Two Cases briefs Case Study Example | Topics and Well Written Essays - 1000 words

Two Cases briefs - Case Study Example In this regard, it is essential to state that there is similar size of the competing firms, which are giving the same service, thus undifferentiated business strategy or service by the companies increases the competition among them as well. Threat of new entrants is medium because if any general industry launches itself then there are low barriers but in terms of a target market there are large barriers. However, it can be said that a slow industry also means that there is less chance of new entrees to emerge. The capital requirement to launch such company is low, which makes new entrees to emerge more frequently. The presence of offline matchmakers makes the threat of substitute high. There are other social networking sites like Face Book, where people are able to find their compatible mates. As there are low switching costs so people may use these traditional methods of dating more than the online match making companies. Moreover, as the company is providing an undifferentiated product so the threat is high. As magnitude of substitute products are high and there are low switching costs so it can be said that the bargaining power of buyers is high. Moreover, mostly people are more prices sensitive which makes them more inclined towards bargaining. The buyer volume is high which makes the customers dictate prices of the services. e-Harmony uses a business framework in which the customers first need to make their profile on the site. Company limits the number of results per day so that the judgment errors are reduced. There is selective filtering of the customers according to their marital status and poor personality profile. Moreover, customer’s behavior is analyzed and there are recommendation systems that provide connections to people of their self-interest. The company continues to improve their services by using Five Factor psychological model, which

Write up Essay Example | Topics and Well Written Essays - 750 words

Write up - Essay Example The focus of the company was to provide an end-to-end package of medical device contract manufacturing services. MDCM was renowned for its ability to produce highly customized versions for unique applications of specialized equipment, self designed and fabricated, used in the assembly of medical devices. MDCM is one of the largest companies in the contract manufacturing and packaging services sector of the medical devices industry. The firm’s success can highly be attributed to its close partnership with its customers that had produced tremendous customer satisfaction. MDCM’s record of winning over customers have led to its tremendous growth which allowed the company to expand and grow its geographical reach through acquisition within the country and now the company derived 40% of its revenues from eight of its largest accounts. Today despite the victory the company has achieved over the past decades, the evolving and unpredictability and high level competency in the global market, the company had announced its fifth consecutive quarterly loss with net losses amounting to thirty three million dollars. Despite the acquisition and expansion the company was not able to catch up to the global capabilities of other competitors that called for changes in growth strategy. The expansions and acquisitions could not be realized since the company has let these companies operate on their own believing that by letting these acquired companies operate on the basis of self autonomy to better cater to the local customers. Thus there was no unified system for the global MDCM Corporation that would have let it operated under one system of standard operations and procedures leading to a worst operating and profit margins. There was poor coordination since the all other companies under the corporation operates independently th at led to poorly controlled unified operations. The MDCM Inc. falls under the quadrant, responsive