Monday, October 7, 2019
Comparison of Analysis Research Paper Example | Topics and Well Written Essays - 500 words
Comparison of Analysis - Research Paper Example The above tools are better as compared to other tools since they cover broad perspectives. For instance, if compared to porters five forces model, it only deals with threat of new competition from new market entrants, threat of substitute products or services, bargaining power of customers, bargaining power of suppliers, and intensity of competitive rivalry therefore living other important factors that influence the market. John Ferrer and Deborah Furniture Company have established itself as a market leader in providing quality furniture for its customer. The company has also established itself in Boston as well as the other different places in which it sells its furniture. The company has been able to grow from 5 distribution and manufacturing plants to over 10 manufacturing plants centers throughout the country. John and Deborahââ¬â¢s corporation is known throughout the industry for it has also exceptional customer service and superior quality. The company has also established itself well by providing contemporary designs that are attractive to the customers (Sarah & Chris, 2011). The company has various weaknesses that have drugged it behind in its efforts towards a quick growth. Such weaknesses include a lack of expertise in its workforce that could not immediately capture market attention. Moreover, the company failed in the level of technology that it used to process its furniture in its plants and equipmentââ¬â¢s. The low level of technology caused the company to process low quality products that did not immediately capture the markets attention. Moreover, the company was faced the challenge of limited resources in its endeavors to process the furniture products. Such challenge is the unavailability of raw materials (Minton, 2010). The company has various opportunities opened to it that will oversee its growth. The opportunities open to
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.