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Verizon Swot Analysis Paper

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Operational Strategy Weaknesses Supplier Dependency- Verizon depends on various key suppliers and vendors for providing equipment and services including switch and network equipment, handsets and other devices and equipments required to operate its business and provide products to its customers; such as Apple, Saumsung, Motorola, Windows, LG, and Otterbox. The company’s handset and other device suppliers rely on one vendor for manufacturing and supplying vital components used in their devices. If these suppliers or vendors fail to offer equipment or service on time or fail to meet the company’s performance expectations, Verizon may not be able to offer products and services required by the customers. The company also may not be able to continue to maintain nor improve the network. In addition, the company’s business may get disrupted if it requires or chose to replace the products or services of one or more major …show more content…

Consumer awareness about the advantages offered by these devices, especially email, text, internet, and chat would contribute to smart devices business growth even during tough economic times. The contributions of the company are characterized by speedy technological changes, which could affect its business operations. To compete effectively with its competitors, the company will need to keep introducing new and innovative products and services that exceed the customers’ expectations. The introduction of products using new technologies or the implementation of new industry standards can make existing products, or products under development, outdated or not marketable very easily. Inability to study the evolving technological landscape could impact the company’s competitive

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Groupon has always sought the volume, it is time to start looking for the qualitative. Groupon must offers tools for merchants to help them manage their business, and raise customer service because there is future in deals involving major brands. It is time to form a commercial team to stop rushing the merchant to sign a contract on the sly by well advising them on the Groupon 's benefits to help the merchant to prosper in their activities. The value perceived by the consumer is more important because they have a reference price. Groupon has to set up a sales team that will be specifically responsible for monitoring with merchants and that must verify all elements of the contracts.

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Further, the effective branding and strong brand position of the company further leaves no room for the competitors to beat the Apple’s current position in the market. The strong customer relationship, effective after sales services and strong customer loyalty are other factors that make Apple stand apart from its competitors. Contingency Plan Internal Risks In order to keep the research and development process secure, the company should work on secured data centers, which can be only accessed by the key members of the management (Colvin, 2009). Next, the development information on the new products only be provided to the core team and strict regulations should be framed so that breaching of information does not take place.

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Social Besides the many economic factors, there are also some social factors that will impact the future of the company. There are some of the social factors like changes in customers’ taste and preference, increase in number of population, population moving towards cities, increase in death/ birth rate. All of these factors will affect the company. The trend of the increasing popularity of mobile access is an opportunity (LOMBARDO, Panmore Institute, 2017) and therefore Apple has always kept up to date with the latest trend of design and technology.

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The presence of the numerous electronic suppliers in the electronic industry is a big threat to the existence of Apple Inc. These suppliers exert their presence in the market by aggressively marketing or supplying the products of rival companies. Apple Inc. strategy to beating powerful suppliers borders on the characteristic of its business model (Noren 2013). The fits into the distribution channel as a wholesaler. In this model, the company sells its products or distributes its products to retailers.

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Today, almost every person caries a smart phone with them and some can’t survive the day without it. There are many companies and manufacturers who build smart phones like the popular ones such as Htc, Nokia, Samsung, Apple, Huawei, Motorola, Sony and many more, but what makes those companies not alike are the phones they release through the years, but are they that different? To compare, let us take an example of two leading rival companies in the field of smart phones, Samsung and Apple, who newly released their flagship devices, the Samsung Galaxy Note 4 and the Apple iPhone 6 plus. The Samsung Galaxy Note 4 features a 5.7 inch Super Amoled touch screen, a 16 megapixel back facing camera, an octa core processor with 3 gb of Ram and a 3220 mah battery whereas the Apple iphone 6 plus comes with a 5.5 inch retina display touch screen, an 8 megapixel back facing camera, dual core processor with 1 gb of Ram and a 2915 mah

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Threat of new entrants (Low) When looking at the threat of entry it would be considered to be relatively low. To enter into an industry that specialises in electronics requires high capital and it can be difficult to compete against current companies. Samsung Electronics have been able to maintain profitability through the differentiation in their products. Within their mobile industry the company often promote this with the release of the Samsung Galaxy S5 being offered as a “fitness phone” with the addition of “a growing range of smart wearables” being an example of

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Redesign is less frequent stabilising forecasting. Conclusion This report focused on Samsung Electronics Company Ltd. is a major supplier of cutting edge electronic components and devices. The key product streams of consumer electronics, IT & mobile communications and device solutions were identified.

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However, choosing the appropriate technology is essential to the success of the advertising industry because different markets prefer different ways of conveying information. The use of applications in phones or e-commerce to order goods and services all over the world may be appropriate to a certain market, but media may be appropriate to an illiterate market (Porter, 1998). The development of smart phones is also an added advantage to the development of marketing activities in the advertising industries. For instance, in Singapore China the Taxi industry uses the application in the smart phones to access the consumers. Although the media are one of the appropriate medium to convey the adverts to the consumers,

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