StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Competitive Strategy in Multi-Featured Cameras - Essay Example

Cite this document
Summary
The paper "Competitive Strategy in Multi-Featured Cameras" explores D Crystal Company that produces digital cameras and sells them to local and international markets. The report gives a detailed analysis of the decisions made by the manager and the co-managers at D Crystal Company…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.2% of users find it useful
Competitive Strategy in Multi-Featured Cameras
Read Text Preview

Extract of sample "Competitive Strategy in Multi-Featured Cameras"

?Glo-Bus Annual Report s of the Industry: of the Company: D Crystal Clear of co-managers: submitted: instructor Date submitted: Abstract. D Crystal Company produces digital cameras and sells them local and international markets. The report gives a detailed analysis on the decisions made by the manger and the co-managers at D Crystal Company. This is a detailed report on the company performance on this financial year. From the performance a forecast report has been documented showing the predicted projections of the company and the reasons for the projections given. The performance target forecasting gives the performances of EPS, ROE, credit rating, image rating AND year end stock price that the management of D Crystal Company has set for the next two years. The report also provides the support for the forecast that the management has set. There is detailed analysis for the company’s competitive strategy in entry-level cameras. The report gives account of how the strategy has evolved for the last two years that the current management team has been in place. The report documents on how the different geographical regions influenced the company’s strategy. There is an explanation of how the geographical regions made the company consider different strategies for these regions. The report documents on the results of using these strategies in the regions that were analyzed. The report gives a detailed analysis on the company’s competitive strategy in the multi-featured cameras. There is a vivid explanation of how the strategy has evolved all over the years. The report gives a detailed on the reasons why different strategies used in the different regions compared to the other regions. The report concludes with the vision of the management were they want the company to be in the coming days. The report gives a detailed analysis on the challenges faced by the management. There is a detailed analysis on the management plans to overcome these challenges and projected future challenges. 4. The Performance Target Forecasting of D Crystal Company. 1. The performance target for EPS in the next two years. The management team at D Crystal Company has put forth the projected performance for earnings per share scores. These is equal to the dividing the profit with the number of shares of the common stocks outstanding at the end of the year (Inc). this is presented by an EPS graph below for the The individual company EPS value appears under column of each year. The numbers in the numbers in the parenthesis below the yearly column represents the management team targets for EPS that year and the investors expect the same. The companies represented by bold numbers meet the investors expected EPS targets. The final column at the EPS is normally representing the sum of all profits the whole year computed and divided by the sum of common stock for all the year computed. This column gives the summary of the companies EPS for the years presented for a given data. The EPS graph gives the companies count for the stock sales and purchase of common stocks that the company may have made over time. The graph helps in determining the game to date score of the investor expectations and best in industry standards. The analysis. For the last two years, the EPS of the company has been reducing to a level that is below the investors’ expectations. Due to the low market in the Asian, Europe, Latin America and North America region is low. The target that we would set for the next two years will also be low as we have to review our strategies for these regions since the sales are very low. The incentives to use to raise the are more vibrant advertisements. ROE analysis. The return on equity scores is determined by dividing the the net profit by the average of the beginning of the year shareholder equity and end of the year shareholders equity. During the past two years, the company did not meet the investor expectation for the ROE targets. The ROE targets for the last two years are negative. This implies that the companies I.E score is zero hence roe score is zero. The current year I.E. score for ROE is zero since the company did not meet the investors expectation of an ROE of 15%. The Game-to-Date I.E Score for ROE score is the measure of how a company’s ROE compares with other industry standards of ROE of 15%. The score is zero for the past two year. The current year best-in-industry (B-I-I) score for ROE of the company, the company cannot earn perfect score since its ROE is below 15%. The companies score is zero. In preparing the strategies for the coming two years, the management team has the task of raising the ROC zero to a positive value. Hence, in their strategies the team plans to increase its sales and profit. Credit Rating Analysis. This analysis is based on the investor standards and the best in industry standards. All companies maintain a B+ each and every year. The Current Year I.E. Score for Credit Rating is an A- scoring 22 points. Form the last two years the companies score in credit rating analysis has been to the investors’ expectations. The strategies that the management team makes for the next two years would entail maintaining the score and improving to 24 points score. Image Rating Analysis. This rating is based on the P/Q level rating for the cameras, market share for both level and mult-featured cameras and the ability to demonstrate good citizenship and conduct business in all the four geographical regions. For the last two years the companies, rating has been below the investor expectations. This will prompt the management team to include in their strategies the ways of improving this rating exceed the expectations of the investors. 5. Company’s competitive strategy in entry-level camera The graph of the prices of entry level cameras. From the graph the entry level cameras have been doing well and there have been improvement in the prices of entry-level cameras. This is due to increase in demand in the four regions where the cameras are sold. The management in setting their strategy for the next four years they would increase production of these cameras to cope with the market demands. From the graph the demand is increasing implying that four the next two years the the demand would even be higher. Hence, the company should capitalize on this to make more profits. The reason for the success is due to the different strategies that the company uses in different geographical regions. In Latin America and the Asian markets, the company used the strategy of more promotions for the cameras to sell them. This was if you buy two cameras you are given one free. This helped popularize the cameras and more people bought them. In Europe and the North America, the company used African safari expedition advertisements, which attracted many safari lovers to buy the camera. In the next two years, we are going to introduce promotion of a tour to other continents in Europe and North America. This will help sell the camera more. In the Asian continent and Latin America, we are going to introduce more advertisements alongside the promotions to popularize the cameras. 6. The Company’s competitive strategy in multi-featured cameras. The pricing levels in featured multi-cameras. From the graph, the pricing of the multi-cameras has been constant for two years. the strategies used in Europe and North America was to advertise for the camera was not so extensive compared to the rest of the continents. The management team in the next two years is going to improve the advertisements and even introduce billboard advertisements in Europe and North America. In the rest of the continents, we are going to sponsor a football team to market the camera. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Glo-bus report Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Glo-bus report Essay Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/management/1463650-glo-bus-report
(Glo-Bus Report Essay Example | Topics and Well Written Essays - 1250 Words)
Glo-Bus Report Essay Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/management/1463650-glo-bus-report.
“Glo-Bus Report Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/management/1463650-glo-bus-report.
  • Cited: 1 times

CHECK THESE SAMPLES OF Competitive Strategy in Multi-Featured Cameras

Operations of a Digital Camera Company

Further, the company should also seek to strategically place itself in a better competitive quarter to the production and assembly costs, quality of the cameras, and the overall satisfaction of the ever-changing customer needs.... he assessment templates show that if the company continues with the current strategic policies without amendments, the overall cumulative unit volume of cameras that it will assemble in the tenth year will be significantly below the desired quantity....
4 Pages (1000 words) Assignment

Glo-Bus Company Analysis

Its major goal was to use the best cost provider strategy in providing good to excellent product qualities but at a cheaper cost.... The major challenge for this company in trying to craft and execute a competitive strategy which will result into a respected brand image, keeping their company in contention for global market leadership, and producing financial performance.... This conference led to the birth of the company's vision statement and I quote, “Distinguished imaging strives to be the global market leader in reliable technological and advanced digital cameras....
5 Pages (1250 words) Research Paper

Strategic Vision of Alpha DigiCam Team

hellip; The Alpha DigiCam team finished the simulation and came second after Creative cameras team.... As such, the managers embarked on improving the quality and attributes of products for both the multi-featured and entry-level models of cameras every year.... The simulation reveals that we achieved competitive advantage in North America over the eight years, specifically with regard to the entry-level cameras distributed through local camera shops, online retailers and multi-store chains and additionally due to multi-featured warranty period, budgeting for advertising and multi-featured P/Q rating....
6 Pages (1500 words) Coursework

Developing Winning Competitive Strategies

At the moment, our company has a sale of 800,000 and 200,000 entry-level cameras and multi-featured cameras annually respectively.... The writer of the paper "Developing Winning Competitive Strategies" discusses the strengths and weaknesses of a company selling digital cameras.... ur main marketing strategy was our image rating as we believed that this would eventually as it expressed the quality of our product since it attracted more customers to purchase our products....
4 Pages (1000 words) Essay

Best Cost Provider

On the other hand, the quality and performance are the major factors considered by the users of multi-featured cameras (Strickland & Thompson, 2001).... Market research reveals that the quality is the power source for the multi-featured cameras.... Consequently, the best marketing strategy is achieved by increasing the quality for the multi-featured camera and lowering the prices for the entry level cameras (Strickland & Thompson, 2001).... This means that the producer must consider the quality as far as the multi-featured camera is concerned....
1 Pages (250 words) Essay

Overview of the Photography Industry, Challenges Facing the Company

An analysis of the developing two different strategic directions that separated the sales of entry-level and multi-featured cameras shows that it helped the growth of the company but,… This is specifically with the knowledge that competition in the camera (or photography) industry exists from other established players.... The entry-level strategy may have been intended to increase market share by outcompeting rivals and On the other hand, the multi-featured cameras were given a strategy focused on differentiation, with an emphasis on providing high-priced but unique products....
14 Pages (3500 words) Essay

The Sony Camera Brand And Customer Satisfaction

espite the fact that Sony has built its name in the entire electronics industry, their camera house is a home to a range of cameras.... Moreover, the report gives a clear view of how the Sony products make an impact in the market, the strategy that can make Sony more lucrative, the brand loyalty of the camera and the importance of customer satisfaction.... here are several objectives in this report that span from defining Sony camera brand, making a strategy for Sony camera, research the brand loyalty, analysis and evaluation of Sony camera brand equity and importance of customer satisfaction....
13 Pages (3250 words) Coursework

Issues Related to Company Strategy

The company focused on manufacturing cameras that contains many features but the problem associated with it is that the buyers are more price sensitive in buying multi featured device as compared to the single feature camera.... he concerned company encounters various marketing and financial problems related to designing strategy for the company.... Therefore the cost strategy is required to be adopted on the basis of the price charged by its competitors....
8 Pages (2000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us