Sunday, June 16, 2019
Buzzard LTD Essay Example | Topics and Well Written Essays - 2500 words
Buzzard LTD - Essay ExampleAccordingly, the SWOT will non be a comprehensive treatment of strategic position, but will speak to a few of the known specifics.We can use the financial information provided to declare oneself nearly accurate shareholder analysis. It has been noted that the purpose of preparing financial reports on a regular basis... is to influence the decisions of users of the information produced (Atrill and McLaney, 1997 2) and through the use of standard proportion analysis, we will be able to evaluate the provided statements to come to a reasonable understanding of the companys financial strength. That analysis will permit us to report the authoritative financial condition to shareholders and evaluate Buzzard LTDs operational efficiencies in light of its quality and customer satisfaction achievements.Any company that wishes to remain successfully in business must engage in strategic thinking. This concept is particularly true in the modern marketplace, where inf ormation technologies and other manufacturing efficiencies have increased the request for warlike intelligence. Fleisher and Bensoussan make a compelling case for this when they stateStrategic thinking is necessary today because our organizations compete in an increasingly global, postindustrial, knowledge- and information-based competitive environs as opposed to the slower paced, domestic, industrial competitive environment of only a few decades ago. The hierarchical, linear models that dominated management thinking, and in some cases as yet do, have given way to newer, more flexible, perpetually self-reorganizing, network-based arrangements. No senior executive can reasonably be expected to know the entire competitive terrain well enough to correctly strategize in the same was as the great industrial and military leaders of the past. This pressing need for strategic thinking is wherefore organizations need to improve and enhance their competitive intelligence.(2002 5)The prim ary component used for informing the competitive intelligence process is predicated upon analyzing the strengths, weaknesses, opportunities, and threats (SWOT) facing the organization. The limited information provided does not permit a comprehensive analysis of these elements, but we will be able to focus on key parts of each segment and pull ahead some competitive intelligence regarding the market position of the company. SWOT TABLE FOR BUZZARD LTD.StrengthsWeaknessesOpportunitiesThreatsReputation for InnovationR & D EffortsNew FacilitiesHigh speak to StructureFirefly ReputationNew Market ExpansionNew TechnologyNew PlantCompetitor Emergence Regulatory ChangesBuzzard LTD has some important strengths. Their reputation for innovation is the most important of these as they have achieved high levels of pleased customers and are regarded as one of the worlds leaders in design, force and supply of innovative automotive
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