You talk with Mike and Tiffany at lunch. “You’ve done some great research
Within the Discussion Board area, write minimum of 800 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
You talk with Mike and Tiffany at lunch. “You’ve done some great research and brought up some good ideas to implement in the presentation,” you say. “There is one element that we are missing.”
“One of the most important aspects of the strategy: our competitors,” Tiffany states.
“I’ve already done some analysis, and there are many in the global market. It seems like there are several office furniture companies thriving, but not as many custom furniture manufacturers,” Mike elaborates.
Considering chine is your market for example.
“Well, we need to provide the board with some solid competitors. I’ll work on finding our top two,” you say. Complete the following:
- Who are your top 2 global competitors in the market?
- Provide a strengths, weaknesses, opportunities, and threats (SWOT) analysis for each competitor.
- Why are they direct competitors?
- What is their competitive advantage?
- Could you form a cooperative strategy with any of the competitors?
- If so, how?
- If not, why?
- What strategies could you use to build a competitive market profile?
- What is balanced scorecard?
Note -VERY VERY VERY strictly no plagiarism if i have got above 10% then i m going to cancel the question very strictly
Please do good online research and answer the above questions very clearly till the end please be on topic
Example -question
answer
question
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Answers must be in above pattern
……………….Answer Preview……………
While the furniture industry in China has had many years to evolve and develop, several players stand out. Some of our greatest rivals include:
- Foshan Kingblood Sofa Co., Ltd
The company was established in 2014 and since then it has enjoyed recognition in sales around the globe. It is located at Guangdong, China (Mainland) and has markets in South America, North America, and Europe among…
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