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Swot Analysis Of Cango

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CanGo Analysis Report Alternate View Solutions Executive Summary of CanGo CanGo is an Internet startup company that retails a variety of products and services. CanGo started in 2006 as an e-commerce company. CanGo’s CEO and founder, Elizabeth Bennet announced plans for launching an IPO for April 2010 the process was successful and the IPO raised $130 million. CanGo purchased Webjouster, an online gaming company. CanGo faces many challenges around responding to change and growth both internal and external forces. The online gaming has not generated the level of profits that were anticipated. Financial History of CanGo CanGo’s Current Financial Analysis Efficiency Ratio: Receivables Turnover 1.56% Efficiency Ratio: Inventory Turnover 2.81% …show more content…

This gives them a noteworthy favorable position since they can all the more nearly comprehend the customers' needs and needs. CanGo likewise has strength in the additional estimation of its employees. They all appear to have an incredible enthusiasm for the company. Strengths Cont.. Employees at CanGo have a decent awareness of other's expectations and think about the company's general prosperity. Besides, they have a natural feel of the market and realize that they need to push ahead developing the company and expanding execution. CanGo has possessed the capacity to support income development, appreciate a radiant net revenue of 11.7% , and offer fabulous customer administration. This is all regardless of not having a complete comprehension of their position in the market or having a strong marketing

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