Question
Company x Drawbacks Expensive Products Due to their high costs, company x items can be regarded as a luxury. Consumers with middle- and high-income levels
Company x Drawbacks
Expensive Products Due to their high costs, company x items can be regarded as a luxury. Consumers with middle- and high-income levels can afford the goods. Consumers with low incomes cannot easily purchase company x items. Only those with moderate or high incomes can afford their products due to their expensive prices.
Limited Promotions & Advertising Even with constrained advertising expenditures, company x has strengthened its position through attracting devoted customers. Company x marketing strategy mainly relies on its renowned flagship stores. In contrast to other major brands like company y, d etc., company x does not feel the need to spend huge amounts of money on advertising due to their success.
Company y flaws include:
Market Share In the mobile phone market, company y has struggled to compete with market leaders like company x and v. With minimal success so far, they have made an effort to recapture their prior success using Android-related gadgets.
A weak presence in important markets Company y development potential is hampered by its weak presence in several important markets, such as the US. company y continues to pursue fresh chances and tactics to improve & enhance its position in those markets.
Despite its benefits, company z is not without flaws. Some of them are listed below:
a fierce rivalry company z is at the top of its game, yet it still faces tough competition. Additionally, compared to other brands, it confronts more tough competition in practically all of its business categories because of its diverse revenue streams, particularly in the semiconductor and consumer electronics sectors. Leading businesses like company u, v, and m, and other up-and-coming rivals are among its opponents. These firms continually challenge company z innovation, technology, pricing, and, most significantly, its market dominance.
hardly any involvement in the software and services sector The company z is incredibly skilled at producing hardware. They still fall short of rivals like company x and company b in terms of offering software and services. The company's capacity to develop a complete ecosystem has been constrained as a result. Because of this deficiency, Company z has been unable to provide its clients with more value-added services, which has a negative impact on both revenue growth and customer loyalty.
1. Recommend in details how you would address these SIX (6) Weaknesses.
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