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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Sample Business Plan Template Business plan Table of Contents Page Confidentiality Agreement ii 1) Executive Summary 1 2) Company Description 2 Promoters‚ shareholders and Board 2 Advisors 2 Products and services 2 Long Term Aim of Business 2 Objectives 2 S.W.O.T. Analysis 2 3) Market Analysis 3 Target market 3 Total market valuation
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PEST ANALYSIS Stationary Businesses do not operate in a vacuum. The stationary business world is dynamic and to achieve competitive edge we should need to understand the dynamics of stationary industry and business . Our Organizations face problems from external factors which can affect products‚ policies‚ people and profits. To understand and evaluate external factors‚ we undertake what is called a PESTEC Analysis. * Political factors that affect businesses include new legislation such as the
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technology industry in 2005? People from all over the world pay attention on the computer empire. Lenovo Group‚ which used to be Legend and the largest personal computer manufacturer in China‚ acquire IBM’s personal computer division in May 1‚ 2005. This deal business marked that the third largest PC enterprise was born. Lenovo Group will own the ThinkPad and ThinkCenter trademarks for the coming five years. Lenovo Group was set up in 1984‚ the founder Liu Chuanzhi leaded 10 technology people to acknowledge
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LENOVO Case Analysis Situation Analysis Chinese super brand Lenovo‚ formerly formed as Legend‚ has seen itself rise from being a mere imported parts distributor into its country’s largest computer manufacturer as well as being the world’s fourth. The company now has branches world-wide and has experienced successful growths since its establishment in 1984. Lenovo SWOT breakdown: Strengths: Lenovo has a mass and strong relationship with their domestic customer base. Being a homegrown company
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Stock Code: 992 IDEAS EVERYWHERE Lenovo Group Limited Annual Report 2007/08 TM NEW WORLD. NEW THINKING. TM CONTENTS ABOUT LENOVO Lenovo (HKSE: 992) (ADR: LNVGY) develops‚ manufactures and markets high-quality‚ secure and easy-to-use technology products and services worldwide and is dedicated to building the world’s best-engineered personal computers. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division‚ Lenovo’s heritage in both emerging and developed
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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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Lenovo is one of the world"s largest manufacturers formed as a result of the acquisition by the Lenovo Group of the IBM Personal Computing Division. Lenovo’s business level strategies is that to differentiate their product from competitor’s products. Lenovo ues the new technology‚ unceasingly develops the new product‚ causesown commodity throughout to be at colleague’s industry leadingposition . The value Chain Model Each activity On value chain Primary activities: Inbound Logistics;
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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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Lenovo Reboots Contents The Chinese PC maker has bounced back by focusing on emerging markets. Now‚ can it make some real money? Listen Select: CORPORATIONS The Chinese PC maker has bounced back by focusing on emerging markets. Now‚ can it make some real money? LENOVO GROUP CHAIRMAN YANG YUANQING WAS WORKING AT the company’s North Carolina offices and spending a good deal of his time studying English and taking executive courses when his longtime mentor‚ Lenovo founder Liu Chuanzhi‚ urged
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