installed base. From a growth perspective the targets are emerging markets and expansion of the retail consumer business as well as differentiation to new products. In order to reach its objective in their home market‚ Lenovo should leverage their
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* There might be a complex and inefficient cost composition as there was a 84.5% drop in net profit. * It has to implement the brand transition from IBM to Lenovo‚ so it needs to maintain strong and consistent marketing messages for its PCs. Opportunities: * Many small and medium enterprises would like to choose Lenovo due to its penetration into
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PEST ANALYSIS Political- Hong Kong is politically stable‚ there would rarely be any political factors that will interrupt and slow down the company’s growth. Hong Kong doesn’t have goods and services tax so this allows McDonalds to have lower expenses and they can maximize their profit. The international operations of Mcdonald’s are highly influenced by the individual state policies enforced by each government. Economic- The economic collapse has caused Hong Kong to enter the recession stage in
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Lenovo’s business strategy has witnessed a massive transformation over the past seven years. Surpassing rivals Dell and Acer‚ Lenovo became the world’s second largest pc vendor behind Hewlett Packard in its fiscal year of 2011. Recently‚ new target market segmentations have been established to endure this rapid trend of accomplishments. Lenovo’s current target markets include city customers‚ rural customers with strong brand awareness‚ customers with advanced concepts and a high level education.
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