Question
Below is a SWOT analysis for C&C Sports Strengths: Domestic Production: C&C Sports' decision to remain a domestic producer is a strength as it allows
Below is a SWOT analysis for C&C Sports
Strengths:
Domestic Production: C&C Sports' decision to remain a domestic producer is a strength as it allows the company to have better control over product quality and quick delivery to the local market.
Product Range: The company manufactures a variety of athletic uniforms, including baseball jerseys, pants, and letter award jackets, which provides diversity in its product offerings.
Increasing Profits: Despite facing financial challenges, C&C Sports has managed to increase its net income over the years, demonstrating its ability to generate profits.
Customer Focus: The company emphasizes quick delivery and fast customer response, which can enhance customer satisfaction and loyalty.
Weaknesses:
Cash Flow Issues: C&C Sports has experienced declining cash flow from operations and an increase in inventory, indicating potential working capital management weaknesses.
High Inventory: The increase in inventory may be a sign of overproduction or the accumulation of obsolete inventory, which can tie up financial resources.
Opportunities:
Market Expansion: There is an opportunity to expand beyond the local Texas market and tap into a broader customer base, possibly by leveraging the internet as a sales channel.
Cost Optimization: C&C Sports can explore ways to optimize costs, particularly in the areas of manufacturing and supply chain, to improve profitability.
Customization: As consumers are willing to pay for high-quality and durable uniforms, offering customization options could be a competitive advantage.
Threats:
Competition from Imports: The threat of competition from imported athletic uniforms, especially those from countries with lower labor costs, can put pressure on pricing and market share.
Economic Conditions: Economic downturns can affect consumer disposable incomes and impact the demand for athletic uniforms.
Debt Management: The practice of trading long-term debt for short-term debt may lead to financial instability if the terms of short-term debt become less favorable.
Declining Baseball Participation: The gradual decline in the number of people playing baseball could affect the market for baseball uniforms, necessitating diversification or strategic shifts.
Industry Trends: The industry trend of moving manufacturing operations overseas for cost savings could pose a long-term threat to domestic producers like C&C Sports.
References
Davis C. E., & Davis E. (2020).Managerial Accounting, Enhanced eText(4th ed.). John Wiley & Sons. ISBN-13: 9781119577669
https://read.wiley.com/books/9781119577638/page/7/section/top-of-page
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