Businesses and the Environment: The Success or Failure of the Business
Businesses and the Environment: The Success or Failure of the Business - Essay Example
Nobody downloaded yet
Extract of sample Businesses and the Environment: The Success or Failure of the Business
As much as there are separate explanations of these aspects of the business environment they are different in nature, their intertwinement is evident because a change in one or two could affect the rest as well. Encouraging conditions of these factors open up great business opportunities for the firms operating in that region whereas when they deteriorate, threats to business operations emerges. Harley-Davidson has been in operation for quite a long time and they started trading publicly in 1987 (Hitt, Ireland &Hoskisson, 2014). Throughout the years, they have continuously built a strong brand making them leading motorcycle manufacturers in the United States. Additionally, the company has perfected their diversification from their traditional male clientele to include women by making motorcycles that suit them in terms of color and comfortability (Hitt, Ireland &Hoskisson, 2014). The company’s ability to create consistent quality products for the customers is yet another reason why it has blossomed. The clients always find satisfaction in Harley-Davidson’s products hence they find a value for their money (Hitt, Ireland &Hoskisson, 2014). Harley-Davidson’s main product is the motorcycle, which many views as just for enjoyment instead of it being a medium of transportation (Hitt, Ireland &Hoskisson, 2014). This has led many people to ignore these motorcycles, as they do not consider them as important as other things. The company has not concentrated on another market segment other than the males for their products until recently, which has seen them fail to maximize their sales. Similarly, the company’s ability to handle the changing demands and the related costs is in question, which might relegate them to produce substandard products and hence will not satisfy the customers.
An essay "Businesses and the Environment: The Success or Failure of the Business" reports that there are numerous thriving opportunities for the business but detrimental economic conditions diminish these opportunities. Similarly, the political, social cultural and technological aspects…
In the name of fiscal discipline, Washington Consensus waged a war on the welfare state in Europe and also the welfare polices of many developing countries such as India, Russia and Brazil. The mindless pursuit of policies of Washington Consensus has badly affected the agricultural economy in many countries.
The author of the paper states that there are many accounts and interpretation why the Reconstruction became a splendid failure. If there is however any convergence of these varying accounts, it would be because the intended Reconstruction or progress did not happen as it was intended.
Therefore, funds can breed failure in the following way: when a plan fails its continuation is set under discussion; usually, the termination of such plan is decided. However, if the funding available for the realization of this plan is high then a CEO may decide to order the continuation of the plan, a fact that usually results to the increase of the losses.
Additionally, in business numbers are the most important determinants of success. There have been numerous questions behind the shutdown of Wesabe, in the summer of 2010 four years after it was formed. Wesabe was formed in November 2006 to assist people in managing their finances.
Each and every company needs to identify their key competitive advantage in order to survive in the industry. The primary goal of each company is customer satisfaction, as unless the customers are satisfied with the product, no company can achieve their targeted goals.
Now, moving on specifically to the business failure that took place in the case of Chrysler and Daimler. Initially, to begin with both the corporations had been functioning successful. Which was exactly why, when the amalgamation took place it became clear to the managements that they will definitely thrive on this occasion (Cook 1998).
This paper provides a strategic analysis to the performance of Stakis Plc from the time it begins its operation to 1992. The first section will compare and contrast the strategies crafted and executed by Stakis' leaders namely, Andros Stakis, Leo Stakis, Sir Lewis Robertson, and David Michels.
In most businesses today, a large part of sales results from repeat purchase by customers. This fact is being increasingly recognised by enterprises and there is an effort to tap this propensity among consumers, by way of “Loyalty Programmes” to encourage purchase. Loyalty programmes have deeply percolated the business thought process.
The two authors use their experience in the teaching profession to inspire change and encourage the development of more beneficial education programs that can be embraced positively by the students. The