Intel Exploring Market Opportunities In Water Case Study Solution and Analysis
Intro
Intel Exploring Market Opportunities In Water Case Study Help is the biggest publishing company with a highest market share in the China's book retail market. CMP offers a number of services consisting of; collecting details, processing information and communication services. Major organisation sections of the company include; books, periodicals, consultancy and distribution. The company has a vast item portfolio and its major products consist of books, regulars, online media, exhibits, research reports etc. Intel Exploring Market Opportunities In Water Case Study Help has actually ended up being a specialized info provider and a large detailed Science and Innovation publishing company through the integration of print media, audio-visual media and the network media.
Vital Concerns
CMP has actually spent its 60 years journey smoothly, being a successful publishing house, nevertheless, the changing macro market patterns and forces bring certain challenges to the publishing industry in basic and Intel Exploring Market Opportunities In Water Case Study Analysis in specific. These elements consist of;
• Entryway of the brand-new publishing companies in the industry.
• Decreasing growth of the publishing market.
• Market saturation.
• Intro of digital publishing strategies
• Enhancement of science and technology.
The transformation of the macro markets have raised numerous concerns to the management at CPM that what could be the future of CMP in this situation? Do the long valuable experience, technical resources and the capabilities of the company 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
Intel Exploring Market Opportunities In Water Case Study Help has particular strengths that can be utilized to lower the threats, overcome the weakness and get the chances. Strengths of CMP are provided as follows;
• The long term experience of Intel Exploring Market Opportunities In Water Case Study Help in the publishing industry i.e. 60 years enables the business to offer high quality products at a lower expense using its prior experiences.
• The technical resources and capabilities produced by its effective journey offer a competitive advantage to CMP.
• Large item portfolioof CMP helps it to diversify its risk and offer high value to its customers.
• Strong financial position permits the business to consider several development opportunities with no fear of raising fund externally.
Weaknesses
Together with the strengths, the company has specific weaknesses which could increase restrictions for the company in executing its advancement program. The weaknesses of Intel Exploring Market Opportunities In Water Case Study Analysis are given as follows;
• Despite of being a science and innovation publishing firm, the company still has traditional methods ofpublishing which are not compatible with the growing technological shift.
• CMP extremely relies over the Chinese markets for its growth. It must propose specific expansion plans to avoid its reliance over the Chinese markets to accomplish long term development.
Opportunities
Although, the development of the publishing industry is decreasing because 2008, affecting Intel Exploring Market Opportunities In Water Case Study Help also, but the development could be restored by availing specific chances provided in the market. The market chances for CMP consist of;
• The company could likewise present Digital Publishing by utilizing its long term technical experience and a strong customer recognition in the market.
• CMP might think about a development program through the growth towards foreign markets in order to minimize its dependence over Chinese markets by using its vast financial resources.
Threats
The changing macro trends in the market and increasing competition in the publishing market has actually postured certain risks to Intel Exploring Market Opportunities In Water Case Study Analysis consisting of;( Gurel, 2017).
• Introduction of digital publishing i.e. digital libraries could result in decreasing market share of Intel Exploring Market Opportunities In Water Case Study Help due to the customer shift towards virtual libraries.
• The presence of a great deal of rivals in the publishing market increase the threat for CMP to lose its competitive position in the market, as rivals can acquire a strong customer base by utilizing specific techniques like aggressive promotion, quality products, and so on
• Entryway of new publishing companies in the market in addition to existence of high competition increases the hazard of losing the customer base.
Monetary Analysis.
Due to lack of data, the financial ratios of CMP could not be calculated. It might be analyzed from the Appendix III that the yearly total earnings of Intel Exploring Market Opportunities In Water Case Study Analysis throughout the period 2000-2012 are growing at a high development rate, showing that the annual need of the items of CMP is growing and the company is rather efficient in bring in a big number of customers at a possible cost.
Along with it, the 2nd chart which shows the annual growth in the Intel Exploring Market Opportunities In Water Case Study Help total assets, reveals that the company is quite effective in adding value to its properties through its profits. The growth in properties reveals that the overall worth of the company is also increasing with increasing the overall earnings. (Unidentified, 2013).
Another financial analysis of the business utilizing the provided data might be the analysis concerning the circulation of total revenues of the company. Major part of the profits of CMP originates from the sales of its released books i.e. 64% as shown in the Case Appendix V. The business could move towards other business sectors with a potential development to attain its future advancement objective.
PESTEL Analysis
PESTEL analysis might be carried out to discover the different external forces affecting the performance of the company and the current patterns in the external environment of the business. A quick PESTEL analysis of the business is offered as follows; (Alanzi, 2018).
Political.
As the publishing sector might have a considerable impact on the frame of mind of the people about the communist ideology of the federal government, for that reason, the publishing sector is extremely monitored and guided by the Promotion Department of the Communist Celebration of China. Therefore, it could be stated that the total political forces impacting Intel Exploring Market Opportunities In Water Case Study Solution organisation are high. The federal government policies regarding the publishing sector are likewise increasing with the passage of time.
Economical.
Economic forces impacting the publishing sector in basic and the Intel Exploring Market Opportunities In Water Case Study Analysis in particular includesthe costs of paper, the earnings level of consumers, the inflation rate, and the overall GDP development of the nation. All these forces integrate impact the need for the publishing market. Together with it, the economic policies associated with the import of books affect the overall organisation at CPM. China's financial conditions are quite beneficial for CMP with high GDP growth and consumer income level.
Social and Demographical.
Social and demographical forces consist of the population development, the customer's preferences towards checking out useful products and so on. China has the greatest population in the world with a high population development, showing the increasing variety of consumers of the Intel Exploring Market Opportunities In Water Case Study Solution. However, the customer choices are shifting towards digital publishing rather than the standard was of publishing. In this regard, CMP needs to concentrate on digital publishing to meet the altering consumer preferences.
Technological.
Technological forces affecting the CMP consist of the technological advancement in the reading strategies and so on. Enhancement of science and technology along with the rise of digital publishing might lower the need for the CMP products, if specific actions would not be taken quickly.
Environmental.
Ecological forces impacting Intel Exploring Market Opportunities In Water Case Study Solution consists of the issues of ecological neighborhoods over the usage of paper in publishing books. The paper utilized in the books while publishing is needed to be non reusable and the ink used while publishing should not be hazardous for the environment.
Legal.
Legal regulations for the publishing sector at whole are high. The legal policies relating to the publishing sector is controlled by the General Administration of Press and Publication. Publishing Ordinance 1997 requires the publishers to be approved first by the Government to be entered in the publishing market. The regulation prohibits direct participation of foreign entities and people in the publishing sector.
Industry Analysis (Porter's 5 Forces Design).
Porter's Five Forces Design could be utilized to analyze the beauty of the publishing industry China. A short analysis of the Porter's 5 Forces is offered as follows;.
Danger of New Entrants.
Threats of new entrants in the Chinese Publishing Market is moderate. The prospective development in the market tends to attract new entrants to the publishing industry. However, the presence of intense competition and the requirement of substantial capital tends to demotivate brand-new entrants to go into in the marketplace.
Threat of Replacement.
Danger of Substitution is high for the Chinese Publishing Market. The substitute items for the published files is the files presented in the virtual libraries on certain sites. The altering customer choices towards digital learning increase the hazard of substitution for the market.
Competitive Competition.
Competitive rivalry in the publishing market is high. The presence of a great deal of consumers in the Chinese Publishing Market like CIP, PTP etc. tends to produce high competitive competition for CMP. In addition to it, new entrants are also participating in the marketplace increasing the competition for CMP.
Bargaining Power of Provider.
The major providers of the Intel Exploring Market Opportunities In Water Case Study Solution consist of the providers of the paper for publishing documents. As CMP is the biggest publisher in the Chinese Publishing Market, therefore the total bargaining power of supplier for CMP is low.
Bargaining Power of Purchaser.
Haggling power of purchaser in the publishing market is high. Due to the presence of a a great deal of publishers in the Chinese market and the marketplace saturation, the purchasers requires high quality documents at competitive prices.
Rivals Analysis.
CMP operates in an extremely competitive industry with the existence of a great deal of rivals. The business has a competitive position in the market with the greatest market share in the Chinese publishing market. Significant competitors of Intel Exploring Market Opportunities In Water Case Study Solution include;.
• Chemical Industry Press (CIP).
• Posts and telecommunication Press (PTP).
Chemical Industry Press (CIP).
CIPis among the close rivals of CMP. Founded in the exact same period, CIP publishes similar type of books. For a large period, CIP held the largest market share, and still ranks second and third in numerous market segments, with a significant focus on educational publications. CIP functions as a threat for CMP as it could wean its market share due to its long term competitive background. CIP is focused on digital publishing and could wean the marketplace share of Intel Exploring Market Opportunities In Water Case Study Solution easily in the existing market situation.
Posts and telecommunication Press (PTP).
Another close competitor of CMP is PTP. It was also founded in the same period as CMP and CIP. It ranks sixth in the state-owned publishers in terms of company scale. It is also one of the popular players in the publishing market with an annual total profits of RMB 550 million in 2010.
Alternatives
Alternative-1: Broaden towards New Markets
Pros
• Reducing dependence over the Chinese markets.
• Increasing variety of Customers
• Development chances.
• Avoiding the impact of market saturation in the Chinese publishing industry.
Cons
• Use of possible resources in growth.
• Danger of failure in new markets.
• Time consuming.
Alernative-2: Present Digital Publishing
Pros
• Sustaining customer base.
• Approaching new markets.
• Easy to introduce using present capabilities.
• Low risk of Failure.
• Low requirement for funds.
• Increased product portfolio supplies high value to customers.
Cons
• Competition in the market by CIP, who has prior focus on the digital publishing.
• Shift of focus from the core organisation sectors to the new one can lead the business to lose demand of its items in the market.
Suggestions
As the choices are shifting towards digital publishing and the company need an immediate service to avoid the declining market growth. The company could also consider the growth program after the success of its digital publishing program.
Implementation
In order to present digital publishing in its item portfolio, the business should initially gathers the information connected to the consumer need, the potential markets, the government guidelines and the data associated with the competitors presented in the market. After that, the company must decide one possible section for its initial offering. It ought to gather research that how it might separate its digital publishing from the existing competitors' items. The steps above the business should go for the initial offering. The company ought to go for the other markets if the preliminary offering shows a success. In this way the company would be able to execute its digital publishing program.
Conclusion
Although, the development of the publishing market is decreasing because 2008, revealing a danger to the business's long term presence, however the situation can be managed by thinking about an advancement strategy in the future. The business might consider introducing digital publishingin its existing market to execute its advancement program at immediate basis and to avoid the threat of failure for entrance in the brand-new markets.
