PEST analysis of overstock.com PEST analysis looks at the Political, Economic, Social a well as the Technological aspects that help shape the overall marketplace within which several businesses operate (Strategic Management Insight, 2014)
The Great Recession has set back their entry into the labor force, but they are more upbeat than their elders about their own economic futures and the overall state of the nation. And they are the first "always connected" generation, steeped in digital technology and social media (Millennials: Confident. Connected. Open to Change, 2010)
The new set-up page seems more designed to pry this privacy from you than give you access to the new, and excellent, controls that Facebook has put in place. What gets me about the page is that it doesn't seem to be designed for the users of the service (Needleman, 2009)
According to one article "ten advocacy groups are want the social network to do more. The groups are asking for six additional privacy changes, ranging from providing a more secure user connection to the Facebook site, to giving you more control over how third-party apps access your data (Paul)
Big-name advertisers are drooling over millions of young, affluent consumers who are spending more time on their online profiles than in front of TV and movie screens. They are particularly smitten with the prospect of tailoring ads to people's specific interests (Swartz, 2008
(Aguilar, 1967 in: Choo, 2001) Environment scanning has the objectives as follows: (1) detection of scientific, economic, social and political trends and events important to the institution; (2) definition of the potential threats, opportunities, or changes for the institution implied by those trends and events; (3) promotion of a future orientation in the thinking of management and staff; and (4) alerting management and staff to trends that are converging, diverging, speeding up, slowing down or interacting. (Morrison, 1992 in Choo, 2001) The conceptual framework for the environmental scan is aligned with the following strategies and dimensions
The majority of Targets are located within a 10-mile radius of their major competition. (Lydersen, 2006) Organizational Strategies Target has signed agreements with top designers to sell the designer items at prices that are affordable and under a name that has been agreed upon
Environmental Scan An environmental scan is defined as a way to "understand the external environment and the interconnections of its various sectors and to translate this understanding into the institution's planning and decision-making processes." (Choo, 2001) Environmental scanning is defined in the work of Brown and Weiner (1985) as a "kind of radar to scan the world systematically and signal the new, the unexpected, the major, and the minor
China is one of the growing markets that the company should address in a more aggressive manner. Certain Chinese polls and surveys place Jeep in the top 5 most preferred American brands (Highfill et al
Business Strategy -- Kudler Fine Foods As companies grow a build customers bases and increase services to meet these demands there is a need to enhance information technologies to continually "Strategic management involves major decisions, business choices and actions that chart the course of the entire enterprise" (Gomez-Mejia et al
It identifies the pros and cons of major internal and external factors that presently impact Kudler Fine Foods. The two main tactics to strategic information systems are externally and internal focused-driven (Turban et al
Unlike larger size companies however, which possess wider financial resources, the smaller size companies possess fewer financial resources and are as such less capable to integrate the latest technological developments in their operations. These entities as such seek more cost efficient solutions and one such example is represented by the SEO optimization of their websites (Vendorland)
Apple has also relied heavily on the use of digital camera technology, video streaming, messaging protocol support and the ability to capture, edit and publish videos in real-time (Raphael, 2010). The end game for Apple in the smartphone market is to continually fuel the economics of the iTunes ecosystem by having platforms (like the iPhone and iPads) that can function as video production and viewing devices (Allen, 2010)
In conclusion, the smartphone and tablet markets have now eclipsed the traditional PC markets globally and will continue to accelerate as disruptive innovation dominates this industry (Voight, 2010). As Apple continues to pursue an aggressive closed architecture strategy, over time Google will most likely create a more compelling value proposition for developers, as they will have greater freedom to define, implement and market their applications on the Google smartphone operating system (Anthony, 2010)
Apple, Google, Microsoft, Nokia, Research in Motion (RIM) and many others are all vying for a large share of the smartphone market, each taking a unique approach with their applications and operating system strategy (Brady, Miller, 2010). While Apple has an early lead in this market, Google and Microsoft have both defined mobile computing initiatives including operating systems and application support as their primary priorities for the long-term (Arnold, 2011)
EV-DO and 4G technologies allow a smartphone or tablet PC to be used anywhere without regard to a Wi-Fi connection being available or not. Apple, Google, Microsoft, Nokia, Research in Motion (RIM) and many others are all vying for a large share of the smartphone market, each taking a unique approach with their applications and operating system strategy (Brady, Miller, 2010)
Smartphone Market Environmental Analysis Wireless technologies, hardware platforms and the operating systems enabling them are the most disruptive series of innovations influencing how people, companies, organizations and entire nations communicate (Bradley, 2010)
Smartphone Market Environmental Analysis Wireless technologies, hardware platforms and the operating systems enabling them are the most disruptive series of innovations influencing how people, companies, organizations and entire nations communicate (Bradley, 2010)
The end game for Apple in the smartphone market is to continually fuel the economics of the iTunes ecosystem by having platforms (like the iPhone and iPads) that can function as video production and viewing devices (Allen, 2010). Approximately one of every three dollars that Apple generates in profits is directly tied to an iTunes transaction or device experience (Chartier, Moren, 2011)
North America is considered to have the fastest growing market for both products and services during the forecast period. Table 1: Global Smartphone Product and Services Revenue Forecast (Dollars in Billions) 2010 2011 2012 2013 2014 CAGR Europe $10,224 $13,637 $17,350 $21,687 $25,571 26% Asia-Pacific $11,880 $16,766 $21,013 $25,363 $28,921 25% North America $1,342 $2,823 $5,009 $8,526 $12,379 74% TOTAL $23,446 $33,226 $43,372 $55,576 $66,871 30% Source: Ovum Research based on studies of the following sources: (Caulfield, 2010) (Chartier, Moren, 2011) (Jaroslovsky, 2010) (Vickers, Frey, 2010) (Arnold, 2011) The competitive rivalry within the smartphone market environment aligns well with the core concepts of the Porter Five Forces Model