Saturday, February 22, 2020
Corporate strategy Essay Example | Topics and Well Written Essays - 2500 words - 1
Corporate strategy - Essay Example rterââ¬â¢s Five Forces, PESTLE Analysis, SWOT Analysis and Stakeholder Analysis to obtain an in-depth idea regarding the opportunities of the company to prosper in its industry (Johnson & et. al., 2011). Cookson Group PLC is one of the worldââ¬â¢s largest ââ¬Ëmaterials science groupââ¬â¢ which attempts to deliver advanced materials by facilitating innovative technologies to its customers all over the globe. Cookson operates through various branches located all over the world along with 15,500 employees covering more than 40 nations as its production zones and more than 100 countries as its marketing zones. Cookson can be observed to possess highly effective core competencies, which have certainly added to its efficient market position within the current market scenario (Cookson Group Plc, 2012; Wit & Meyer, 2010). Cookson offers its products in six categories; i.e., Joining technologies, surface Chemistries, steel flow control, foundry technologies, advanced factories and fused silica. Cookson is further recognized as one of the largest worldwide suppliers of materials used for PCBs assemblers and the packaging industry semi-conductors. This particular product line is also known as Alpha which is used basically to fasten electronic equipments such as semi-conductors and capacitors with bare boards in order to form essential electrical as well as physical connection among the boards and its devices (Cookson Group Plc, 2012). The product line of surface chemistries is one of the largest suppliers of ââ¬Ëelectro-plating chemicalsââ¬â¢ to the international electronics, jewelries and automotive industries. This division is known as ââ¬ËEthoneââ¬â¢. This division is also quite popular in terms of technical innovation, where ââ¬ËEthoneââ¬â¢ has a track record regarding the delivery of ââ¬Ëleading-edgeââ¬â¢, facility of advanced technology within fabrication of semi-conductor which is demonstrated as ââ¬ËVia-Form multi-generation copper damascene portfolioââ¬â¢ (Cookson Group Plc,
Wednesday, February 5, 2020
STARBUCKS IN CHINA Essay Example | Topics and Well Written Essays - 2000 words
STARBUCKS IN CHINA - Essay Example The retailer also used restructuring strategy to maximise its productivity and eradicate any internal management weakness. Employees are trained, new products are developed and stores are redesigned to entice a large pool of potential customers towards its coffee houses. However, it must be noted that the global coffee retailer tends to charge higher prices, since it does not compromise over quality and brand reputation. This paper will going to discuss the marketing strategy of Starbucks and importance of its three core business segments that are US Segment, International Segment and Global Consumer Products Segment. (Companyââ¬â¢s Annual Report, 2009) Indeed, Starbucks has so far maintained the highest number of retail coffee outlets, mostly on ownership basis, in United States which is a market of more than 300 million people. Since marketing does not aim to target every single human being and customer, therefore, the coffee retailer has established a quality criterion to meet the tastes and preferences of its US customers who are inclined to pay higher prices for better quality. It is worthwhile to mention that more than 70% sales generated in 2009 by Starbucks was from its US business segment. In addition, the company has also entered the business of Instant coffee or ready-made coffee that attracts fast food customers. The market for this coffee product in USA is estimated to be more than $700 million dollars. In 2003, Starbucks acquired its competitor namely ââ¬ËSeattleââ¬â¢s Best Coffeeââ¬â¢ which today has become an active brand as it is sold in more than 25,000 Starbucksââ¬â¢ outlets, supermarkets, retail stor es and fast food chains. The retailer also has ââ¬Å"Specialty operations within the US include licensed retail stores and other initiatives related to the Companyââ¬â¢s core businessâ⬠(Companyââ¬â¢s Annual Report, 2009) and Helliker 1,
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