Thursday, June 13, 2019
Strategic Analysis (Individual) Essay Example | Topics and Well Written Essays - 2500 words
Strategic Analysis (Individual) - Essay Examplen, it is important that the firm must be fitting to look into the commercial aspects of the technology and focus on what market requires and what it can deliver. Firms core competencies were based upon its ability to produce high graphic symbol technology however it clearly lacked the ability to transform its core competencies into the commercially viable products.It is important to understand that the organizations have made a transition towards focussing on the mass customization where firms focus on delivering highly customizable products through a mass market. The firm though has a large and diversified market to attend to however due to sheer size of the applications and potential market niches it may not be possible for the firm to focus on developing commercially feasible products and services.This paper will discuss the internal and external analysis of Soundfacts firm and will provide strategic analysis and alternatives for the management to reposition the phoner and become commercially more successfully and viable.Firm operates in Denmark which is one of the advance countries in the world with estimationable political system. There is little or no interference from the bureaucracy and the overall political structure of the firm favors the free markets and private enterprises. The transfer of private property laws are in favor of the organization and as such firms can easily move their assets in and out of the country with low level of political interference.Apart from this, the overall evaluate environment is relatively favorable for the firms with government acting as a welfare state. The higher ratio of taxes imposed on the individuals is off-set by the State world a welfare State. Further, Denmark is also part of European Union thus it enjoys the relative political support at the regional level. (Dimireva, 2009)Denmark is one of the highest ranked economies in the world with good per capita inc ome thus suggesting that the consumers have the required purchasing
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