[pic] Applied Strategic Management HONOURS DEGREE OF BACHELOR OF SCIENCE BUSINESS AND MANAGEMENT STUDIES Table of Contents Acknowledgement……………………………………………………………………....3 Executive Summary…………………………………………………………………….4 Project Outline…………………………………………………………………………...5 Industry Life Cycle……………………………………………………………………....7 Key Success Factors (Industry Matrix)……………………………………………….9 Industry Analysis (Porter’s Five Forces)…………………………………………….11 SWOT Analysis • Internal Factor Analysis Summary (IFAS)………………………………………14 • External Factor Analysis Summary (EFAS)…………………………………….16 Strategic Factor Analysis Summary (SFAS)………………………………………..18 TOWS Matrix…………………………………………………………………………...20 Assessment of Company Performance……………………………………………..22 Review of …show more content…
Main strategic issues facing the company • Sony Corporation has to keep improving on their products or produce new products to compete with its competitor. • As Sony Corporation is the manufacturer of a lot of electronic devices and products such as computers and cameras, they have to ensure that all of their products are able to meet the satisfaction of their consumers. Company’s contribution to the National Economy Sony Corporation of America, based in New York is a US subsidiary of Sony Corporation, headquartered in Tokyo. Sony's principal U.S. businesses include Sony Electronics Inc, Sony Pictures Entertainment Inc, Sony Computer Entertainment America Inc, and Sony Music Entertainment. Sony recorded consolidated annual sales of approximately $78.9 billion for the fiscal year ended March 31, 2009, and it employs 171,300 people worldwide. Company’s contribution to the regional economy • In 2008, Sony was awarded Director-General of the Agency for Natural Resources and Energy Prize of the FY 2008 (13th) New Energy Award. • In 2009, Sony Corporation, Sendai Technology Centre and Sony Semi-conductor Kyushu Corporation, Kokubu Technology Centre awarded Director-General of the Agency for Natural Resources and Energy Award. • Sony reduces 100000 tons of CO2 emissions through the use of renewable energy. Sony also agrees to support the South Africa Mobile Library Project for 3 years. On 4th of December 2009, Sony joins the team ‘Using power of
Japan is the home to of the top companies in the world. One of the companies, which has helped Japan’s economy to be one of the top, is Sony. Modern day Sony is a high profit high output company, which is manly due to its marketing strategies and decision to its customers.
Sony Corporation is a Japanese owned company, created in 1946 based in Tokyo, Japan. The company competes in the technology market with diversity. This includes video games, computers and computer hardware, television, media players, etc. With that being said, Sony has had their ups and downs over the past few years, just like everyone else in this industry. Things such as the U.S. economy can really affect the future of this company. Now that the economy is on the downfall, things such as entertainment are not as important as paying for food, gas, and other bills. It is important to realize these things as you analyze the company due to the fact that the company
Sony have been known worldwide as a Japanese multinational company, its efforts trying to expanding business in United States, have made that Sony acquires CBS Records and Columbia Pictures. Thus, creating Sony Music and Sony Pictures, which represent Sony entertainment. This involved to the company in $1.2 billion of debt, and assigned goodwill assets for $3.8 billion.
Sony can also differentiate themselves in the market by employing a consumer-focused positioning strategy. A consumer-focused positioning strategy revolves around consumers. This strategy can be tailor made to the audience by using social media, apps, and other online platforms to engage, access, and directly communicate with consumers (Positioning(marketing), n.d.). Being consumer focused is in line with Sony’s new planning
"The National Academies." Our Energy Sources —. The National Academy of Sciences, n.d. Web. 11 Mar.
Sony is one of the leading if not leading technology Corporation within the technical business world today. This organization headquarters can be found in Tokyo, Japan. Sony business is focus on electronics, entertainment, and gaming systems, and it also has a financial service sector. The Sony organization mainly focus on electronics such as video games, and TV networking. With these elements it makes Sony a premier organization that
However, when you are buying a PlayStation you will see on the box that it says Sony PlayStation. Sony is a company that is multinational corporation that has its headquarters in Tokyo, Japan. When you look at the name Sony you would not expect it to be the mixture
Sony has a broad offering in consumer electronics segment that it can leverage to provide a comprehensive
Sony’s innovative approach and successful brand name, being associated with numerous motion pictures, computer entertainment, music, television, and online businesses, makes Sony one of the most successful, extensive entertainment and technology companies in the world.
The International Energy Agency estimates that by the year 2003 forty percent of the world's energy production will be from sources other than fossil fuels or nuclear power. Nevertheless, the need for
In the history of Sony, they tend to have many failures in creating a technology or gadgets. They fail to make the consumers accept the thought of their gadget. One example is the Betamax. But on the other hand Sony continuously innovate their products and they also in tend to create new ones. Sony is also the one
Based on the successes of Sony in the past, Sony had become the “complacent to the changing needs of the business market and this has caused the competitors to consume a great portion of the market value in the industries (Merchant, 2007). Sony Corporation had developed a product which had the concept similar to IPod but the product was not successful because Walkman was considered as the barriers of product improvement (Jan Vardaman, 2009).
Due to the rise in competition, Sony has to keep on innovating in order to keep attracting
Sony Company is a Japanese multinational corporation. Masaru Ibuka and Akio Morita are the founders of the company, in late 1945. The corporation is headquartered in Tokyo, Japan. It is among the leading electronic products manufacturers for consumer products. The company manufactures varied consumer electronics, equipment for video communications, innovative cameras and information technology equipment. It is one of the leading digital entertainment brands globally. It offers customers a range of exciting multimedia content. In the next one and
A joint venture with Sony allows a large R&D division focusing on mobile, which is vital to ensure its network business stays in touch with consumer demands.