Real Estate Assignment Case Study Solution and Analysis
Introduction
Real Estate Assignment Case Study Help is the biggest publishing company with a highest market share in the China's book retail market. CMP supplies a number of services consisting of; gathering details, processing details and interaction services. Major organisation sectors of the business include; books, periodicals, consultancy and distribution. The business has a vast item portfolio and its major items consist of books, regulars, online media, exhibits, research reports etc. Real Estate Assignment Case Study Solution has become a specialized info provider and a large extensive Science and Technology publishing business through the combination of print media, audio-visual media and the network media.
Vital Concerns
Although, Real Estate Assignment Case Study Analysis has invested its 60 years journey smoothly, being an effective publishing home, however, the altering macro market patterns and forces bring certain difficulties to the publishing industry in general and CMP in particular. These factors include;
• Entrance of the brand-new publishing companies in the industry.
• Declining growth of the publishing market.
• Market saturation.
• Intro of digital publishing techniques
• Enhancement of science and innovation.
The change of the macro markets have raised several concerns to the management at CPM that what could be the future of CMP in this scenario? Do the long important experience, technical resources and the capabilities of the business could be utilized to pursue the future advancement unceasingly? How could the company sustain its long term competitive position in future?
Situational Analysis
Internal Analysis
SWOT Analysis
Strengths
Real Estate Assignment Case Study Solution has specific strengths that can be made use of to lower the dangers, overcome the weakness and obtain the opportunities. Strengths of CMP are offered as follows;
• The long term experience of Real Estate Assignment Case Study Solution in the publishing industry i.e. 60 years permits the company to offer high quality products at a lower cost using its previous experiences.
• The technical resources and abilities generated by its effective journey provide a competitive advantage to CMP.
• Huge product portfolioof CMP helps it to diversify its danger and provide high worth to its clients.
• Strong monetary position enables the company to consider numerous advancement opportunities with no worry of raising fund externally.
Weak points
Together with the strengths, the business has particular weaknesses which could increase constraints for the company in executing its advancement program. The weak points of Real Estate Assignment Case Study Solution are given as follows;
• Despite of being a science and technology publishing firm, the company still has traditional ways ofpublishing which are not compatible with the growing technological shift.
• CMP highly relies over the Chinese markets for its development. It ought to propose certain growth strategies to avoid its reliance over the Chinese markets to accomplish long term development.
Opportunities
The growth of the publishing industry is decreasing considering that 2008, impacting Real Estate Assignment Case Study Analysis as well, however the growth could be revived by availing specific chances provided in the market. The market opportunities for CMP include;
• The company might likewise present Digital Publishing by using its long term technical experience and a strong consumer acknowledgment in the market.
• CMP might think about a development program through the growth towards foreign markets in order to reduce its dependence over Chinese markets by using its vast funds.
Threats
The altering macro patterns in the market and increasing competition in the publishing market has positioned particular dangers to Real Estate Assignment Case Study Analysis including;( Gurel, 2017).
• Intro of digital publishing i.e. virtual libraries could lead to decreasing market share of Real Estate Assignment Case Study Analysis due to the customer shift towards digital libraries.
• The presence of large number of rivals in the publishing industry increase the threat for CMP to lose its competitive position in the market, as competitors can get a strong consumer base by using certain strategies like aggressive promo, quality products, and so on
• Entrance of brand-new publishing companies in the market along with presence of high competition increases the risk of losing the customer base.
Financial Analysis.
Due to lack of data, the monetary ratios of CMP could not be determined. It could be evaluated from the Appendix III that the annual total earnings of Real Estate Assignment Case Study Analysis throughout the duration 2000-2012 are growing at a high development rate, revealing that the annual need of the items of CMP is growing and the company is rather effective in bring in a large number of customers at a potential price.
Together with it, the second chart which reveals the yearly growth in the Real Estate Assignment Case Study Help overall possessions, reveals that the company is quite effective in including worth to its properties through its revenues. The development in assets reveals that the total worth of the company is also increasing with increasing the overall revenues. (Unknown, 2013).
Another financial analysis of the business utilizing the offered information could be the analysis regarding the distribution of overall revenues of the business. Huge part of the profits of CMP comes from the sales of its published books i.e. 64% as shown in the Case Appendix V. The business might move towards other business segments with a possible development to accomplish its future development objective.
PESTEL Analysis
PESTEL analysis could be carried out to learn the numerous external forces impacting the efficiency of the company and the recent trends in the external environment of the company. A brief PESTEL analysis of the business is given as follows; (Alanzi, 2018).
Political.
As the publishing sector could have a significant influence on the mindset of individuals about the communist ideology of the federal government, for that reason, the publishing sector is extremely supervised and directed by the Publicity Department of the Communist Party of China. Therefore, it might be said that the general political forces impacting Real Estate Assignment Case Study Solution company are high. The federal government policies concerning the publishing sector are also increasing with the passage of time.
Economical.
Economic forces affecting the publishing sector in general and the Real Estate Assignment Case Study Solution in particular includesthe prices of paper, the earnings level of consumers, the inflation rate, and the total GDP development of the country. All these forces combine effect the need for the publishing market. In addition to it, the economic policies associated with the import of books affect the overall service at CPM. China's economic conditions are rather beneficial for CMP with high GDP development and customer earnings level.
Social and Demographical.
Social and demographical forces consist of the population development, the consumer's preferences towards checking out useful materials etc. China has the highest population on the planet with a high population growth, showing the increasing variety of consumers of the Real Estate Assignment Case Study Help. The consumer preferences are moving towards digital publishing rather than the standard was of publishing. In this regard, CMP should concentrate on digital publishing to meet the changing consumer preferences.
Technological.
Technological forces affecting the CMP include the technological advancement in the reading techniques and so on. Improvement of science and technology in addition to the increase of digital publishing might reduce the need for the CMP items, if specific actions would not be taken quickly.
Environmental.
Ecological forces affecting Real Estate Assignment Case Study Help consists of the issues of environmental communities over the use of paper in publishing books. The paper used in the books while publishing is needed to be disposable and the ink used while publishing must not be damaging for the environment.
Legal.
Legal policies for the publishing sector at whole are high. The legal policies regarding the publishing sector is managed by the General Administration of Press and Publication. Publishing Regulation 1997 requires the publishers to be authorized first by the Federal government to be entered in the publishing market. The ordinance forbids direct involvement of foreign entities and individuals in the publishing sector.
Industry Analysis (Porter's Five Forces Model).
Porter's Five Forces Design could be utilized to examine the appearance of the publishing industry China. A short analysis of the Porter's 5 Forces is offered as follows;.
Threat of New Entrants.
Hazards of new entrants in the Chinese Publishing Industry is moderate. The prospective development in the market tends to draw in brand-new entrants to the publishing market. The presence of extreme competitors and the requirement of big capital tends to demotivate new entrants to go into in the market.
Risk of Substitution.
Danger of Replacement is high for the Chinese Publishing Market. The alternative products for the published documents is the documents provided in the virtual libraries on particular sites. The changing consumer preferences towards digital learning increase the threat of replacement for the market.
Competitive Competition.
Competitive competition in the publishing industry is high. The existence of a great deal of customers in the Chinese Publishing Market like CIP, PTP etc. tends to produce high competitive competition for CMP. Together with it, brand-new entrants are likewise entering into the marketplace increasing the competition for CMP.
Bargaining Power of Provider.
The major suppliers of the Real Estate Assignment Case Study Analysis include the suppliers of the paper for releasing documents. As CMP is the biggest publisher in the Chinese Publishing Market, for that reason the total bargaining power of provider for CMP is low.
Bargaining Power of Buyer.
Haggling power of purchaser in the publishing industry is high. Due to the existence of a a great deal of publishers in the Chinese market and the market saturation, the buyers requires high quality files at competitive prices.
Competitors Analysis.
CMP runs in an extremely competitive market with the existence of large number of rivals. The business has a competitive position in the market with the greatest market share in the Chinese publishing market. Significant competitors of Real Estate Assignment Case Study Help consist of;.
• Chemical Industry Press (CIP).
• Posts and telecommunication Press (PTP).
Chemical Market Press (CIP).
CIPis among the close rivals of CMP. Founded in the exact same period, CIP releases similar kind of books. For a large period, CIP held the biggest market share, and still ranks third and second in numerous market segments, with a major focus on instructional 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 Real Estate Assignment Case Study Solution quickly in the present market situation.
Posts and telecommunication Press (PTP).
It was also founded in the exact same duration as Real Estate Assignment Case Study Analysis and CIP. It is also one of the prominent gamers in the publishing industry with an annual total earnings of RMB 550 million in 2010.
Alternatives
Alternative-1: Broaden towards New Markets
Pros
• Minimizing dependence over the Chinese markets.
• Increasing number of Clients
• Development chances.
• Preventing the impact of market saturation in the Chinese publishing market.
Cons
• Use of potential resources in expansion.
• Threat of failure in new markets.
• Time consuming.
Alernative-2: Introduce Digital Publishing
Pros
• Sustaining consumer base.
• Approaching brand-new markets.
• Easy to present utilizing current abilities.
• Low threat of Failure.
• Low requirement for funds.
• Increased item portfolio supplies high value to customers.
Cons
• Competitors in the market by CIP, who has prior focus on the digital publishing.
• Shift of focus from the core business sectors to the new one can lead the company to lose demand of its items in the market.
Suggestions
As the preferences are shifting towards digital publishing and the business require an instant option to avoid the declining industry growth. The company could likewise think about the expansion program after the success of its digital publishing program.
Implementation
In order to present digital publishing in its item portfolio, the company must first collects the information connected to the consumer demand, the prospective markets, the federal government policies and the data related to the competitors provided in the market. After that, the business should choose one potential segment for its initial offering. It must gather research that how it could separate its digital publishing from the existing rivals' items. The steps above the company need to go for the preliminary offering. The business must go for the other markets if the preliminary offering proves a success. In this way the company would have the ability to implement its digital publishing program.
Conclusion
The development of the publishing industry is declining considering that 2008, showing a danger to the company's long term presence, but the scenario can be managed by considering an advancement plan in the future. The business could consider presenting digital publishingin its existing market to implement its development program at immediate basis and to prevent the risk of failure for entrance in the brand-new markets.
