CMKT100 Principles of Marketing
.pdf
keyboard_arrow_up
School
Toronto Metropolitan University *
*We aren’t endorsed by this school
Course
100
Subject
Marketing
Date
Feb 20, 2024
Type
Pages
6
Uploaded by ProfCoyote3988
Identify and describe a minimum of three weaknesses. These are internal to the company
and focus on the company’s capabilities, resources and processes in comparison to
their competitors’ capabilities, resources and processes. You must support each
weakness, which you identify by relevant and appropriately cited evidence, and clearly
articulate how each weakness will affect the company’s future.
SWOT analysis's second section deals with the company's weaknesses. One of Amazon's flaws
is that its business model is easily replicable. Amazon has a simple business model that rivals
may readily copy. Other businesses may launch websites and begin selling things at low prices
similar to Amazon's, diminishing company revenues and drawing Amazon consumers, resulting
in a loss of market share and profitability. It is very easy for another competitor to gain an edge.
Another drawback was their s. As a result of Amazon's concentration on developed nations, the
company has a limited presence in new areas like the Middle East and South Asia. Alibaba has
created strong product domains and loyal customer retention, making it more difficult for
Amazon to enter these markets. Another element contributing to Amazon's weakness is its
minimal brick-and-mortar presence. It is difficult for the firm to draw consumers to product
categories that are more suited to brick-and-mortar locations than online ones because of its
low brick-and-mortar presence. In the United States, perishable goods (vegetables and fruits)
and grocery items generate $200 billion in sales, with Amazon accounting for just 2% of those
sales and Walmart accounting for 17.2%. If Amazon wants to gain a competitive edge over its
rivals, it must increase its presence in brick-and-mortar shops.
Easily imitable business model: Amazon has a business model that competitors can easily
imitate. Other firms can create a website and start selling products on low price as Amazon, that
will reduce company profits and attract Amazon customers that will result in loss of market share
and profitability [Rob17].
Limited penetration in developing markets: Amazon have very limited access in developing
markets, its focus on developed countries has reduce its presence in new emerging markets of
Middle East and South Asia, it would be difficult for Amazon to penetrate in these markets if
local firms established in these regions in China Alibaba have strong product domain and loyal
customer retention which will increase competition for Amazon.
Limited brick and mortar presentation: The company’s limited brick and mortar presence also
limits the ability to attract the customers to certain product types that are more sellable in
physical stores then in online stores. Perishable products (vegetables and fruits) and grocery
items have US $200 billion sales in the US, Amazon have only 2% share of this while Walmart
have 17.2% share of those sales. Amazon must enhance its presence in brick and mortar stores
to achieve competitive advantage among competitors [Sta16]
High debt ratio: In many developing countries Amazon is struggling to remain profitable which is
affecting overall debt to equity ratio of the company, due to extensive delivery network and price
wars Amazon margins are shrinking which are resulting in loss. In India, Amazon had a loss of
Rs.359 million in the year 2013-14.
Lack of focus on products and services: It is interesting to note that Amazon is famous as online
retailer, there is a lack of focus on its range of products and services offered by the business. It
has been noted that “if Apple is famous for its focus, Amazon should be famous for its lack of
focus”. New companies are cutting into Amazon’s core, Amazon is expanding into new product
categories where it has less strength, lack of focus on range of products and services offered by
Amazon and low range of companies own brand products is a considerable weakness which
provides an opportunity to its competitors take advantage of it [dud17]
Amazon bruising and thrilling culture: The company is conducting an experiment in how far it
can push white-collar workers to get them to achieve its ever-expanding ambitions. One
Amazon human resource said “purposeful Darwinism” some workers who suffered cancer,
miscarriages and other personal crises said, they have been evaluated unfairly or edged out
rather than given time to recover. Amazon most threaten weakness that their employees are not
happy at their workplace which effect companies strategic planning in the long run [Jod15]
Recommendation (15 marks)
– Based on the SWOT analysis, make a
recommendation for action. Identify and describe how this recommendation: a)
maximizes strengths, b) minimizes weaknesses, c) leverages opportunities and d)
addresses threats. All recommendations must be supported by relevant and
appropriately cited facts described in the situational analysis above.
https://seoaves.com/amazon-swot-analysis/
https://www.managementstudyguide.com/swot-analysis-of-amazon.htm
http://panmore.com/amazon-com-inc-swot-analysis-recommendations
https://www.swotandpestle.com/amazon-inc/
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Which of the following statements BEST describes the Gartner’s ‘Magic Quadrant’?
Helps businesses understand their current and future competitive landscapes.
Helps businesses get a clear picture about their strong points and weak points relative to their competitors.
Helps businesses prioritize and strategize your business investments among smaller business units.
Helps businesses analyze and represent a particular product/market/industry in terms of their ability to deliver based on their vision.
arrow_forward
Read the case below and then complete the SWOT analysis for each brand: Natural Gourmet and Natural Chef. After
completing the SWOT analyses, answer the questions that follow.
Natural Grain is a kitchen equipment and accessories company that sells mainly cutting boards, bowls, platters, and mugs.
It is not alone in this relatively saturated Industry. As such, it has two brand divisions: Natural Gourmet and Natural Chef.
Each brand has its own product lines: Natural Gourmet boasts "one-of-a-kind items that sell at high-price points in high-
end retall and specialty shops. Natural Chef boasts high-quality, easily recognizable, mass-produced Items that sell at low-
cost in department stores and other mass-merchandise outlets. A recent, company-wide marketing research study
revealed that there exists a growing demand for mass-produced products among its Natural Gourmet market and retailers
that sell Natural Chef products. Armed with this new information, Natural Grain proceeded to conduct…
arrow_forward
Try to analyze a business's one weakness and threat and switch it into a strength and opportunity.
WEAKNESS
STRENGTH
THREAT
OPPORTUNITY
kindly follow the format when answering the question.
arrow_forward
please write an theoretical answer and justify every possible solution.Thanks
arrow_forward
Explain and provide a clear statement of the main problem, issue, challenge, etc., Abu Dhabi National Oil Company as well as internal constraints and/or external trends they have.
determine the appropriateness of the company's strategy (articulated in the company profile section) for its situation (issues that it needs to deal with articulated in the situation analysis section) and clearly explain how the strategy (or parts of the strategy) does or does not fit with the situation (or with other parts of the strategy). Recommend a coherent package of changes to the company's strategy and specific steps to implement them. Explain and justify your recommendations. In addition, explain and justify the aspects of the company's strategy that they should remain the same.
arrow_forward
In strategic information system planning, compare the critical success factors (CSFs) and SWOT (strengths, weaknesses, opportunities, and threats) methods for assessing potentials. Which strategy is best for the situation?
arrow_forward
Indra Nooyi, the former CEO of PepsiCo describes how she led an effort to the company being a "better corporate citizen." She advises other companies who wish to adopt a "Performance with Purpose" approach to consider all of the following except:
Ensure the company's board of directors support the intiative
Hire a Chief Sustainability Officer to oversee all aspects of the initiative
Adapt the strategy to accommodate the needs of local markets
form partnerships and coalitions with NGOs and other companies
arrow_forward
Suppose you are a Marketing Manager of a 5-star Hotel located in Baguio City, Philippines. You are tasked to perform a SWOT analysis to know what are factors expected to affect the company's operations.
Examine each situation and identify whether it is a Strength, a Weaknesses, an Opportunity, or a Threat to your company.
Answer:
S. If the situation refers to a Strength
W. If the situation refers to a Weakness
O. If the situation refers to an Opportunity
T. If the situation refers to a Threat
___1. Excellent staff who are highly trained and very customer attentive.
___2. Business taxes will increase by 3% next year.
___3. The present promotional activities have a great appeal to customers.
___4. Some employees have problems dealing with arrogant customers who give out unfavorable comments.
___5. Sometimes overlook financial issuances of check and deposited cash.
___6. hotel rates are high which contradicts to the company's positioning of "Premium Quality Services at an Affordable…
arrow_forward
Value Chain; Strategy Map; Role in Corporate Alliances A recent report of the consultingfirm McKinsey & Company indicates that about one-half of all corporate alliances fail. These alliances are partnerships in which two corporations jointly participate in one or more of the activities inthe industry value chain. A good example, provided by Robert S. Kaplan and David P. Norton (creators of the balanced scorecard and strategy map), is the alliance between the European pharmaceutical company, Solvay, and U.S.-based Quintiles, a company that specializes in the conduct of clinicaltrials for testing potential new drugs. Solvay’s strategy is to employ its research-driven organizationto develop and market new drugs. One of the steps in Solvay’s value chain is to complete the testingrequired by the U.S. Food and Drug Administration. Rather than divert its operations from research,Solvay has partnered with Quintiles. Realizing that they both benefit from the success and growth ofSolvay’s…
arrow_forward
EXPLAIN FIVE STRENGTHS OF THE COMPANY AND EXPLAIN FOUR WEAKNESSES OF THE COMPANY!
arrow_forward
Fairplay Turns to a Managed Security Service Provider
Fairplay Finer Foods is an independent grocery retailer that operates in the greater Chicago area. From its beginning, Fairplay's mission has been to provide quality foods at an affordable price along with exceptional customer service. Starting with a single store in 1975, Fairplay has since grown to seven locations. The opening of each new store led to increased sales and attracted new customers; however, expansion also raised new information system needs as well as information security risks.
Due to its size, it was not practical for Fairplay to create and run its own information technology organization, so it contracted with KCS Computer Technology, Inc., to provide these services along with the necessary computer hardware and systems. One of KCS's key accomplishments for Fairplay was to implement and manage a corporate network that the grocery chain uses to run applications and communicate across all of its stores.
Another…
arrow_forward
Consider the below Case study to solve the following questions
Sugar Plum Sweets is a small scale bakery business run by a family of experienced confectioners. Sugar Plum Sweets is making a quite conventional range of limited sweets for the last 20 years. In this modern era, this venture requires some disruption and novelty in its products.
Requirements:
What are some of the more frequently used sources of new ideas for entrepreneurs?
How existing companies (competitors) can help Sugar Plum Sweets to hunt new business ideas?
Consider you are in the Sugar Plum sweets Management, use appropriate source of idea to improve the business of this sweet shop.
arrow_forward
Conduct a detailed SWOT analysis for AT&T.
1. In your analysis, you need to identify at least three internal strengths (S1, S2, S3), internal weaknesses (W1, W2, W3), external opportunities (O1. O2. O3), and external threats (T1, T2, T3), respectively.
2. Based on your analysis in
-match the key internal and external factors to formulate strategies. For example, integrate the strengths with the opportunities and threats identified (e.g., S1 + T2, S1 + O1), or integrate the weaknesses with the opportunities and threats (e.g., W2 + O1, W1 +T1), then recommend three strategic actions to the CEO of the company. These actions should help the company to better position itself in the market and be explained in detail
arrow_forward
XYZ Company, a successful tech startup, has decided to expand its operations globally. The company is currently based in the United States and wants to establish a strong presence in the European market. The leadership team recognizes the need for a comprehensive planning strategy to ensure a smooth and successful expansion
Key Points:
Market Research:
The company has conducted thorough market research to understand the European
tech landscape.
Identified key competitors, market trends, and potential challenges.
2. Regulatory Compliance:
Explored and understood the regulatory requirements for operating in European countries.
Established a legal team to navigate and ensure compliance with local laws.
3. Logistics and Supply Chain:
Developed a robust logistics and supply chain plan to handle product distribution across Europe efficiently.
Established partnerships with local suppliers and distributors,
4. Cultural Adaptation:
Implemented a cultural adaptation…
arrow_forward
Review the following hypothetical scenario and answer the following question:
For our upcoming executive retreat, the Strategy Group has been tasked with competing a strategic analysis of our business and our industry. While there are a number of different approaches that we can take, I would like to rely on Porter’s “five forces” framework for our analysis of the industry structure.
Q: Please provide an outline of each of the five forces as it relates to the cable industry and whether conditions in the industry are favorable to long-term profitability.
arrow_forward
Please create SWOT Analysis for this business
Note: details of the business is in the photo attached
arrow_forward
SWOT ANALYSIS:
Voluntrip—A History of Voluntrip Voluntrip was founded in 2016 by three individuals who had each traveled extensively throughout the world. They were strangers when they met in Vietnam but became fast friends. Eventually they decided to start a business together. Ari, Luiz, and Sarita envisioned a business that would appeal to clients interested in sustainable tourism in both domestic and global regions of the world. They each agreed to invest $5,000 from their personal financesto start the business.
Each founding owner of Voluntrip brings a unique set of experiences and skills that are critical to the business’s success. Ari is an English language teacher committed to creating an active learning experience for her students and provides them with ample opportunity to engage in conversational English. She possesses excellent organizational and time-management skills, as well as strong leadership and communication skills. When asked to describe her strengths as a business…
arrow_forward
SWOT ANALYSIS:
Voluntrip—A History of Voluntrip Voluntrip was founded in 2016 by three individuals who had each traveled extensively throughout the world. They were strangers when they met in Vietnam but became fast friends. Eventually they decided to start a business together. Ari, Luiz, and Sarita envisioned a business that would appeal to clients interested in sustainable tourism in both domestic and global regions of the world. They each agreed to invest $5,000 from their personal finances to start the business.
Each founding owner of Voluntrip brings a unique set of experiences and skills that are critical to the business’s success. Ari is an English language teacher committed to creating an active learning experience for her students and provides them with ample opportunity to engage in conversational English. She possesses excellent organizational and time-management skills, as well as strong leadership and communication skills. When asked to describe her strengths as a…
arrow_forward
Read the following case study and answer the questions at the end.
Jayram, GM (Sales) is finding it difficult to decide whom to choose for the position of sales executive in the Agro Business Division (ABD) of the steel company out of the following three candidates. ABD is manufacturer of shovels, sickles, hammers pickaxes and crowbars. The products serve the needs of agriculture, infrastructure as well as mining sectors. Recently, the company added garden tools in its product portfolio. To promote the garden tools, the company requires exceptional sales (executive) who will report to Jayaram.
Jayaram recently interviewed Varsha who happens to be close relative of Jayaram. Since, Jayaram does not want to create an impression that he promotes nepotism, based on his advice Varsha took the proper route of submitting her CV to the HR division. Varsha impressed both GM (Sales) and Jayaram in interview with her knowledge and personality. She has 4 years sales experience in a cosmetic company…
arrow_forward
Using dynamic analysis, what is the threat analysis of potential competitors for Kibbles and Bits?
arrow_forward
Prepare the five Whys and determine the root cause of the problem
arrow_forward
By using the case information attached - Outline each of the 4 aspects (Integration, Operations, Purchasing, Distribution) and illustrate your points with examples from the attached case information.
arrow_forward
By using the SWOT analysis, what is the Opportunity and Threat for a canvas bag business seller. Explain.
arrow_forward
company name: bioMerieux
with the latest update, reports and news from the company
1.What are the company's products and services. Do you think these products and services will be capable to keep this company be successful in the new normal due to the covid 19 pandemic?
2.What is the situation of the industry in which this company functions? What does this Company's future look like?
3.If you were asked to buy stocks of this company using your own money for ¥100,000, will you buy the stock? Why?
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning
Related Questions
- Which of the following statements BEST describes the Gartner’s ‘Magic Quadrant’? Helps businesses understand their current and future competitive landscapes. Helps businesses get a clear picture about their strong points and weak points relative to their competitors. Helps businesses prioritize and strategize your business investments among smaller business units. Helps businesses analyze and represent a particular product/market/industry in terms of their ability to deliver based on their vision.arrow_forwardRead the case below and then complete the SWOT analysis for each brand: Natural Gourmet and Natural Chef. After completing the SWOT analyses, answer the questions that follow. Natural Grain is a kitchen equipment and accessories company that sells mainly cutting boards, bowls, platters, and mugs. It is not alone in this relatively saturated Industry. As such, it has two brand divisions: Natural Gourmet and Natural Chef. Each brand has its own product lines: Natural Gourmet boasts "one-of-a-kind items that sell at high-price points in high- end retall and specialty shops. Natural Chef boasts high-quality, easily recognizable, mass-produced Items that sell at low- cost in department stores and other mass-merchandise outlets. A recent, company-wide marketing research study revealed that there exists a growing demand for mass-produced products among its Natural Gourmet market and retailers that sell Natural Chef products. Armed with this new information, Natural Grain proceeded to conduct…arrow_forwardTry to analyze a business's one weakness and threat and switch it into a strength and opportunity. WEAKNESS STRENGTH THREAT OPPORTUNITY kindly follow the format when answering the question.arrow_forward
- please write an theoretical answer and justify every possible solution.Thanksarrow_forwardExplain and provide a clear statement of the main problem, issue, challenge, etc., Abu Dhabi National Oil Company as well as internal constraints and/or external trends they have. determine the appropriateness of the company's strategy (articulated in the company profile section) for its situation (issues that it needs to deal with articulated in the situation analysis section) and clearly explain how the strategy (or parts of the strategy) does or does not fit with the situation (or with other parts of the strategy). Recommend a coherent package of changes to the company's strategy and specific steps to implement them. Explain and justify your recommendations. In addition, explain and justify the aspects of the company's strategy that they should remain the same.arrow_forwardIn strategic information system planning, compare the critical success factors (CSFs) and SWOT (strengths, weaknesses, opportunities, and threats) methods for assessing potentials. Which strategy is best for the situation?arrow_forward
- Indra Nooyi, the former CEO of PepsiCo describes how she led an effort to the company being a "better corporate citizen." She advises other companies who wish to adopt a "Performance with Purpose" approach to consider all of the following except: Ensure the company's board of directors support the intiative Hire a Chief Sustainability Officer to oversee all aspects of the initiative Adapt the strategy to accommodate the needs of local markets form partnerships and coalitions with NGOs and other companiesarrow_forwardSuppose you are a Marketing Manager of a 5-star Hotel located in Baguio City, Philippines. You are tasked to perform a SWOT analysis to know what are factors expected to affect the company's operations. Examine each situation and identify whether it is a Strength, a Weaknesses, an Opportunity, or a Threat to your company. Answer: S. If the situation refers to a Strength W. If the situation refers to a Weakness O. If the situation refers to an Opportunity T. If the situation refers to a Threat ___1. Excellent staff who are highly trained and very customer attentive. ___2. Business taxes will increase by 3% next year. ___3. The present promotional activities have a great appeal to customers. ___4. Some employees have problems dealing with arrogant customers who give out unfavorable comments. ___5. Sometimes overlook financial issuances of check and deposited cash. ___6. hotel rates are high which contradicts to the company's positioning of "Premium Quality Services at an Affordable…arrow_forwardValue Chain; Strategy Map; Role in Corporate Alliances A recent report of the consultingfirm McKinsey & Company indicates that about one-half of all corporate alliances fail. These alliances are partnerships in which two corporations jointly participate in one or more of the activities inthe industry value chain. A good example, provided by Robert S. Kaplan and David P. Norton (creators of the balanced scorecard and strategy map), is the alliance between the European pharmaceutical company, Solvay, and U.S.-based Quintiles, a company that specializes in the conduct of clinicaltrials for testing potential new drugs. Solvay’s strategy is to employ its research-driven organizationto develop and market new drugs. One of the steps in Solvay’s value chain is to complete the testingrequired by the U.S. Food and Drug Administration. Rather than divert its operations from research,Solvay has partnered with Quintiles. Realizing that they both benefit from the success and growth ofSolvay’s…arrow_forward
- EXPLAIN FIVE STRENGTHS OF THE COMPANY AND EXPLAIN FOUR WEAKNESSES OF THE COMPANY!arrow_forwardFairplay Turns to a Managed Security Service Provider Fairplay Finer Foods is an independent grocery retailer that operates in the greater Chicago area. From its beginning, Fairplay's mission has been to provide quality foods at an affordable price along with exceptional customer service. Starting with a single store in 1975, Fairplay has since grown to seven locations. The opening of each new store led to increased sales and attracted new customers; however, expansion also raised new information system needs as well as information security risks. Due to its size, it was not practical for Fairplay to create and run its own information technology organization, so it contracted with KCS Computer Technology, Inc., to provide these services along with the necessary computer hardware and systems. One of KCS's key accomplishments for Fairplay was to implement and manage a corporate network that the grocery chain uses to run applications and communicate across all of its stores. Another…arrow_forwardConsider the below Case study to solve the following questions Sugar Plum Sweets is a small scale bakery business run by a family of experienced confectioners. Sugar Plum Sweets is making a quite conventional range of limited sweets for the last 20 years. In this modern era, this venture requires some disruption and novelty in its products. Requirements: What are some of the more frequently used sources of new ideas for entrepreneurs? How existing companies (competitors) can help Sugar Plum Sweets to hunt new business ideas? Consider you are in the Sugar Plum sweets Management, use appropriate source of idea to improve the business of this sweet shop.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles Of MarketingMarketingISBN:9780134492513Author:Kotler, Philip, Armstrong, Gary (gary M.)Publisher:Pearson Higher Education,MarketingMarketingISBN:9781259924040Author:Roger A. Kerin, Steven W. HartleyPublisher:McGraw-Hill EducationFoundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Marketing: An Introduction (13th Edition)MarketingISBN:9780134149530Author:Gary Armstrong, Philip KotlerPublisher:PEARSONContemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning