* 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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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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LENOVO CASE ANALYSIS Facts Surrounding the Case Competing at a global scale requires profound brand equity. Lenovo is a well-known brand in China (as Legend) but it cannot become a global technology giant like Dell or Hewlett-Packard‚ by merely acquiring the Personal Systems Division of IBM‚ whose products are popular across the world. Normally‚ the key challenge in establishing global brands lies in devising the manner in which a company can position its brands in customers’ mindsets‚ while
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Market Research Methods Lenovo Advertisement Analysis The Lenovo bought the IBM PC group in 2004‚ (Musil‚ 2004) then‚ they use and develop the IBM PC technology and improve their own computer quality. We can find out that the Lenovo advertisements are focus on showing the audiences the quality of the laptop. IBM is famous of its quality of product and their services. Lenovo want through the advertisement to give a message to its audiences that they can do as well as IBM did and they can be trusted
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1. Do you think Lenovo should continue to use the IBM and ThinkPad brands or focus more on establishing its own brand identity? The Lenovo name came about in 2005 when two popular PC companies‚ Legend Holdings and IBM‚ merged. Legend Holdings was the largest PC company in China‚ while IBM was well known in the United States). Once reason that IMB was popular was for their popular professional computer named the ThinkPad. The ThinkPad was known for many reasons‚ but one of the reasons
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BUSINESS DESCRIPTION Lenovo develops‚ manufactures and markets technology products and services. It is one of the leading providers of PCs.The group provides notebooks‚ desktops‚ workstations‚ servers‚ computer accessories and upgrades‚ mobile phones‚ computer software and services. It serves both enterprise and consumer markets. Lenovo has operations across Americas‚ Europe and Asia Pacific. Lenovo has organized its business operations under three geographic segments: China‚ mature markets
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Political factors include government regulations and legal issues determining the conditions under which companies have to operate. In this field‚ the computer industry has to face certain restraints. Problems can arise in countries where political stability is not guaranteed‚ no matter whether companies operate production facilities or if they do business with the country through exports. Many countries still have restrictive policies which are maintained to protect domestic manufacturers and production
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Global strategy for lenovo Content Ø Abstract Ø Introduction Ø Learning skills and globalization Step one: research learning. Step two: microcosmic learning Step three: trail learning Step four: deepen and development learning
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IMPORTANCE OF STAFFING “Staffing is the process‚ through which competent employees are selected‚ properly trained‚ effectively developed‚ suitably rewarded and their efforts harmoniously integrated towards achieving the objectives of the business.” Staffing has been an important aspect in an organization’s performance. They are: 1.Enhances other managerial functions: - It influences the direction and control in the organization. - The effectiveness of the other managerial functions depends on
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The strategic staffing process is guided by a set of staffing goals (process and outcome goals) that are logically linked with the company’s business strategy‚ culture and values. CHERN has managed to create a competitive advantage by providing quality products and the best customer service in the industry. Superior quality customer service is the company’s business strategy and this is linked to a very aggressive growth strategy for the next 5 years. The table below helps to understand the implications
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