Optical Fiber Corporation
SWOT ANALYSIS
Environment
Fiber optics is a new technology that uses rays of light instead of electricity to transmit information over optical fibers at very high speeds. The optical fibers are usually thin strands of glass that are combined into cables and used to send information and computer data in the form of pulses of light. The optical fibers provide much clearer transmission than conventional copper cable and satellite links. The world market for optical fiber continues to grow rapidly, with shipments increasing 14 percent from an estimated 7.0 million kilometers of fiber in 1990 to approximately 8.0 million in 1991. The demand for multimode fiber is predicted to continue to expand through the mid-1990s, with some market analysts indicating that 15 to 20 percent annual growth over the next three years is reasonable. Strong demand is expected for singlemode and multimode fiber to be used in cables for local area networks, telecommunications, cable television (CATV), and transoceanic fiber-optic systems.
Industry
About 20 companies are involved in the manufacture of optical cable in the United States. It is a highly competitive industry requiring sophisticated design and engineering capabilities. As the market for optical fiber expands, copper cable manufacturers will extend their product lines to include fiber-optic cable. Facing increasing competition, these cable companies will prefer extremely responsive optical fiber suppliers. The ability of OFC to provide excellent customer service has enabled it to establish business relationships with some copper cable manufacturers.
Competition
OFC specializes in multimode fiber for data communications and telecommunications markets. The mar...
... middle of paper ...
...ld do so. Since rapid expansion of the cable industry over the past several years and a weak economy had resulted in a temporary oversupply of cable (thus, a number of good businesses were looking for buyers to avoid bankruptcy or liquidation). Industry experts estimated the cost to acquire a cable manufacturer at between $10 million and $15 million. This is quite plausible with OFC’s healthy cash position. This acquisition should occur quickly before the economy recovered and the supply of fiber optic cable came back into balance with demand. This will allow OFC to gain instant access to both single and multi-mode without the prerequisite internal R&D cycle time. It would also pose an excellent value at a time when industry firm price tags are beaten down. These features would aid OFC in protecting its existing niche while expanding into new emerging markets.
CenturyLink is one of the larger communications companies within the United States and has even expanded abroad to other countries. When analyzing the SWOT analysis for CenturyLink, I was able to identify several strengths that set them apart from their competitors. As mentioned, they are distributing services in over 20 states currently and continue to broaden services to reach more clientele. They pride themselves on exceling in data communications and network systems databases which has allowed them to become one of the desired communication companies.
In 1966, Richard M Schulze, the founder and chairman of Best Buy Co., established Sound of Music, Inc. in St. Paul Minnesota. Focusing on home and car stereo systems, Sound of Music, Inc. reached approximately $170,000 at the first-year sales. After four years, Schulze proceeded to expand his retail chain. However, in 1981, Schulze realized that there were limitations and not much of a foreseeable future in only selling audio components. Then, he expended his offerings to include appliances and VCRs. The largest and most profitable Sound of Music store was hit by a tornado. Everything had been destroyed, but storeroom. Schulze came up a quick sale plan, “Tornado Sale”, to clear the damaged and excess stock. He
"Others in the industry are dependent on subcontractors to design tools and produce parts" (R. Carlson, personal communications, December 3, 2015). Siemon designs and builds tooling to make the metal and plastic components and design and build the automation equipment that puts these components together. Siemon metal stamping, injection molding, and sheet metal forming processes are a few core competencies that are relevant in achieving the company’s future goals of manufacturing cable. These core competencies meet the requirement of the VIRO analysis which means they are valuable, rare, and imitable and a right fit for the organization. Siemon can utilize these core competencies and their manufacturing capabilities to set up a cable manufacturing division moving
Target Corporation is an American retailing company; the second- largest discount retailer next to Wal-Mart. The Target Corporation was founded in 1902 by John Dayton in Minneapolis, Minnesota. The founder of Target, opened a store located in Roseville, Minnesota in 1692 known as Dayton Dry Goods Company and has since grown becoming the leading division of Dayton Hudson Corporation, the company that later changed their name to Target Corporation in 2000. From 1692 until today, Target has expanded tremendously, having stores throughout the US, Canada and Australia. Now a day, Target Corporation has 1,797 retail stores in the United States and 127 stores in Canada, with 40 distribution centers throughout the US and Canada, totaling 361,000 team members worldwide. Their mission is to make Target the favored shopping destination for their guests by satisfying their mission statement of “Expect More. Pay Less.”
To assess the attractiveness of a new venture, Gretzky (2010) recommends the use of strengths, weaknesses, opportunities and threat (SWOT) analysis. The SWOT, identified in Table 4 presents conclusions on both the internal and external environment by matching strategy with strengths and opportunities (Thompson et al. 2016).
At the most recent strategy session, the CEO of Pegasus, Tom Oswald, and division managers of the Wireless Division decided that they would like to expand into China. Through the team’s initial research, it indicates that China is likely to develop into a profitable market for wireless. In conjunction, the government has made spending on wireless a priority as an added incentive to pursue this venture. The extreme expenses of burying communication cables make wireless the most optimum solution. Additionally, copper wires are used for the buried cables, which tends to a lucrative business to steal the copper cables and sell it in the black market.
In terms of Sales Revenue, an auditor for Telstra should focus on identifying risks in the revenue recognition and management process.
Like a lot inventions in the past two centuries, modern fibre optic cable was created for military uses. The manager for Copper Cable and Wire at the US Army Signal Corps was getting more displeased with the amount of signal loss that was due to copper cable.
Throughout the 1970s, concerted industry efforts at the federal, state and local levels resulted in continued lessening of cable restrictions. These changes, couples with cables pioneering to satellite communications technology, led to a pronounced growth of services to consumers and a substantial increase in cable subscribers.
Lewis, Peter H. "Uunet and MFS Plan to Merge As Internet Meets Fiber Optics." The New York Times. 1 May 1996. Web. 14 Sept. 2011. .
Retailing consists of the sale of goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by post, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be individuals or businesses. A "retailer" buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells smaller quantities to the end-users / consumers. Retail establishments are often called shops or stores. Retailers are at the end of the supply chain. Manufacturing
All forms of commerce will benefit from fibre optic connectivity as it will lower the cost of communication, which is a vital part of any business. New opportunity for the growth of the data market will emerge as cheaper bandwidth should translate to more users.
The oil and gas industry, today, striving to discover a harmony between climbing worldwide request and lessening assets, and keep up control and circulation of working expenses. In the oil and gas industry today, most organizations are looking to expand the productivity of their worldwide portfolios during a period of developing questionable matter. Keep up superior ¬ pleasant pussy against high expenses, high costs, and expanded rivalry were never all the more testing.
The SWOT analysis is a useful tool for identifying our personal strengths, weaknesses, opportunities, and threats to our plans and goals. According to a “Fuel My Motivation” article (2010), this analysis considers internal influences that can positively or negatively affect our ability to achieve our goals. The internal factors are our strengths and weaknesses. Also considered are opportunities and threats, which are external influences that can have a positive or negative impact on the ability to achieve our goals. I will share how the self-assessment instruments and self-exercises in this course have contributed to assessing and understanding my strengths and weaknesses. I will also discuss techniques I will use to leverage my strengths and understand my weaknesses. In addition, I will consider opportunities that I can take advantage of and the threats that can possibly impede my progress.
test whatever it's a bad effect or not. So when it used on humans, we