Abstract This essay examines the state of the Hi-Fi sector utilizing the PESTEL and Porter’s Five Forces. This assessment illustrated that with factors depending heavily on technology there is a real opportunity in the Hi-Fi sector. Any researcher exploring this question will find value in this report. 1 Introduction This essay examines the Hi-Fi sector utilizing the PESTEL and Porters’ Five Forces models in order […]

A firm can opt for four directions to achieve growth and these four options are market penetration, market development, product development, and diversification. In this paper I would be focusing on the fourth option a firm can opt for growth i. e. diversification and the four different types of diversification identified by Ansoff that are mentioned below. 1. Horizontal diversification. 2. Vertical diversification. 3. Concentric […]

Pricing of a firm’ s product is a very important decision as it is the most essential factor that influences the demand of the products produced by the firm, thus impacting significantly on the profitability of the firm. When setting prices for the different products produced by a firm, it is very vital to set them at levels that are capable of recovering all the […]

Executive Summary This report is focused upon the corporate strategies adopted by McLaren Group over the years of its establishment. The McLaren Group was founded in 1963 and entered Formula One racing in 1966 achieving its first victory at the Belgium Grand prix in 1968. Today, after 181 Grand Prix victories, the group owns one of the world’s leading Formula One teams and has also […]

The best statistical method would be to interview long well formulated day to day working procedure at a specific and well selected location and in this case it would be the three selected events mentioned. Throughout the procedure, it should be noticed whether there are specific variables within the testable population or not. These variables would be extremely important while evaluating the basic data in […]

Wal-Mart Stores, Inc. Wal-Mart: Global Expansion Strategy ____________________________________________________________ _________ Table of Contents A. Introduction B. Wal-Mart Stores Inc. 1. The Adolescence of Wal-Mart 2. Channel of Distribution 3. The Financial Facts and Figures 4. Unique Expansion Strategy 5. Corporate and Management Culture C. The Competition in the United States D. Wal-Mart’s Global Strategy E. Expansion Target: France General Overview Retail Industry Overview Macro Environmental Analysis […]

While it is important to analyze the existing competition, it is also important to know the future threats in terms of potential new entrants to the industry. For example, if Honda launches its hybrid car in India and Pakistan, it has to take into consideration that MARUTI SUZUKI or TOYOTA might enter that segment fairly soon. Analyzing this threat may assist in supportive strategic planning […]

Experiences also accept the many companies feel that a functional organizational structure is not an efficient way to organize activities so that they resort to reengineering according to processes or Strategic business units (SBUs). With a strategic business unit that is a semi-autonomous unit within an organization, said unit is usually responsible for its own budgeting, new product decisions, hiring decisions, and price setting. As […]

A SUSTAINABLE DEVELOPMENT STRATEGY FOR THE MALTESE ISLANDS 2007-2016 Proposed by the National Commission for Sustainable Development 2 A SUSTAINABLE DEVELOPMENT STRATEGY FOR THE MALTESE ISLANDS 2007-2016 National Commission for Sustainable Development 20th December 2006 This proposed Sustainable Development Strategy for the Maltese Islands was adopted by the National Commission for Sustainable Development on 13 November 2006, in terms of Article 8 (7f) of the […]

Critically discuss the underlying motivations and associated competitive advantages that explain why MNEs enter into cooperative structures and strategies, using examples. In recent years there has been an upsurge in the number of MNEs entering cooperative structures and strategies. According to Jones cooperative structure is a means of a substitute or complementary to multinational strategies. It is a strategy in which firms work together to […]