various concepts applied by LEGO as a part of the IMC programme 8 (a) POSITIONING STRATEGY AND POSTIOING TACTICS 8 (b) BRAND NARRATIVES 9 (c) BRAND ENCOUNTERS 10 (d) BRAND COVERSATIONS 12 QUESTION 3. Critical evaluation of LEGO’s post 2004 IMC programme 13 CONCLUSION 16 REFERENCES…………………………………………………..............………..17 INTRODUCTION The LEGO company corporate brand was created in 1932 and for decades it has acted as a strong umbrella brand guiding LEGO through vase international
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in an industry following the same strategy along the same strategic dimensions” (Porter‚ 1980) * “a set of firms competing within an industry on the basis of similar scope and resource commitments” (Cool & Schendel‚ 1968) Competitive strategy = a choice of which strategic group to compete in = the choice of the easiest group to ‘get into’ Strategic groups are organisations within an industry with similar strategic characteristics‚ following similar strategies or competition on a similar bases
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Problem Statement: As a manager of The Lego Group I think the main problem that Lego faces is maintaining its competitive advantage and growth in the complex toy industry. Lego must identify a clear expansion plan to respond to the external (business) threats such as intense competition and new product innovations‚ changes in the toy industry with mergers and acquisitions and legal battles as well as maintain efficient internal operations in terms of supply chain and logistics in order to keep up
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Executive Summary Since LEGO Group’s (LEGO) inception in 1932‚ the world-famous toy maker overcame numerous challenging obstacles to become the leader in the building toy segment. By 2010‚ LEGO had witnessed all-time high annual sales of over US$3.7 billion to become the fourth-largest toy manufacturer in the world. Upon analysis of LEGO’s strengths through Resource-Based View‚ LEGO holds few key competitive advantages attributed to their success: strong brand name and innovative culture. These traits
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Google+ Share on Twitter Smiling child with red brickThe LEGO Group has focused on quality in all its activities since its foundation in 1932. For the LEGO Group‚ quality encompasses both product quality and ethical values‚ and this attitude is deeply anchored in our fundamental beliefs – and our vision and mission. The LEGO Group strives to exceed our customers’ expectations of our products and service‚ and general experience with the LEGO brand. Our quality procedures are set forth in our global
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CSR & Sustainability Case Study The LEGO Group CSR & Sustainability Case Study The LEGO Group Introduction The LEGO Group is a privately held company based in Billund‚ Denmark. It was founded in 1932 by Ole Kirk Kristiansen‚ initially a small carpenter’s workshop (Lego Group‚ 2011). It has since grown into a modern‚ global enterprise that is now‚ in terms of sales‚ the world’s fourth-largest manufacturer of toys (Keynote‚ 2010). The LEGO Groups core product is a line of plastic
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and external factors that are favourable and unfavourable to achieving that objective. The technique is credited to Albert Humphrey‚ who led a research project at Stanford University in the 1960s and 1970s using data from Fortune 500 companies.[1] Lego Education Strenght: 1. many different kind of sets are available on the market 2. ”Fun”education /playeful learning/ 3. Exciting content 4. Many activities 5. Sorted activity programs by ages 6. Helpful website
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(Eds.)‚ (pp. 567-606). Thousand Oaks‚ Sage. Lego Educational Division. (2003). Simple and powered mechanisms; Teacher’s guide. UK. Levien‚ K Malcolm‚ C. (2002). Science and technology education in the smart state: But what is smart? (Science works for the smart state). Brisbane‚ Qld: Education Queensland. Mauch‚ E. (2001). Using technological innovation to improve the problem-solving skills of middle school students: Educators ’ experiences with the LEGO mindstorms robotic invention system. Clearing
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Introduction In this report I will focus on toy manufacturing company called LEGO and its goals of expending their business in China. The project will contain of 10 pages which will include internal and external analyses of the company and chosen country environment or market. In this project I will try to analyze Chinese market for toys with the purpose of reaching a better foundation for decision regarding their strategic situation. I will use information from books‚ internet and my decisions
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