Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Case Study: Olympus Company Olympus was a company establish and operating in Dubai for more than two decades. They were in the business of manufacturing

image text in transcribed
Case Study: Olympus Company "Olympus" was a company establish and operating in Dubai for more than two decades. They were in the business of manufacturing footwear. They focused on making formal footwear only for the males. The footwear (shoes) was priced and position for middle class income group. This footwear was given the brand name "POWER." The company was the market leader in the segment and enjoyed goodwill among its expatriates and nationals. With each passing year, profits of the company were steadily increasing. In the recently concluded board meeting at the end of the financial year, it was suggested by the CEO, Mr. John D Robert that the company should start selling in the other segments also. As a part of this long term plan, it was initially decided that the company will also target on developing and selling footwear for women and also try to reach the high income group in the society Questions for Discussion: QI .What problems do you think the company will face, when they try to sell to: The women (1) The high income group Q2. Do you think the brand name should be different for women? If yes, suggest suitable name. Q3. What strategy would you recommend for positioning the product for women? 04. What are the other segments, you think, the company should focus in future

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Green Energy Audit Of Buildings A Guide For A Sustainable Energy Audit Of Buildings

Authors: Giuliano Dall’O’

2013 Edition

1447161726, 978-1447161721

More Books

Students also viewed these Accounting questions

Question

8-6 Who poses the biggest security threat: insiders or outsiders?

Answered: 1 week ago