Ben Nihart MGMT351-07 SWOT Analysis Best Buy SWOT Analysis Best Buy Vision Statement: To be at the intersection of technology and life. Strengths: * They have a physical location, which some people prefer over the online route. * They have a very knowledgeable tech staff, Geek Squad. * Have a diverse group of tech products from computers to cameras, to washers and dryers to cd’s and dvd’s. Weaknesses * Customer Service, in a poll conducted in 2010 1/3 of Best Buy customers left unsatisfied.
The operating system loads itself into memory and begins managing the resources available on the computer. It then provides those resources to other applications that the user wants to execute. * A task scheduler * A memory manager * A disk manager * A network manager * Other I/O services manager * Security manager The Linux kernel, created by Linus Torvalds, was made available to the world for free. Because it is free and runs on PC platforms, it gained a sizeable audience among hard-core developers very quickly. Linux has a dedicated following and appeals to several different kinds of people: * People who already know UNIX and want to run it on PC-type hardware * People who want to experiment with operating system principles * People who need or want a great deal of control over their operating system * People who have personal problems with Microsoft * In general, Linux is harder to manage than something like Windows, but offers more flexibility and configuration options.
2. Low barging power of Inventec and strong barging power of OEMs: The PC market is dominated by few big players such as IBM, Dell and HP. The volumes of purchase of these big players are high. Plus the number of ODMs on the market and the low cost of switching, OEMs have a strong barging power over Inventec. Question 2: What are the drivers of the average profitability of the Original Design and Manufacturing industry?
This means that they could adopt a computerised accounting system to deal with financial transactions and many staff can help them do this these transactions. Computerised Accounting system can benefit them because they can do all their calculations in the computer which helps them to do their work quickly. Rumble is a small business so they will have less staff. On the other hand If Rumble did not have many staffs this means they won’t need to adopt a computerised accounting system because it is too expensive and also manual accounting system could help them instead if they had less staff. In this case Manual accounting system is easier for them to handle with their calculations through sales day book, petty cashbook and cashbook.
Business/industry software – software that is designed for use by a specific industry such as medical practice management tools, educational tools, or tools designed for use by law profession for example CAD etc. General use software – software designed for a wide range of organizational users or home users for various purposes such as a word processor or a spread sheet. 3. Explain the difference between local and network application software. A local application is a program such as a word processor or a spread sheet that is stored on a local computer and runs only on that local computer.
Inputs have little impact on costs High competition among suppliers This plays favorably for Oracle. Power of buyers: The enterprise software industry has gone through intense consolidation resulting in few larger vendors. Oracle being one of them has positioned itself favorably when it comes to buying power of customers. Some major factors include - Buyers require special customization Limited buyer information availability Product is important to customer Large
MGMT 4020 June 24, 2013 Homework Assignment #2 Competition is very high in the North American wholesale club industry. Every wholesale club wants to sell top-quality products at prices less than others in order to attract draw customers. And they all want to display low prices on pallets or inexpensive shelving, therefore, they have very low costs for store decor and fixtures, have comparatively low labor costs, and spent minimally on advertising and customer service. Five Forces Analysis 1. Bargaining Power of Buyers is moderate.
Although, the products are categorized as premium-priced and high quality and economies of scale, due to the small size of the company, cannot be realized, production and distribution costs are relatively low. This results in gross profit margins of up to 69% in Greece, 50.35% in Spain, 49.24% in Puetro Rico, and an average gross profit margin of 37.6%. So far, this strategy has worked out well for the company. Genicon is operating in 32 international markets, from highly developed to emerging markets, all around the world. Neither different market environments, disparities of economical development, political and legal situations, dissimilar demand and buying behaviors, nor cultural distinctions in the respective countries tend to hinder the success.
Threat of New Entrants: (“The high quality labor intensive creative and technological excellence, was difficult to scale due to scarce talent in marketplace and conflicting client needs”, p.1, para 2). From the above statement, it would be fair to infer that in the digital marketing industry (particularly in case of HUGE), economies of scale is nonexistent. Hence, there is no cost advantage that comes with volume. There are however a few barriers to entry for new entrants because of the “network effects”. (“JetBlue put Huge on the map and increased its credibility as a partner for larger business issues”, p.6, para 3).
Case 3.2 Wipro and MBH: 1) I think it would be hard to say which company did a better job of their self-service implementation because each was done for different reasons. Wipro, without any further investigation into the company, can be viewed as highly intellectual with limitless resources to create complex software and systems. They wanted to decrease costs, but not the way that you might think. The downsizing of the HR department would be nice, but the programmers and developers time saved, not wasted, on HR functions or paperwork is much greater. At bill rates of probably $250 per hour and up, every hour they can give to billable work increases Wipro’s profits exponentially.