Greeting card industry position and formulating plan

Assignment Help Financial Accounting

Reference no: EM1313935

Any strategic decision must be evaluated with careful consideration to changes in the industry. Understanding industry trends will help you develop a strategy that exploits those trends favorable to you, while avoiding trends that may hurt your firm.

The Internet will generate effective substitutes to greeting cards and these will improve in quality as technology improves. Substitutes will reduce the industry's PIE, unleash higher levels of competitor rivalry, and diminish Shomei's competitive advantage as prices are lowered.
Let's step back - what competitive role can the Internet play for a greeting card company such as Shomei? Besides being a substitute card, how else can Shomei and others use the Internet to grow their business and sell more cards?

For the chosen trend, you are to comment on how the trend strengthens or weakens the competitive advantage and industry position strength of Shomei Cards and its competitors. You are to post your comments below.

You must also comment on the trend analysis posted by at least one of your fellow students the comments should include whether or not the you agrees with their assessment of how the trend will impact Shomei and the reasoning behind why the you agrees or disagrees. Make sure that they need to wait a day or two after you post your statement to respond to those of your colleagues.

Reference no: EM1313935

Questions Cloud

Computation of emi of the loan : Computation of EMI of the loan and suppose you have decided to start saving money to buy a motorcycle for your loving spouse's

Industry position strength of shomei cards : How the trend strengthens or weakens the competitive advantage and industry position strength of Shomei Cards and its competitors.

Growth rate of output per person also the level of output : Calculate the initial level of output per person, the growth rate of output per person also the level of output per person after 100 years.

Level of significance for the test : Test to see if the mean cell phone bill has changed since 2004. Use a .05 level of significance for the test.

Greeting card industry position and formulating plan : Greeting card industry position and formulating plan - For the chosen trend, you are to comment on how the trend strengthens or weakens the competitive advantage and industry position strength of Shomei Cards and its competitors.

Computation for straight -line regression : Illustrate by computation that, for straight -line regression of Y on x, β1= 0.

Explain capital budgeting decisions on borrowable : Explain Capital Budgeting decisions on borrowable of bank loan and what is the most John can consume at t0

Market supplied by a small number of large firms : Explicate why the cost structure associated with many kinds of information goods also services might imply a market supplied by a small number of large firms.

Meaning of z test : He randomly samples 45 oil wells throughout the United States and determines the mean output to be 10.7 barrels per day with a standard deviation of 1.3 barrels. Test the researcher's claim at the .025 level of significance.

User Account

All Pages