Friday, May 24, 2019
Swot Analysis of Sony Corporation
SWOT depth psychology SWOT ANALYSIS OFSONYCORPORATION&L. G COMPANY STRENGHTSOfSONYCORPORATION ? Strong Brand render ? Worldwide Reputation ? High Market Share ? High Quality Products ? High Technology ? Pioneer in the Industry as Being germinal and Innovative ? Supports R&D Activites ? Diversification in Manufacturing Locations Around the World ? Ability to Provide High Motivation to Its Employees ? Loyal Customers STRENGHTS Of L. G SWOT ANALYSIS ? Market leader in domicil appliances. ? Has got manufacturing unit in tax incentive . ? Wide range of products to serveall categories. ?Widest distribution network in the industry(47barnches,10000 trade partners). ? Good after sales service offered. WEAKNESSESOFSONYCORPORATION ? Over self-confidence whichs level sometimes reaches notpaying attention to their rivals. ? Diversifications in unsuitable businesses for itself. ? They swan on their own formats. ? Competitively high prices. WEAKNESSES OF L. G ? Samsung being its competitor provi des similarproducts. ? Consumers compare L. G with Samsung its Korean rivalnotwith other global companies. ? overlook of expert operators for complex machines due toilliteracy and lack of training in India. SWOT ANALYSIS OPPORTUNITIESOFSONYCORPORATION ? Continuous growth in their sectors. ? Increasing demand in technological products around theworld OPPORTUNITIES OF L. G ? Fast growth of the home appliances market ? Shifting to rural areas ? Thus maintainingcontrol overthe marketandthe highestshare in home appliances market THREATSOFSONY CORPORATION ? Strong competiton in the market. ? Short product lifecycle. ? Imitation of brand name and technology THREATS OF L. G ? Close competitors like Samsung are compared to it. ? impairment war with Samsung. ? Competition from Indian brand and other foreign brands.
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