Underwater Engineer At Intel Corporation Case Study Solution and Analysis
Introduction
Underwater Engineer At Intel Corporation Case Study Analysis is the biggest publishing company with a greatest market share in the China's book retail market. CMP provides a number of services including; gathering information, processing information and communication services. Significant service segments of the business consist of; books, regulars, consultancy and distribution. The company has a vast item portfolio and its major items include books, regulars, online media, exhibitions, research reports and so on. Underwater Engineer At Intel Corporation Case Study Solution has actually ended up being a specialized info company and a large comprehensive Science and Technology publishing business through the integration of print media, audio-visual media and the network media.
Critical Issues
Although, Underwater Engineer At Intel Corporation Case Study Solution has actually spent its 60 years journey efficiently, being a successful publishing house, nevertheless, the altering macro market trends and forces bring specific difficulties to the publishing industry in general and CMP in particular. These aspects include;
• Entrance of the brand-new publishing companies in the industry.
• Declining growth of the publishing market.
• Market saturation.
• Introduction of digital publishing methods
• Improvement of science and innovation.
The change of the macro markets have raised several questions 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 capabilities of the business could be used to pursue the future advancement unceasingly? How could the business sustain its long term competitive position in future?
Situational Analysis
Internal Analysis
SWOT Analysis
Strengths
Underwater Engineer At Intel Corporation Case Study Solution has certain strengths that can be used to reduce the risks, get rid of the weakness and obtain the chances. Strengths of CMP are provided as follows;
• The long term experience of Underwater Engineer At Intel Corporation Case Study Help in the publishing industry i.e. 60 years enables the company to offer high quality products at a lower cost utilizing its previous experiences.
• The technical resources and abilities produced by its successful journey supply a competitive benefit to CMP.
• Huge item portfolioof CMP assists it to diversify its risk and provide high value to its customers.
• Strong financial position permits the business to consider numerous development opportunities without any fear of raising fund externally.
Weak points
Together with the strengths, the company has particular weaknesses which might increase constraints for the company in implementing its advancement program. The weak points of Underwater Engineer At Intel Corporation Case Study Help are offered as follows;
• Despite of being a science and innovation publishing firm, the company still has conventional ways ofpublishing which are not compatible with the growing technological shift.
• CMP highly relies over the Chinese markets for its growth. It should propose certain growth strategies to prevent its reliance over the Chinese markets to attain long term development.
Opportunities
Although, the development of the publishing market is decreasing considering that 2008, impacting Underwater Engineer At Intel Corporation Case Study Analysis also, but the growth could be revived by availing specific opportunities provided in the market. The marketplace opportunities for CMP consist of;
• The business could likewise introduce Digital Publishing by utilizing its long term technical experience and a strong customer acknowledgment in the market.
• CMP might consider a development program through the growth towards foreign markets in order to reduce its reliance over Chinese markets by using its large funds.
Risks
The changing macro patterns in the market and increasing competitors in the publishing industry has actually positioned certain hazards to Underwater Engineer At Intel Corporation Case Study Solution consisting of;( Gurel, 2017).
• Intro of digital publishing i.e. virtual libraries could result in decreasing market share of Underwater Engineer At Intel Corporation Case Study Analysis due to the customer shift towards virtual libraries.
• The presence of a great deal of competitors in the publishing market increase the danger for CMP to lose its competitive position in the market, as rivals can get a strong customer base by utilizing specific techniques like aggressive promo, quality products, etc.
• Entrance of brand-new publishing firms in the industry together with existence of high competitors increases the hazard of losing the consumer base.
Monetary Analysis.
Due to lack of data, the financial ratios of CMP could not be calculated. It could be analyzed from the Appendix III that the annual overall profits of Underwater Engineer At Intel Corporation Case Study Help during the duration 2000-2012 are growing at a high growth rate, revealing that the annual need of the items of CMP is growing and the business is rather effective in attracting a large number of clients at a prospective rate.
Together with it, the 2nd graph which shows the yearly development in the Underwater Engineer At Intel Corporation Case Study Help total possessions, shows that the business is quite effective in including worth to its assets through its revenues. The development in possessions reveals that the overall value of the company is likewise increasing with increasing the total earnings. (Unknown, 2013).
Another financial analysis of the business using the given information might be the analysis regarding the circulation of total incomes of the business. Huge part of the revenues of CMP originates from the sales of its published books i.e. 64% as displayed in the Case Appendix V. The company might move towards other service sectors with a potential growth to achieve its future advancement goal.
PESTEL Analysis
PESTEL analysis might be carried out to learn the various external forces affecting the efficiency of the business and the current patterns in the external environment of the company. A brief PESTEL analysis of the business is provided as follows; (Alanzi, 2018).
Political.
As the publishing sector could have a considerable impact on the frame of mind of individuals about the communist ideology of the federal government, for that reason, the publishing sector is highly supervised and directed by the Publicity Department of the Communist Party of China. For that reason, it might be said that the total political forces impacting Underwater Engineer At Intel Corporation Case Study Analysis company are high. The government policies concerning the publishing sector are likewise increasing with the passage of time.
Affordable.
Economic forces affecting the publishing sector in general and the CMP in specific includesthe costs of paper, the income level of customers, the inflation rate, and the total GDP growth of the nation. All these forces combine impact the demand for the publishing market.
Social and Demographical.
The customer choices are moving towards digital publishing rather than the conventional was of publishing. In this regard, CMP ought to focus on digital publishing to meet the altering customer preferences.
Technological.
Technological forces impacting the CMP include the technological improvement in the reading strategies and so on. Enhancement of science and technology together with the rise of digital publishing might decrease the demand for the CMP items, if certain actions would not be taken quickly.
Environmental.
Environmental forces impacting Underwater Engineer At Intel Corporation Case Study Help consists of the issues of ecological communities 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 used while publishing must not be harmful for the environment.
Legal.
Legal policies for the publishing sector at whole are high. The legal regulations relating to the publishing sector is controlled by the General Administration of Press and Publication. Publishing Regulation 1997 requires the publishers to be approved initially by the Federal government to be entered in the publishing market. The regulation forbids direct participation of foreign entities and people in the publishing sector.
Market Analysis (Porter's Five Forces Model).
Porter's Five Forces Model could be used to evaluate the appearance of the publishing market China. A quick analysis of the Porter's Five Forces is provided as follows;.
Risk of New Entrants.
Threats of brand-new entrants in the Chinese Publishing Market is moderate. The prospective development in the market tends to bring in new entrants to the publishing industry. The existence of extreme competition and the requirement of big capital tends to demotivate new entrants to enter in the market.
Risk of Replacement.
Risk of Alternative is high for the Chinese Publishing Industry. The alternative products for the released files is the files presented in the digital libraries on certain websites. The altering consumer preferences towards digital learning increase the hazard of replacement for the market.
Competitive Rivalry.
Competitive competition in the publishing industry is high. The existence of large number of consumers 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 competitors for CMP.
Bargaining Power of Provider.
The major providers of the Underwater Engineer At Intel Corporation Case Study Solution consist of the suppliers of the paper for publishing files. As CMP is the largest publisher in the Chinese Publishing Market, for that reason the total bargaining power of provider for CMP is low.
Bargaining Power of Purchaser.
Bargaining power of buyer in the publishing market is high. Due to the existence of a large number of publishers in the Chinese market and the marketplace saturation, the buyers requires high quality files at competitive costs.
Rivals Analysis.
CMP runs in a highly competitive industry with the existence of large number of competitors. The business has a competitive position in the market with the greatest market share in the Chinese publishing market. Major rivals of Underwater Engineer At Intel Corporation Case Study Help consist of;.
• Chemical Market Press (CIP).
• Posts and telecommunication Press (PTP).
Chemical Market Press (CIP).
CIPis among the close competitors of CMP. Founded in the same period, CIP publishes similar type of books. For a large period, CIP held the largest market share, and still ranks 2nd and third in different market segments, with a major focus on academic publications. CIP acts as a danger for CMP as it could wean its market share due to its long term competitive background. CIP is focused on digital publishing and might wean the marketplace share of Underwater Engineer At Intel Corporation Case Study Solution quickly in the existing market situation.
Posts and telecommunication Press (PTP).
It was also established in the same period as Underwater Engineer At Intel Corporation Case Study Solution and CIP. It is likewise one of the prominent players in the publishing industry with a yearly total earnings of RMB 550 million in 2010.
Alternatives
Alternative-1: Broaden towards New Markets
Pros
• Decreasing reliance over the Chinese markets.
• Increasing variety of Consumers
• Development opportunities.
• Avoiding the effect of market saturation in the Chinese publishing market.
Cons
• Use of possible resources in growth.
• 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 utilizing existing abilities.
• Low danger of Failure.
• Low requirement for funds.
• Increased product portfolio offers high worth to clients.
Cons
• Competitors in the market by CIP, who has prior concentrate on the digital publishing.
• Shift of focus from the core business sections to the brand-new one can lead the business to lose need of its products in the market.
Suggestions
With the deep analysis of the external and internal environment of the business along with the market analysis and the rival analysis, Alternative 2 is advised to CMP to achieve its future advancement. As the choices are moving towards digital publishing and the company require an instant option to avoid the decreasing industry development. For that reason, introduction of digital publishing might prove to be an instant service with low quantity of risk for the company. The business could also think about the growth program after the success of its digital publishing program.
Implementation
In order to introduce digital publishing in its product portfolio, the company ought to initially gathers the information related to the consumer demand, the prospective markets, the federal government policies and the data related to the rivals presented in the market. If the preliminary offering shows a success, the company should go for the other markets. In this way the company would be able to execute its digital publishing program.
Conclusion
Although, the development of the publishing industry is decreasing since 2008, showing a threat to the business's long term existence, however the circumstance can be controlled by thinking about an advancement plan in the future. The company might think about introducing digital publishingin its existing market to implement its development program at immediate basis and to avoid the risk of failure for entryway in the brand-new markets.
