Barclays Libor Scandal Case Study Solution and Analysis
Introduction
Barclays Libor Scandal Case Study Help is the biggest publishing business with a greatest market share in the China's book retail market. CMP has become a specialized details service provider and a big detailed Science and Innovation publishing company through the combination of print media, audio-visual media and the network media.
Critical Issues
Although, Barclays Libor Scandal Case Study Help has actually spent its 60 years journey efficiently, being an effective publishing home, however, the altering macro market patterns and forces bring particular obstacles to the publishing market in general and CMP in specific. These factors consist of;
• Entrance of the new publishing companies in the market.
• Decreasing development of the publishing market.
• Market saturation.
• Intro of digital publishing methods
• Enhancement of science and innovation.
The change of the macro markets have raised a number of concerns to the management at CPM that what could be the future of CMP in this circumstance? Do the long important experience, technical resources and the capabilities of the business could be utilized to strive for the future development unceasingly? How could the business sustain its long term competitive position in future?
Situational Analysis
Internal Analysis
SWOT Analysis
Strengths
Barclays Libor Scandal Case Study Help has certain strengths that can be made use of to reduce the threats, get rid of the weak point and get the chances. Strengths of CMP are provided as follows;
• The long term experience of Barclays Libor Scandal Case Study Analysis in the publishing industry i.e. 60 years permits the business to offer high quality products at a lower expense utilizing its prior experiences.
• The technical resources and abilities generated by its effective journey provide a competitive advantage to CMP.
• Large item portfolioof CMP helps it to diversify its threat and provide high worth to its consumers.
• Strong financial position allows the business to consider numerous advancement chances with no fear of raising fund externally.
Weaknesses
In addition to the strengths, the company has certain weaknesses which could increase constraints for the company in implementing its advancement program. The weaknesses of Barclays Libor Scandal Case Study Help are provided as follows;
• Despite of being a science and innovation publishing company, the company still has conventional methods ofpublishing which are not compatible with the growing technological shift.
• CMP highly relies over the Chinese markets for its growth. It needs to propose specific expansion plans to avoid its reliance over the Chinese markets to attain long term development.
Opportunities
Although, the growth of the publishing market is decreasing considering that 2008, impacting Barclays Libor Scandal Case Study Solution also, however the development might be revived by availing certain opportunities provided in the market. The marketplace chances for CMP consist of;
• The business might also introduce Digital Publishing by using its long term technical experience and a strong customer recognition in the market.
• CMP might consider an advancement program through the growth towards foreign markets in order to reduce its reliance over Chinese markets by using its large financial resources.
Threats
The changing macro trends in the market and increasing competition in the publishing industry has posed specific hazards to Barclays Libor Scandal Case Study Help including;( Gurel, 2017).
• Intro of digital publishing i.e. digital libraries could lead to decreasing market share of Barclays Libor Scandal Case Study Analysis due to the consumer shift towards digital libraries.
• The existence of large number of competitors in the publishing market increase the danger for CMP to lose its competitive position in the market, as rivals can gain a strong customer base by utilizing certain techniques like aggressive promotion, quality items, etc.
• Entrance of brand-new publishing firms in the industry along with existence of high competition increases the threat of losing the consumer base.
Monetary Analysis.
Due to absence of information, the monetary ratios of CMP might not be computed. It could be analyzed from the Appendix III that the annual total revenues of Barclays Libor Scandal Case Study Help during the duration 2000-2012 are growing at a high development rate, revealing that the annual need of the products of CMP is growing and the business is rather effective in attracting a large number of customers at a potential rate.
Together with it, the second graph which reveals the yearly development in the Barclays Libor Scandal Case Study Help overall possessions, shows that the business is quite effective in adding worth to its assets through its incomes. The development in possessions reveals that the total worth of the company is also increasing with increasing the overall profits. (Unknown, 2013).
Another monetary analysis of the company utilizing the offered data might be the analysis concerning the circulation of total profits of the business. Huge part of the profits of CMP comes from the sales of its released books i.e. 64% as displayed in the Case Appendix V. The business might move towards other company sectors with a prospective development to achieve its future development goal.
PESTEL Analysis
PESTEL analysis could be carried out to discover the various external forces impacting the performance of the business and the current patterns in the external environment of the company. A short PESTEL analysis of the company is offered as follows; (Alanzi, 2018).
Political.
As the publishing sector might have a considerable effect on the frame of mind of the people about the communist ideology of the federal government, for that reason, the publishing sector is extremely supervised and guided by the Promotion Department of the Communist Party of China. It could be stated that the general political forces affecting CMP company are high. The federal government policies relating to the publishing sector are also increasing with the passage of time.
Cost-effective.
Economic forces affecting the publishing sector in basic and the Barclays Libor Scandal Case Study Help in particular includesthe costs of paper, the earnings level of consumers, the inflation rate, and the total GDP development of the nation. All these forces integrate impact the demand for the publishing market. Along with it, the financial policies connected to the import of books affect the total business at CPM. China's financial conditions are rather favorable for CMP with high GDP growth and customer earnings level.
Social and Demographical.
Social and demographical forces consist of the population development, the consumer's preferences towards checking out helpful materials and so on. China has the greatest population on the planet with a high population growth, showing the increasing number of customers of the Barclays Libor Scandal Case Study Help. However, the consumer choices are moving towards digital publishing rather than the conventional was of publishing. In this regard, CMP should concentrate on digital publishing to meet the changing customer preferences.
Technological.
Technological forces impacting the CMP include the technological advancement in the reading techniques etc. Improvement of science and technology in addition to the rise of digital publishing could minimize the demand for the CMP products, if specific actions would not be taken quickly.
Environmental.
Ecological forces impacting Barclays Libor Scandal Case Study Solution consists of the concerns of environmental communities over the usage of paper in publishing books. The paper used in the books while publishing is needed to be disposable and the ink utilized while publishing ought to not be damaging for the environment.
Legal.
Legal guidelines for the publishing sector at whole are high. The legal guidelines relating to the publishing sector is controlled by the General Administration of Press and Publication. Publishing Ordinance 1997 needs the publishers to be authorized first by the Federal government to be entered in the publishing market. The regulation forbids direct participation of foreign entities and individuals in the publishing sector.
Market Analysis (Porter's 5 Forces Model).
Porter's 5 Forces Design could be used to evaluate the beauty of the publishing industry China. A quick analysis of the Porter's Five Forces is provided as follows;.
Danger of New Entrants.
Dangers of new entrants in the Chinese Publishing Industry is moderate. The potential growth in the industry tends to attract new entrants to the publishing industry. However, the presence of intense competitors and the requirement of big capital tends to demotivate new entrants to enter in the market.
Risk of Alternative.
Danger of Substitution is high for the Chinese Publishing Industry. The substitute products for the published documents is the documents provided in the digital libraries on particular sites. The changing customer preferences towards digital knowing increase the risk of substitution for the industry.
Competitive Competition.
Competitive rivalry in the publishing market is high. The presence of a great deal of customers in the Chinese Publishing Industry like CIP, PTP and so on tends to produce high competitive rivalry for CMP. In addition to it, new entrants are also entering into the marketplace increasing the competitors for CMP.
Bargaining Power of Supplier.
The significant providers of the Barclays Libor Scandal Case Study Analysis consist of the suppliers of the paper for releasing files. As CMP is the biggest publisher in the Chinese Publishing Market, therefore the overall bargaining power of provider for CMP is low.
Bargaining Power of Purchaser.
Bargaining power of purchaser in the publishing industry is high. Due to the existence of a large number of publishers in the Chinese market and the market saturation, the buyers needs high quality files at competitive costs.
Rivals Analysis.
CMP operates in a highly competitive market with the presence of large number of rivals. The company has a competitive position in the market with the highest market share in the Chinese publishing market. Major rivals of Barclays Libor Scandal Case Study Solution include;.
• Chemical Market Press (CIP).
• Posts and telecommunication Press (PTP).
Chemical Market Press (CIP).
CIPis among the close rivals of CMP. Established in the very same period, CIP publishes similar type of books. For a large time period, CIP held the largest market share, and still ranks 2nd and 3rd in different market sectors, with a significant focus on educational publications. CIP functions as a danger for CMP as it might wean its market share due to its long term competitive background. CIP is concentrated on digital publishing and might wean the marketplace share of Barclays Libor Scandal Case Study Help easily in the existing market circumstance.
Posts and telecommunication Press (PTP).
Another close competitor of CMP is PTP. It was also established in the exact same duration as CMP and CIP. It ranks sixth in the state-owned publishers in terms of company scale. It is likewise one of the popular gamers in the publishing market with an annual overall earnings of RMB 550 million in 2010.
Alternatives
Alternative-1: Broaden towards New Markets
Pros
• Minimizing reliance over the Chinese markets.
• Increasing number of Consumers
• Growth chances.
• Preventing the impact of market saturation in the Chinese publishing industry.
Cons
• Usage of potential resources in expansion.
• Risk of failure in brand-new markets.
• Time consuming.
Alernative-2: Introduce Digital Publishing
Pros
• Sustaining consumer base.
• Approaching new markets.
• Easy to present utilizing current capabilities.
• Low risk of Failure.
• Low requirement for funds.
• Increased product portfolio provides high value to customers.
Cons
• Competitors in the market by CIP, who has prior concentrate on the digital publishing.
• Shift of focus from the core company sections to the brand-new one can lead the company to lose demand of its products in the market.
Recommendations
With the deep analysis of the external and internal environment of the business along with the industry analysis and the rival analysis, Alternative 2 is advised to CMP to accomplish its future advancement. As the preferences are shifting towards digital publishing and the company require an instant service to prevent the declining industry development. Therefore, introduction of digital publishing might show to be an immediate solution with low amount of threat for the business. The business could likewise think about the growth program after the success of its digital publishing program.
Implementation
In order to introduce digital publishing in its item portfolio, the business needs to initially collects the information related to the customer demand, the possible markets, the federal government regulations and the information associated with the competitors presented in the market. After that, the company should choose one potential segment for its preliminary offering. It ought to collect research that how it might differentiate its digital publishing from the existing rivals' products. The steps above the company need to go for the preliminary offering. The company ought to go for the other markets if the initial offering proves a success. In this method the business would have the ability to execute its digital publishing program.
Conclusion
The development of the publishing market is declining considering that 2008, showing a danger to the company's long term presence, however the situation can be managed by considering an advancement strategy in the future. The business could think about presenting digital publishingin its existing market to implement its development program at immediate basis and to avoid the danger of failure for entryway in the brand-new markets.
