Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Solution and Analysis
Introduction
Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis is the largest publishing business with a greatest market share in the China's book retail market. CMP supplies a number of services consisting of; collecting details, processing info and communication services. Major company sections of the company include; books, regulars, consultancy and circulation. The business has a large item portfolio and its major items consist of books, periodicals, online media, exhibits, research reports and so on. Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Help has become a specialized details company and a big comprehensive Science and Innovation publishing business through the integration of print media, audio-visual media and the network media.
Critical Issues
CMP has invested its 60 years journey efficiently, being a successful publishing house, however, the changing macro market trends and forces bring particular obstacles to the publishing industry in general and Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Help in particular. These aspects consist of;
• Entrance of the brand-new publishing firms in the market.
• Decreasing growth of the publishing market.
• Market saturation.
• Intro of digital publishing strategies
• Enhancement of science and technology.
The improvement 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 valuable experience, technical resources and the abilities of the business could be used to pursue the future development unceasingly? How could the business sustain its long term competitive position in future?
Situational Analysis
Internal Analysis
SWOT Analysis
Strengths
Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis has certain strengths that can be made use of to reduce the hazards, conquer the weakness and obtain the opportunities. Strengths of CMP are given as follows;
• The long term experience of Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis in the publishing industry i.e. 60 years enables the company to supply high quality items at a lower cost utilizing its prior experiences.
• The technical resources and capabilities generated by its effective journey offer a competitive advantage to CMP.
• Large product portfolioof CMP helps it to diversify its danger and supply high worth to its customers.
• Strong financial position allows the business to think about several development chances without any fear of raising fund externally.
Weaknesses
Together with the strengths, the business has specific weak points which could increase restraints for the company in implementing its development program. The weak points of Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Solution are offered as follows;
• Despite of being a science and innovation publishing company, the business still has traditional ways ofpublishing which are not compatible with the growing technological shift.
• CMP extremely relies over the Chinese markets for its development. It needs to propose specific growth strategies to avoid its reliance over the Chinese markets to achieve long term growth.
Opportunities
The growth of the publishing market is decreasing given that 2008, impacting Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Solution as well, however the growth could be revived by availing specific opportunities presented in the market. The marketplace opportunities for CMP consist of;
• The business might also introduce Digital Publishing by utilizing its long term technical experience and a strong client acknowledgment in the market.
• CMP might consider an advancement program through the growth towards foreign markets in order to minimize its reliance over Chinese markets by using its vast financial resources.
Threats
The changing macro patterns in the market and increasing competition in the publishing market has presented particular threats to Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Solution consisting of;( Gurel, 2017).
• Introduction of digital publishing i.e. virtual libraries might result in declining market share of Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis due to the customer shift towards digital libraries.
• The existence of large number of rivals in the publishing market increase the danger for CMP to lose its competitive position in the market, as competitors can gain a strong customer base by utilizing particular techniques like aggressive promotion, quality items, etc.
• Entryway of brand-new publishing firms in the market together with existence of high competition increases the threat of losing the client base.
Financial Analysis.
Due to lack of information, the financial ratios of CMP could not be computed. It might be examined from the Appendix III that the yearly total revenues of Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis during the duration 2000-2012 are growing at a high development rate, revealing that the yearly demand of the products of CMP is growing and the company is rather efficient in bring in a big number of clients at a potential rate.
In addition to it, the second chart which shows the annual growth in the Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis total assets, shows that the company is rather effective in adding worth to its assets through its profits. The growth in properties reveals that the total value of the company is also increasing with increasing the overall incomes. (Unidentified, 2013).
Another monetary analysis of the business using the provided information could be the analysis concerning the distribution of overall profits of the business. Huge part of the incomes of CMP originates from the sales of its published books i.e. 64% as shown in the Case Appendix V. The business might move towards other organisation sectors with a potential development to achieve its future advancement objective.
PESTEL Analysis
PESTEL analysis could be conducted to discover the various external forces impacting the efficiency of the business and the current patterns in the external environment of the company. A brief PESTEL analysis of the company is provided as follows; (Alanzi, 2018).
Political.
As the publishing sector might have a significant impact on the mindset of the people about the communist ideology of the federal government, therefore, the publishing sector is extremely supervised and assisted by the Promotion Department of the Communist Party of China. It could be stated that the overall political forces impacting CMP service are high. The federal government policies relating to the publishing sector are likewise increasing with the passage of time.
Affordable.
Economic forces affecting the publishing sector in basic and the CMP in specific includesthe rates of paper, the earnings level of customers, the inflation rate, and the overall GDP development of the country. All these forces integrate impact the demand for the publishing market.
Social and Demographical.
Social and demographical forces include the population growth, the consumer's choices towards checking out informative materials etc. China has the greatest population worldwide with a high population growth, revealing the increasing variety of customers of the Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Solution. However, the customer preferences are moving towards digital publishing rather than the standard was of publishing. In this regard, CMP needs to concentrate on digital publishing to meet the changing consumer preferences.
Technological.
Technological forces impacting the CMP include the technological improvement in the reading strategies and so on. Improvement of science and innovation together with the increase of digital publishing could minimize the need for the CMP items, if certain actions would not be taken soon.
Environmental.
Environmental forces affecting Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis consists of the issues of environmental neighborhoods over the usage of paper in publishing books. The paper used in the books while publishing is needed to be non reusable and the ink utilized while publishing needs to not be harmful for the environment.
Legal.
Legal policies for the publishing sector at whole are high. The legal policies regarding 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 Federal government to be entered in the publishing market. The ordinance forbids direct involvement of foreign entities and people in the publishing sector.
Industry Analysis (Porter's 5 Forces Design).
Porter's 5 Forces Model could be used to examine the beauty of the publishing market China. A short analysis of the Porter's Five Forces is provided as follows;.
Risk of New Entrants.
Risks of new entrants in the Chinese Publishing Market is moderate. The prospective development in the industry tends to attract brand-new entrants to the publishing market. The existence of extreme competitors and the requirement of big capital tends to demotivate brand-new entrants to enter in the market.
Hazard of Replacement.
Risk of Replacement is high for the Chinese Publishing Industry. The substitute products for the published documents is the files provided in the virtual libraries on certain websites. The changing customer preferences towards digital learning increase the threat of substitution for the industry.
Competitive Rivalry.
Competitive competition in the publishing industry is high. The presence of large number of consumers in the Chinese Publishing Market like CIP, PTP and so on tends to produce high competitive competition for CMP. In addition to it, brand-new entrants are also entering into the marketplace increasing the competitors for CMP.
Bargaining Power of Supplier.
The major suppliers of the Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Analysis consist of the suppliers of the paper for publishing documents. As CMP is the biggest publisher in the Chinese Publishing Market, therefore the total bargaining power of provider for CMP is low.
Bargaining Power of Buyer.
Negotiating power of buyer 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.
Competitors Analysis.
CMP runs in an extremely competitive industry with the existence of a great deal of competitors. However, the business has a competitive position in the market with the highest market share in the Chinese publishing market. Significant competitors of Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Solution include;.
• Chemical Market Press (CIP).
• Posts and telecommunication Press (PTP).
Chemical Industry Press (CIP).
CIP acts as a danger for CMP as it might wean its market share due to its long term competitive background. CIP is focused on digital publishing and could wean the market share of CMP quickly in the present market scenario.
Posts and telecommunication Press (PTP).
It was likewise founded in the exact same period as Stuyvesant Town Peter Cooper Village Americas Largest Foreclosure 4 Case Study Solution and CIP. It is also one of the prominent gamers in the publishing industry with a yearly overall profits of RMB 550 million in 2010.
Alternatives
Alternative-1: Expand towards New Markets
Pros
• Decreasing reliance over the Chinese markets.
• Increasing number of Customers
• Growth chances.
• Avoiding the effect of market saturation in the Chinese publishing market.
Cons
• Usage of possible resources in expansion.
• Risk of failure in brand-new markets.
• Time consuming.
Alernative-2: Present Digital Publishing
Pros
• Sustaining customer base.
• Approaching brand-new markets.
• Easy to present using current capabilities.
• Low danger of Failure.
• Low requirement for funds.
• Increased item portfolio provides high worth to consumers.
Cons
• Competition in the market by CIP, who has prior concentrate on the digital publishing.
• Shift of focus from the core organisation segments to the new one can lead the company to lose need of its items in the market.
Recommendations
As the choices are shifting towards digital publishing and the company require an instant solution to avoid the decreasing industry growth. The business might likewise consider the growth program after the success of its digital publishing program.
Application
In order to present digital publishing in its item portfolio, the business should initially gathers the data related to the customer demand, the potential markets, the government policies and the data related to the competitors presented in the market. After that, the company needs to choose one possible section for its initial offering. It needs to gather research study that how it could differentiate its digital publishing from the existing competitors' products. The steps above the business need to go for the preliminary offering. If the initial offering shows a success, the business ought to choose the other markets. In this method the business would have the ability to implement its digital publishing program.
Conclusion
Although, the growth of the publishing industry is decreasing considering that 2008, revealing a risk to the business's long term existence, however the situation can be controlled by considering a development plan in the future. The company could think about presenting digital publishingin its existing market to implement its advancement program at immediate basis and to avoid the risk of failure for entrance in the new markets.
