Managing business performance & IT Case Study Example | Topics and Well Written Essays - 3250 words

Managing business performance & IT - Case Study Example1. Current inclination of the family to explore only opportunities that are not considered profitable for the large organizations. Propensity to niche-market only instead of aggressively competing in the market for a bigger market share.2. button-down (in contrast to aggressive) marketing strategies, relying mainly for repeat sales on quality of its products and on its competitive pricing strategy with its related value flexibility sharp2. Profit maximization as a result of faster turn-over of products and service opportunities brought about by a likely sales increase due to change magnitude access to company products and services by existing and prospective clients5. Potential inability to respond quickly and appropriately to a fast-changing, technologically driven developments in the industry which might make the company become a mere industry follower instead of becoming an industry leader a price taker instead of becomi ng a price leader.Porters Five Forces is a business analysis tool that is focused on the industry with which the hard or the company operates. Accordingly, a chief executive must use this business tool in order to analyze how his company fares well in spite of appearance the industry, and the analysis is contextualized given the peculiarities of the industry within which it operates. The framework of analysis, developed by Michael Porter, indicates the five forces which Porter claimed to be influencing the behavior of a particular company. These forces are provider power, buyer power, barriers to entry, threat of substitutes, and degree of rivalry (Porter, 1998).The facts of the case that were given were quite limited to do a comprehensive analysis of the industry with which the company operates. As such the analysis using Porters Five Forces is quite limited to the facts that were given, plus certain assumptions and educated guess works.According to the given facts of the case, t he company has a good working