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Resolute Forest Products Inc
Finance & Accounting
Pages 10 (2510 words)
RESOLUTE FOREST PRODUCTS INC 1.0 Executive Summary Resolute Forest Products Inc finds itself in a very unique and peculiar global competition that goes beyond inter-corporation competition. This is because as a leading paper producer, the company is in fierce competition with other external phenomena such as the reduced dependence on paper in the current generation we find ourselves in as compared to what prepared before the 2000s.
Where there is competition, there is always the need to devise a competitive strategy that can guarantee competitive advantage for the company. It is in line with this that a comprehensive company analysis is necessary to identifying the current market position of the company, understanding ways in which the company has responded to the competitions that it is faced with, what the weaknesses and strengths of the company has been in its quest to be competitive, corporate strategies that can work best for the company, and a comprehensive financial assessment for the company. Presently, Resolute Forest Product Inc can be said to be at a position where the company has failed to maximise its potential on the global economic competition. As a result, even though the company continues to record increases in revenue and operating incomes, these have not been translated into net income, total assets, and total equity. 2.0 Organization Overview Resolute Forest Product Inc is the outcome of a merger between Bowater and Abitibi-Consolidated, which took place in January 2007. ...
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