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

Strategy at Comet - Essay Example

Cite this document
Summary
It comes second after Dixon. After its founding in 1933, Comet has continually changed its ownership. Most recently, a private investment partnership, OpCapita LLP took over the possession of…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.4% of users find it useful

Extract of sample "Strategy at Comet"

Download file to see previous pages

The main strength of Comet is that it had developed the shopping experience of its customers, both in its online presence and retail store presence by use of modern computer technology (“Comet”). However, its main weakness is that it does not fully consider its customers, with whom it seems detached. Most of its strategies were not customer-centered, besides selling their products expensively. This paper therefore addresses the SWOT analysis of this company, in order to determine what could have led the company to collapse, and what can be done to revive the situation.

Comet Group Limited Company is owned by OpCapita, but is currently in administration by Deloitte. This specialized electrical retailer has its headquarters in Hertfordshire, United Kingdom, which is its primary location. It has a total of 8 000 employees and 240 electrical stores in the UK. Being part of OpCapita LLP, Comet does not release its financials. Comet claims to have prioritized its customers’ needs such as price, choice, and services (“Comet”). Comet Company is highly diversified as it distributes a wide range of electrical products to its market.

These include home appliances as well as electrical office equipment, among others. Home appliances sold include fridges, laundry, dishwashers, freezers, cooking products, and small kitchen appliances. In addition, it also distributes electronics such as televisions, digital versatile discs, computers, cameras, satellite navigation, camcorders, games and consoles, iPod, MP3, HiFi systems, blu ray, and a wide range of phones. Other special services offered by Comet are next day delivery, and home delivery services.

Its representatives also perform full installation of products for customers, take back, and recycling facilities for large products, as well as after sale services (Moth 2011). Comet boasts of both the direct and online presence. Customers can shop directly at their stores or shop online through the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Strategy at Comet Essay Example | Topics and Well Written Essays - 3000 words - 1, n.d.)
Strategy at Comet Essay Example | Topics and Well Written Essays - 3000 words - 1. Retrieved from https://studentshare.org/management/1788609-strategy-at-comet
(Strategy at Comet Essay Example | Topics and Well Written Essays - 3000 Words - 1)
Strategy at Comet Essay Example | Topics and Well Written Essays - 3000 Words - 1. https://studentshare.org/management/1788609-strategy-at-comet.
“Strategy at Comet Essay Example | Topics and Well Written Essays - 3000 Words - 1”. https://studentshare.org/management/1788609-strategy-at-comet.
  • Cited: 0 times

CHECK THESE SAMPLES OF Strategy at Comet

What Is Strategy in the Business Environment

The paper “What Is strategy in the Business Environment?... rdquo; looks at strategy as a common basic issue in the business environment.... However, the strategy is such a powerful concept because many businesses survive and move to greatness today because of their successful implementation of it.... hellip; The author states that many people or firms try to employ strategy because they believe that that will help them up to the ladder of success in their chosen industry and business, and the prevailing environmental conditions that might have been influenced by the other key players....
10 Pages (2500 words) Assignment

Total Marketing Strategy: You Won't Come Back by Chance

Hypermarkets are situated in suburban areas similar to where Elf stores are primarily TOTAL MARKETING strategy: YOU WONT COME BACK BY CHANCE motivation and decision making for convenience products offered in Total Group are much based a high utilitarian value.... ReferencesCase Study: Total Marketing strategy: You Wont Come Back by Chance...
1 Pages (250 words) Case Study

Strategy Memorandum

One of the suppliers in China has some production issues and unable to supply the strategy Issue C: “The British toy maker Hornby ………strategy to reverse its fortunes.... In the given circumstances, the company needs to take into account the adverse economic environment and formulate a successful corporate strategy to cope with the business complexities (Johnson et al 2011).... Haberberg and Rieple (2008) demonstrate that a well-planned corporate strategy provides means to renew competitive advantage in line with the changing environment....
2 Pages (500 words) Essay

Role of Stakeholders in Strategic Planning Process

How leading companies are stretching their strategy.... strategy & Leadership 36(4)Ghobadian, A.... For a strategic planning process to come about for IUCN, it is fundamental to understand what the long term objectives of this… The explanation that can be provided to the stakeholders in the wake of initiating and agreeing on this strategic planning process comprise of the measures which shall enact ways and means through which ID Lecturer Role of Stakeholders in Strategic Planning Process A non-profit organization chosen for this paper is the environmental agency by the name of International Union for Conservation of Nature (IUCN)....
2 Pages (500 words) Essay

Strategic Covert Action

First, covert action allows for the gathering of secret intelligence.... This secret intelligence is more reliable and accurate a source of information, compared to information that… This is especially applicable to the crafting of foreign policy.... Seldom do host or target countries classify some their information and this blurs decision making, and thereby making covert action expedient....
2 Pages (500 words) Essay

Emergent strategic management

Many organizations use the conventional strategy while others use the emergent strategy in running their… The two types of strategies have their own advantages and disadvantages depending on the situations in which they are implemented.... The paper will also give examples of An emergent strategy is a model of management that is used over time when an organization does not have specific objectives and goals.... It is also known as realized strategy because it is implemented when it is needed in an organization....
9 Pages (2250 words) Essay

Advertising Strategy

The most effective advertising tactic is making an adoption of a single strategy that is clear and corresponding to the needs of the people around the hotel.... When targeting a specific group or demography, it is a way that is effective in increasing the customer base.... In market research, the target demography enjoys a particular television… It is significant that the owners of the hotel design commercials that relay a message to potential clients. Ocho Rios can come up with tactics of advertising that will increase the customer base....
2 Pages (500 words) Assignment

Analysis of Strategy as Revolution Article by Hamel

his was certainly shown to be true by Burlingham (2003) who reported on the strategy at the best small company in America (Zingerman's Community of Businesses) and discussed how employee empowerment, the democratization of the strategy-making process and allowing individuals to work on projects close to their heart can lead a company towards success.... The "Analysis of strategy as Revolution Article by Hamel" paper analyzes the article which contains the ten principles outlined by Hamel touch quite a few different topics and theoretical issues that deal with the ideas of strategy and making the right plans for businesses....
7 Pages (1750 words) Coursework
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