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Strengths And Weaknesses Of Merbatty Company

Decent Essays

Part A:
1.

Strengths:
-merbatty has a superior technological advantage over its competitors
- merbatty has built a brand for itself. It is a brand name and has been around for over 33 years
- they also have a great market positioning
-They have a worldwide clientele base as they trade the world over through the use of sales agents

Weaknesses:
-there is little to no training for staff other than engineers and designers
- they don't seem to have a cash forecast in their 5year plan
- they pay high commission fees to their sales agents of around 4%of final revenues
- they receive their revenue from sales through 3 installments the first being a mere 20% deposit, which doesn't even cover the costs associated with making the final product. Should the customer decline the product or cancel the order merbatty will not be able to cover its costs.

Opportunities:
- innovation innovation innovation. Merbatty believes that customers should get the best possible result using new and innovative methods
- there will be an increased market base as they carry out their expansion plans into other regions
- new opportunities to have a wider range of products, new boat designs …show more content…

They have enjoyed rapid growth in sales as well as in profitability which is a sure sign that they have been able to remain competitive. Merbatty keeps it's competitive edge by giving the customer what he/she may want. From a technological perspective the company should be able to remain competitive so long as it keeps investing in new IT systems such as the newly released production management software system. This system currently helps them improve productivity and increase resource utilization. The impact of emerging technologies is a great one as it decides whether or not a company may remain competitive pr even relevant in its said

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