Plastico Inc. Case Study

Although the company has been in business for over a hundred years it has encountered several challenges. One weakness is its image. As described earlier this image is not conducive to one to be associated with the kindler, softer side of humanity. Another threat or weakness is the continued outsourcing of manufacturing of parts and accessories into overseas markets and companies. Although, there is no set percentage

A business does not operate in a vacuum.It has to act and react to what happens outside the factory. These factors that happened outside the business are known as external factors or influences.

An organization’s external environment is terribly important and must be studied and understood for the organization to truly succeed. Through such study and understanding, a manager would be able “mitigate threats and leverage opportunities” that are caused by the six segments identified as macro-level external forces: (1) political, (2) economic, (3) sociocultural, (4) technological, (5) ecological, and (6) legal (Rothaermel, 2013, pp. 56-57). Since the manager’s decisions, or firm effects, have a greater impact than those external forces mentioned only when the manager accounts for them and builds a strategy around them, the manager must be aware of and understand these forces to be

External environmental factors are the macro environment affecting a business; they are factors outside the company and which they have no control over (Kotler & Armstrong, n.d.) these external factors bring about impacts to the company thus a company should always be prepared to react.

A threat is defined as a potential cause of an incident that may cause harm of systems and organisation, or data. A potential and obvious threat is someone physically stealing hardware, or data. Physical threats are any incident that could result in the loss or physical damage to a computer system, there are threats that are pretty much unpreventable such as fire, floods, lightening, and earthquakes, and these are all physical threats that are uncontrollable. The humidity in rooms which computers are in does to an extent need to be controlled, if the room is too hot or cold if could have a negative effect on a computer system. There are also human threats such as; vandalism, theft, disruption, accidental or intentional errors.

Siam Cement’s offer to purchase an initial order of 200 units at $9,000 per unit, would lead to a net profit of $200,000. While this immediate cash influx may seem advantageous in the short term, it will not offset yearly operational expenses of $250,000 (See Exhibit 1). Additionally, accepting Siam Cement’s offer would position Rubbertech as an Original Equipment Manufacturer (OEM). This decision could impede potential growth that would far exceed the offer that is currently on the table. If Rubbertech does not accept Siam Cement’s offer, they can seize a part of

Poor Quality - Items returned by customers increased from 1% to 3%. One tenth of the boards returned to the Donner Company were damaged or out of tolerance while the rest were returned due to the company not completing one or two different required operations.

12/05/16 L. Freeman met L. Cline, M. Bromfield, and Georga for court. Georga was very nervous, anxious and uncomfortable; her affect was down and her mood was sad. Georga wanted to know about how court would go and if she would have to see her mother. She spoke about how her mother was always late and how she was upset with her for not going to rehab.

The external environment affects a firm’s strategic actions. Essentially, if a company decision has created a disaster in the environment, they

By analyzing their weakness and providing a solution it will increase the strength of the company which is they provide training to their staff and provide more jobs to the

Technology. PRADA has artisans with delicate skills and much experience. The hardcore of PRADA’s production employees has been working with the Group for an average of 20 years. It is their core competence and their core value.

There are constantly problems arising from poor time management. Last week, a welder took too many breaks and did not complete his task. Yesterday, an ironworker did not complete his assignment, because he took an extended lunch.

Agents, factors, or forces in an organization's external environment that are out of its control, and can directly or indirectly affect is chances of success or failureRead more: http://www.businessdictionary.com/definition/opportunities-and-threats.html#ixzz2WoSQWUFN

External Threats (T) such as lack or energy,, competition and those mentioned in O above

The case study talks about the problems faced by the Europe’s largest manufacturers of plastic household items, producing over 500 products in its French Factory.