ipl-logo

Helsung: Business Case Study

1250 Words5 Pages

The best description of the main role of a business is a) to combine inputs and transform them in a finished good or service. This is the correct option (a), to run a business they must provide a type of good or service. A good or service as a product can satisfy an individual’s demand of their needs or wants. The other three options are not correct as a business’ role is not to employ disadvantaged Australians. Businesses do not employ only Australians, this is too broad for any business. In saying that businesses do not need to employ any employees to run a business successfully, some businesses do not require employees therefore it is not a business’s main role to employ those disadvantaged Australians. A business can improve the quality …show more content…

If Helsung Electronics were in an establishing stage (option a), they would not be experiencing a slowdown in sales, instead Helsung would be having a slow start in sales. They could not have a decline in market shares as they would have just begun. A business will start will zero sales and no shares in the market. A decrease in sales and losing market shares is very uncommon for establishing businesses. A growth life cycle stage mentioned as b) would have Helsung experiencing an increase in sales and growth in their market shares. During growth sales should be rapidly increasing, a rise in shares can be seen throughout the growth stage of a business cycle. The third stage of a business cycle; maturity (option c). A plateau in sales should occur within a business in this stage. Customer and brand loyalty should assist the business with staying current and more enhanced than the competition. Post – maturity is a very fitting stage for Helsung. They may be experiencing a decline and decrease of shares and sales as they have hit maximum efficiency or production. New business competitors often can cause mature businesses to decline in many aspects as consumers view the new businesses as a change or something new. Commonly more recent businesses have the latest technology therefore producing better quality

Show More
Related
633 Words | 3 Pages

Daytun Inc. started in 1980 in the London market as a copy of Xerox. Daytun builds upon the currently structure of copier sales, while adding service maintenance contracts. By focusing on strategy and creating a different mindset in this industry Daytun was able to overtake the London marketplace and securing its customers for the next several decades. Daytun has taken its success in the London and worked plans to increase revenue and level of services to the copiers it’s distributing. Overall growth in this area is attractive in an environment to build copies and copies of there business model around Ontario.

Read More
744 Words | 3 Pages

Every business depends on its employees and workers, without them there would be no mass quantities of the product, or

Read More
437 Words | 2 Pages

This indicates that the competitors are finding a way to reduce the cost of goods sold or even increasing their prices

Read More
478 Words | 2 Pages

“Products go through a four-staged life cycle: entry or introduction, growth, maturity, and decline. ”(Editorial Board, 209) This unit helps you understand which marketing strategies you should apply at different stages of the product life cycle. This section engages you to start taking the tools you have learned and start to establish a process that will help you kick off the strategic marketing project in unit 5. Unit 5 focuses on gathering the knowledge and competencies to help you understand how to apply these resources in your career

Read More
529 Words | 3 Pages

These stages allotted the growth

Read More
1294 Words | 6 Pages

One of the contributing components as to why the Joads go into liquidation is that they have not kept up with innovation.

Read More
856 Words | 4 Pages

However a slow growth path can give times and scope for the competitors to gain market share and surge ahead in business. The slow growth strategy can result in the company losing out market share to the competitors and miss out on the opportunity to gain market share in new or untapped markets (Moore, 2010). Investors and shareholders may also pose a significant problem in case of limited growth strategies as investors would want the fastest returns for their money invested in the company. This investor pressure is often tough for management s to

Read More
635 Words | 3 Pages

Economy • As the economy goes through the periods of ‘Booms’ and ‘Busts’, the amount of profit that a business will receive over the course of a year. • As the economy experiences a Boom period, consumers will become more confident in

Read More
1005 Words | 5 Pages

After that it can shift its focus on another segment and so on, which therefore leads to growth and

Read More
1718 Words | 7 Pages

The temporary character of competitiveness, which can be lowered anytime. 4. The massive spending on technological advances. 5. The brand image misconception in which low prices are usually associated with low quality product.

Read More
1125 Words | 5 Pages

All other functions are underpinned by the economic role of business in society. •Legal responsibilities - Although companies have their economical fundamental role they are expected to comply with the laws and regulations of the country they operate in. The legal expectations apply to companies, as juristic entities that can act as persons, and the employees they employ regardless of their responsibility. •Ethical responsibilities - Companies are also expected to comply with the ethical norms of a society. Because these are normally not written in law and are therefore not a legal requirement it is difficult for companies to behave and follow it.

Read More
1883 Words | 8 Pages

These services are not aimed to make a profit from people. (B) The Private Sector The private sector is made up of organisations that are privately owned and not part of the government. These include organisations that profit from people. Examples of organisations are retail stores.

Read More
699 Words | 3 Pages

Law, for me, is an essential element in maintaining a world of order and justice. The question of 'right or wrong?' arises in everyday life. To be involved in an aspect that essentially shapes the world we live in is a very exciting opportunity that I am passionate about. Law is used universally and is of great significance to how we conduct our behaviour and I find this particularly fascinating. I wish to pursue a degree in Law because it will allow me to fulfil my long term ambition of working in a legal environment.

Read More
2179 Words | 9 Pages

INTRODUCTION:- Jurlique International Pty Ltd. is an Australian cosmetics manufacturer specializing in natural botanical-based skincare and cosmetics under the brand name Jurlique. Jurlique is considered ethical and environmentally friendly. Jurlique was founded in 1985 the Australian state of South Australia by Dr Jurgen Klein and his wife Ulrike. The company 's name is based on a phonetic combination of their first names.

Read More
1009 Words | 5 Pages

Before the product enters the market, there are no sales, as the product is being prepared for the market. There is market research that is being conducted. Introduction stage begins with the launching of the product followed by growth where there is an increase in the market share. When the product reaches maturity stage, the sales are at their peak. At the decline stage, the sales are declining.

Read More

More about Helsung: Business Case Study

Related Topics

Open Document