Global Strategy Essay

469 words - 2 pages

Pattraporn Jaowatana
Global strategy class3
January 19, 2015

Five Forces Model of Industry Environment
1. Threat of new entrants
2. Threat of substitute.
* Availability of a product that the consumer can purchase instead of the industry’s product.
* Substitute products are goods or services from outside a given industry that perform similar products and services.
3. Bargaining power of customers (buyers)
4. Bargaining power of suppliers
5. Intensity of competitive rivalry.
What lesson do you learn from this video in light of strategic management? (Context of substitute)
* Focus too much on yourself that you may miss out opportunities.
* Company is priorities their products than the competitor.
* Gorillized (different category that ...view middle of the document...

If changing to the digital camera, it will contradict their core products.
* It will change the mode of the company that they are well known since the beginning of the establishment of company.
* They saw the technology is coming but they chose not to see it. They chose this conscious choice because it will change the whole image of Kodak. They are fear and scare for the change!
* They knew a lot of the film, they are expert. In the other hand, they know nothing about the digital camera.
Competitor Analysis
* Future objective, current strategy, assumptions, capabilities, these 4 lead to response.
Even competitor can copy your product.
Assuming Sony is your competitor, try to analyze future objective, current strategy, assumptions, capabilities and response.
Future objective
* Quicker decision making and execution
* Video network
* Faster launching
Current Strategies
* Cut cost
* Joint venture (Sharp, Ericsson, and Samsung)
* Lack of the innovation: 2 owners that need time for all the process.
* Diversify the products but more focus on the television.
* Focus more on investing more on design than the software.
* No strong band image and there is no connection among the products.
* No connection in customer mind
* No concrete direction, try to do everything, it make confusion and complexity
* Hardware
* Operating System

* Solid communication with customers.
* Joint venture with Samsung and sharp. Sometimes competitor can join together for the better profit.
* Cut cost as much as possible, but still aim in innovate and quality.
Joint venture with Ericson and ensure that launch the products faster than before to compete with Samsung and Apple.
* Have the great and robust operating system that is one of the unique key!

Other Papers Like Global Strategy

Bs 2013 Unit Description Essay

862 words - 4 pages CAPITAL UNIVERSITY OF ECONOMICS AND BUSINESS BTEC-HND Centre Unit 7 Edexcel Level5 BUSINESS STRATEGY Unit Introduction 24 February 2013 Unit 7: Business Strategy BTEC Higher National — H2 Description of unit The aim of this unit is to develop your abilities to evaluate and select strategies appropriate to business organizations. This will involve an analysis of the impacts of the external operating

Hi Everyone Essay

292 words - 2 pages the most advantages: • Exploit experience curve effects • Exploit location economies • Customize product offering and marketing in according with local responsiveness. • Reap benefits of global learning. 3.Choose a foreign-invested company operating in HCMC to analyze its strategy NOKIA ✓ Brand: Nokia ✓ Slogan: “Connecting People” ✓ Color: Blue ✓ (Blue is peaceful and

Case 4.4

555 words - 3 pages 1.       What were the problems facing Luis Morales as he began implementing Ben Fisher’s international expansion strategy?   One of the problems that presented to Luis when implementing the global expansion strategy was the fact that the control fire industry was a very large, fast growing and increasingly specialized field requiring big investments in R&D to keep pace, therefore innovation and price competition caused Kent to focus on

Computer Science

1710 words - 7 pages infrastructures brands architectures opinions about business proficiency (Evens, P. & Wurster, T. 1997). 2 3 Summary of Intel's Technology Strategy: The strategy of Intel’s is to supply semiconductor chips and platforms to the digital society. As part of Intel’s general strategy to contest in each important market segment, in the manufacture and design of integrated circuits it uses core competencies, as well as global presence, financial

A Summary Of “Strategic Alignment: Analysis Of Perspectives”

1187 words - 5 pages usable to corporate executives looking to achieve alignment of their business and technology strategies. This model is presented as a combination between four quadrants, which one constituted by three components and it’s divided into two distinct areas: business and information technology (IT). Each area has two quadrants that define that part of the business. Focusing on the business area, the two quadrants are business strategy and

Price Waterhouse

257 words - 2 pages Global 500.[30] PricewaterhouseCoopers is organised into the following three main service lines:[31] • Assurance Services • Tax Advisory, (international tax planning and compliance with local tax laws, customs, human resource consulting, legal services and transfer pricing) • Advisory – mainly consulting activities which covers Strategy, Performance Improvement, Transactions Services, Business Recovery Services, Corporate Finance, Business

Domestic And Global Marketing

1907 words - 8 pages global marketing as a strategy used by multinational firms (occasionally local) to sell and promote products or services internationally through harmonizing policies and market mix so that each adapts to the local market of origin (CNET Networks, 2000). American Marketing Association online defines global marketing as a “marketing strategy that consciously addresses global customers, markets, and competition in formulating a business strategy

Starbucks: Going Global Fast

1225 words - 5 pages Starbucks presence and plenty of countries who are very interested in hip western brands. * Starbuck’s marketing expenditure doesn’t match their global presence. They’ve done an amazing job of establishing themselves with an incredibly limited budget of 1% of revenues, but they’re hampering their ability to build up their brand image outside of the USA by not advertising more. * Their overall marketing strategy seems very myopic in


307 words - 2 pages 1. Where should the plant be located and what degree of flexibilities should be build into each? What capacity should each plant have? Answer: Toyota applies its global complementation strategy to its part plant. Each plant should be designed with capacity to supply its regional factories. Toyota has around 45 plants globally to cater the demand of customers. Their plants have flexibility to manufacture their various models from the same plant

Ism Strategy

2419 words - 10 pages Group A: Project 1 Lath Nathalie Akadje Christopher S. Allumbaugh Antion Anderson Joseph Carl Battistelli Niesha Joyce Bedney UMUC AMBA 610 Professor Paula O’Callaghan November 6, 2012 Corporate Level Strategy Organizations utilize corporate-level strategy to find a new domain to succeed in, while still maximizing the utilization of its core competencies. Moonglow Acre’s core competency has always been social responsibility and

Swot Analysis For Walmart

384 words - 2 pages , to local and mall-based sites.  • Opportunities exist for Wal-Mart to continue with its current strategy of large, super centres.  Threats  • Being number one means that you are the target of competition, locally and globally.  • Being a global retailer means that you are exposed to political problems in the countries that you operate in.  • The cost of producing many consumer products tends to have fallen because of lower manufacturing costs. Manufacturing cost have fallen due to outsourcing to low-cost regions of the World. This has lead to price competition, resulting in price deflation in some ranges. Intense price competition is a threat.

Related Essays

Key Elements In Mcdonald's Gms Essay

301 words - 2 pages 1. Identify the key elements in McDonald's global marketing strategy (GMS). In particular, how does McDonald's approach the issue of standardization? Does McDonald’s think global and act local? Does it also think local and act global? McDonald’s global marketing strategy is based on combination of global and local marketing mix elements. For the first elements in McDonald’s global marketing strategy (GMS) is a vital elements in McDonald’s

Lenovo Case Study

481 words - 2 pages global market share leader in each of the market we serve. In 2005, Lenovo purchased the personal computer business and the brand “ThinkPad” famous computer IBM in the IT industry all over the world. This landmark transaction is taken as its most important stage of the international strategy in the computer industry. Also in 2011, Lenovo merged with NEC. This marks the trinity Lenovo's internationalization strategy has risen to a new stage, which

Oct 14th Document Essay

465 words - 2 pages future? 4. Would you describe Tata Motors international strategy as a global, transnational, or multidomestic strategy? Explain your answer. 5. What are the driving forces in the global motor vehicle industry? 6. How strong are the competitive forces confronting automobile manufacturers? Do a five-forces analysis to support your answer. 7. What is the financial condition of Tata Motors as indicated from case Exhibits 3 and 4? What is its

Enablement Essay

299 words - 2 pages , global IT networks since 1977. This single key capability made it possible for the WB to enforce its first business strategy of decentralizing staff and decision making to local offices in order to assist clients faster and more effectively. This transformation opened the door for the WB to allow IT-enabled global network to push forward the second business strategy, creation of knowledge bank, to achieve the second part of their mission. The WB moved from a traditional hierarchical organization with regional groups based on geographical locations to a matrix networks and regions