INTERNATIONAL BUSINESS
LJUBLJANA, 5TH MARCH 2013
1.
PERFORM A SWOT ANALYSIS FOR KL.
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. By definition, Strengths (S) and Weaknesses (W) are considered to be internal factors over which you have some measure of control. Also, by definition, Opportunities (O) and Threats (T) are considered to be external factors over which you have essentially no control.
2. FROM
THE
KL'S STANDPOINT, HOW WOULD YOU SEGMENT THE POTENTIAL
MARKET FOR ANTI-VIRUS PRODUCTS? EVALUATE KL'S PERFORMANCES IN EACH OF THE SEGMENTS.
Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs and applications
…show more content…
On the other hand, those who are not interested in the issue, the most important thing to do is attract them by the efficiency of the product in order to promote is the company quality and highlight their competence. This segment may become the most important target market. There is also the possibility of create another segment of the market composed of the users who do not care about quality and seek only for free products. Thus, knowing that Kaspersky Lab has only trial versions of free antivirus, would be a good bet investing in this market to attract this target population. As the text says, the company provides a great working environment in every city it is settled, suiting their marketing strategy according to the different countries (different segments). The fact that the firm has incredible reputation in many countries means that they are aware of each kind of client’s expectations (each segment). 3. DID KL'S RUSSIAN ORIGIN LEAD TO AN ADVERSE PERCEIVED IMPACT ON ITS BRAND
IMAGE?
WHAT WERE SOME OF THE ACTIVITIES KL DID TO ENHANCE ITS BRAND COO? WHAT OTHER ACTIVITIES WOULD YOU
AND OVERCOME THE NEGATIVE
SUGGEST TO STRENGTHEN ITS BRAND GLOBALLY?
KL (Kaspersky Lab) is a company headquartered in Russia that provides information technology (IT) security software such as anti-virus, anti-spam and network security software to protect computer users against viruses, hackers and spam. This company became Russia’s
Market segmentation is where marketers split the market into groups with similarities that would make it easy to target their product to the consumers, if they
SWOT, which stands for strengths, weaknesses, opportunities and threats, is an analytical framework that can help your company face its greatest challenges.
What Is Market Segmentation? Market segmentation is a way of dividing the market into groups of consumers/customers which share similar features
According to Horner and Swarbrooke (2005: 39), Segmentation may be defined as the process of dividing a whole market into subgroups or segments for marketing management purposes. Market segmentation is the division of the overall market for a service into various categories with common characteristics. In response to different segments, organisations facilitate the available resources to achieve greater efficiency, in order to satisfy specific needs of customers.
“SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. By definition, Strengths (S) and Weaknesses (W) are considered to be internal factors over which you have some measure of control. Also, by definition, Opportunities (O) and Threats (T) are considered to be external factors over which you have essentially no control. SWOT Analysis is the most renowned tool for audit and analysis of the overall strategic position of the business and its environment. Its key purpose to
What is the SWOT? SWOT stands for; Strengths, Weaknesses, Opportunities, Threats. SWOT is an analysis technique to look at business; look at where their strengths are and where their company is weak at and what are there opportunities and last what their businesses pose a threat.
NPO leaders and boards of directors must understand the internal and external forces that influence success. One standard tool for understanding and positioning the organization for overall improvement is the Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis. (NCU, 2016) According to Weese (2009), a SWOT analysis is an honest evaluation of the strengths, weaknesses, opportunities, and threats inherent in a given situation (Weese, 2009, p. 265). It involves specify the object of the project and identify the internal and external factors.
Market segmentation: The process of dividing a market into distinct groups of buyers who might require separate production or marketing mixes (Wells, Burnett, & Moriarty, 2006).
In order to market the product into the market successfully, marketers need to have some marketing strategy to enter the desired market and make profit. Market segmentation is the process of dividing a market into subsets of consumers with common needs or characteristics (Schiffman et al., 2011). Understanding the market size and segmentation is valuable, but the keys to effective targeting is to know just how valuable specific consumer groups are, and being able to quantify the impact of consumer trends ( Berry, 1999).
Used in a business context, it helps you carve a sustainable niche in your market
The main issue is: The product manager is having a difficult time to create a finalized marketing plan for Sony’s new VAIO laptops. The heart of the issue is the manager can doesn’t know which segment to target for the VAIO; due to, too much information. In December Sony encourage to all product managers to use a new corporate study that segmented consumers on a global level. The important question for the product manager, is does this global research help me better understand the consumers in China? And if yes, does it give more knowledge of the segmented groups in China that I can target for
SWOT is an acronym that simply stands the strength, the weaknesses, the opportunities available and the threats that the company faces. Every business organization or entity always has its points of strength, its weaknesses in terms of how it conducts its businesses. Furthermore, there are always opportunities that are available to any company in addition to those factors or issues that the company faces which are threats to the success of the business. From the case of Harley Davidson, there are various strengths, weaknesses, opportunities and threats that the company faced throughout its operations.
SWOT analysis covers the strengths, weaknesses, opportunities & threats which a company is facing in its internal & external environment. Strengths & weaknesses fall under the internal environment of the company and opportunities & threats fall under the
SWOT stands for strengths, weaknesses, opportunities, and threats (Ferrell and Hartline, 2014, p. 39). A SWOT analysis evaluates both the internal factors (strengths and weaknesses) and external factors (opportunities and threats) that create advantages and disadvantages to a company when serving its customers (p. 39). A SWOT analysis is extremely beneficial in helping a company determine areas of improvement (p. 39). Internal factors examine the actual company being analyzed while external factors examine the external market (customers and competition) (p. 85).
Market segmentation was to dividing a market into distinct groups of buyers with different needs, charactistics or behaviour who might require separate products or marketing mixes, the company will first