Luck Co. Case Study Essay

888 Words Apr 3rd, 2013 4 Pages
Luck Companies Case Study
Mngt 393 1. Physical Environment Segment. I would have to say neutral effect on industry because even though the resources this industry excavates is positive for the industry, scouting locations, availability of resources and diminished resources offset those positives. Also important but NOT the most important would be Economic (Neutral) and Demographic (positive). 2. Most influential of 5 forces would be Rivalry among competing firms (High) and Threat of Substitute Products (moderate). The industry Luck Company operates is composed of a few big players who compete against each other. Substitutes of stone/rock would be a threat to the industry, depending on what building materials are needed there are
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As of recent, a renewed campaign called “The Values Journey” has been implemented with many different core values of leadership to advance the values-based culture of Luck Companies and to build exceptional experiences with their customers and drive differentiated growth. 6. SWOT analysis – STRENGTHS – Operations, distribution, Human Resources a. Opportunities – Keep Status as Industry Leader in operations of mid-Atlantic region. Expand on industry market share. Continue good relationships with customers – Industry (rock crushing, excavation) is primarily focused on serving general geographical area where the site is located, distribution channel relationships will be maintained as long as they are respected and nurtured. Keep Human Resource focus on core values to enable Luck’s reputation to stay intact. b. Threats – Threats to market share are limited because Luck is industry leader in customer service and logistical excellence which is valued by their customers. Human Resource focus with core values training ensures that the company’s core values are evident throughout all departments of Luck Companies.
WEAKNESSES- Industry depends heavily on economic conditions. Luck Companies is diversified which is a potential weakness. Availability of Natural Resources. a. Opportunities limited – Economic downturn can devastate the industry which is mostly comprised of

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