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Google internet
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External Factors Evaluation (EFE)
Developing Competition of Various Search Engines
There are external environmental factors that include political, macroeconomic, international, technological, and legal that can threaten Google’s business. In this executive summary, the technology and political threats will be the focus of concern that bring challenges for Google. In today’s market, the technology field is the most volatile and disruptive. Therefore, sustainable competitive advantages are not assured (MarketLine, 2013). The three key threats that can affect Google today are: 1. Developing competition of various search engines, 2. Intense competition of competitors’ mobile operating system, 3. Increasing allegations of Google’s involvement in the PRISM project.
The external technological threats to Google are competitors such as Amazon, Apple, Bing, Facebook, and Yahoo who all have a search engine capability Yahoo and Bing are the closest competitors to Google in the original search engine market. Still, Google remains the leader followed by Facebook as the dominate company in the search engine market both domestically and globally as ranked by alexa.com (Competitive Intelligence, 2014). However, being in the dominate position does not exempt Google from external factors that can bring threats to the company. According to Google’s 2013 fourth quarter results, 67% came from search engine revenue and represents a 22% increase over fourth quarter 2012 (Google Inc., 2014). As of January 2014, Google leads the U.S. search market with 67.6% market share (up 0.3 percentage points), Microsoft is at 18.2% while Yahoo reported at 10.8% (comScore, 2014). To continue to be the leading internet search engine provider, Google needs to guard i...
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...evy, A. (2014, January 2). Can Google Unite a Fragmented Smart-TV Market?. Can Google Unite a Fragmented Smart-TV Market?. Retrieved May 10, 2014, from http://www.fool.com/investing/general/2014/01/02/can-google-unite-a-fragmented-smart-tv-market.aspx
Rothaermel, F. T. (2013). Corporate Strategy: Vertical Integration and Diversification. Strategic management: concepts and cases (p. 211). Upper Saddle River, N.J.: Pearson Prentice Hall.
Rothaermel, F. T. (2013). Corporate Strategy: Vertical Integration and Diversification. Strategic management: concepts and cases (p. 220). Upper Saddle River, N.J.: Pearson Prentice Hall.
Singer, H. (2012, September 18). Who Competes With Google Search? Just Amazon, Apple and Facebook. Forbes. Retrieved May 1, 2014, from http://www.forbes.com/sites/halsinger/2012/09/18/who-competes-with-google-in-search-just-amazon-apple-and-facebook/
And finally LVMH diversification strategy (Bernard Arnault) is making acquisitions outside the company’s sector. In sector where they don’t have the “know-how” and don’t match the company Image. The current CEO (Arnault Bernard) is also the major shareholder which makes him easier to make decisions on new acquisitions
Vertical integration is when an organisation own companies on two or more levels of the buying chain. Examples of this can be found within “The Big 4,” all of them own an airline, travel agent and a tour operator. The companies have until recently used different names for their travel agency, airlines and tour operators, but now they are power branding their companies so that customers can see whom they are booking with. An example of this is TUI UK, which has rebranded its companies using the Thomson name.
3M Corporation's each division is treated as a profit center with no interdivisional business between the six divisions. The business unit strategy is to "hold" as the company wants to maintain and increase profitability and market share. In terms of corporate strategy, 3M functions as an unrelated diversified corporation with the prime goal to innovate consistently, thereby offering a...
Dess, G. G., Lumpkin, G. T., Eisner, A. B., & McNamara, G. (2012). Strategic Management: Text & Cases (6th Ed.). New York, NY: McGraw-Hill.
Pearce, J.A., & Robinson, R.B. (2013) Strategic Management: Planning for Domestic and Global Competition. (13th Ed.). Boston, MA: McGraw-Hill/Irwin. ISBN-13: 9780078029295
...ative aspects of diversification, for example through better corporate planning, human recourse management and reaching further synergies between its various business lines.
Furrer, O 2010, Corporate level strategy: theory and applications, Taylor & Francis, New York, NY.
In the horizontal integration, the company product range is from a wide clientele. That is they sell product either clothing or luxurious foods from different manufacturers. These give them the edge since the products they offer a variety for the customers to choose from, and hence they can shop less than one roof (Cole, 1997). In the vertical integration strategy, the firm will deal substantial with products from a single supplier and M&S gets the exclusive rights to deal with the product and its supply to the market. This is necessary when the company aim is to serve an identified target market which is exclusive and has the potential to sustain and grow the company substantively. These employ a tar...
Ensign PC 2004, ‘A resource based view of interrelationships among organizational groups in the diversified firms’, Strategic Change, Vol. 13. pp. 125-137.
The ease with which firms can enter into a new market or industry is a critical variable in the strategic management process. In some industries the barriers to entry are minimal. In oth...
In a world of free trade, growing competition and accessibility to foreign markets, the need for methodical market analysis and assumptions is steadily rising in today’s business environment. It is just a normal way of thinking to primarily intent to eliminate the financial before entering a new and foreign market. This suggests that enterprises have to develop an overall strategy for their business in order to gain competitive advantage and consequently market share. With the words of Michael E. Porter, professor at Harvard University and leading authority on competitive strategy, this desirable market success is indirectly linked to the individual structure of a market. The unique structure of a single market influences the strategic behaviour and the development of a competitive strategy within a firm. The competitive strategy finally decides whether a company performs successfully on the market or not. Referring to this interpretation of business success, M. E. Porter established his five forces framework that enables directives to gather useful information about the business environment and the competitive forces in industries.
Google Inc. is a company that started in 2002 and has gradually grown to become an international technology company. Google’s business is mainly focused around vital areas, like advertising, search, operating platforms and systems and platforms, hardware products and enterprise. The company produces its revenue mainly by distributing online advertising. Google also produces revenues from Motorola through selling products. The company offers its services and products in over 100 languages and in over 50 regions, territories and countries. The company assimilates various features in its search service and gives dedicated search services to aid users modify their search. Google also gives product-listing advertisements, which comprise of product information, like price, merchant information and product image without needing ad text or extra keywords.
This report will describe the history of government regulations and FTC. How that applied to Google search and personal privacy. The changes made from the settlement between Google and the FTC, the difference Google's practices and policies from before the settlement and after the settlement, and the current demands and expectations from current and vocal Google users. The report will also draw a conclusion from the findings and will determine if additional regulations are needed or if the regulations currently in place are sufficient.
Olsen, E. (n.d.). Strategic planning: Diversification. Strategic planning kit for dummies, 2nd edition. Retrieved from http://www.dummies.com/how-to/content/strategic-planning-diversification.html
Vertical integration is where a company becomes their own supplier or distributor through acquisition. Seprod uses the strategy by their acquisition of Belvedere Estate in 2006 so as to expand its dairy farm pastures to increase their supply of milk output from the dairy farming. They also use vertical integration in their subsidiary Industrial Sales Limited. This is done by making them the main distributer and marketer of their