Case Analysis of Staples, Inc., Study Example | Topics and Well Written Essays - 1000 words

Analysis of Staples, Inc., - Case Study ExampleFurthermore, this paper result hold back framing strategy that may help the cockeyed to deal with all the doers in order to turn over its goal efficiently and smoothly (Fred, 2009). Analysis out-of-door Factor military rank (EFE) EFI is considered to be the strategic governing body tool often used by all system of rules to assess current business mark off of the firm. It is considered to be an important process as the end result helps the firm to visualize the threat and learn all the opportunities that tends to arise. In accordance to case the EFI of Staple Inc. is stated below Figure 1 External Factor Evaluation (EFE) of Staple Inc. On the basis of the above mentioned figure, it can be stated that the factor of low currency value offers an opportunity for the company as the export policies of the government would be change or directed to increase the foreign currency in the country. Such initiatives of the government would provide the brass with an opportunity to smash its business. The companys strategy of diversifying its business and creating new products has also offered it with an opportunity to expand its product and service line and effectively meet the needs of discriminating customers. Moreover, the crisis in the economic fountain would help the organization in terms of brand awareness as foreign company would be reluctant to invest in such economic condition. Consequently, the organization will be able to force large base of customers. The factor of the firm size can also be considered as a positive factor as it helps in creating brand awareness as well as it will act as a barrier for new entry of firm (Meredith, Forest & Fred, 2009 Fred, 2009). On the other(a) hand, the increasing competition due to the entry of new firms in the industry has imposed significant threat. The firm is further unable to penetrate into the local market as it is primarily focus on skirmish the public needs. Moreover, frequent change in the government policies has strongly deterred the ability of the organization to expand its business. another(prenominal) important threat factor includes constant innovation in engineering. The rapid advancement in technology has resulted in rapid obsolescence which has further contributed towards increased costs for the organization (Meredith, Forest & Fred, 2009 Fred, 2009). intimate Factor Evaluation (IFE) IFE consists of all the factors that relates directly or indirectly to the organizations functioning. The main motive behind evaluating the internal factor of an organization is to major weakness and the strength that exist in the operating area of a business. The IFE of Staple Inc. is represented below. Figure 2 Internal Factor Evaluation (IFE) of Staple Inc. On the basis of the above illustration, i.e. Internal Factor Evaluation (IFE), it can be asserted that the factor of being one of largest distributor of stead goods acts as an opportunity for the firm. Moreover, its stable financial position has also contributed towards smooth functioning of its business operations. Additionally, the marketing and advertisement activities executed by the firm have significantly benefited it to attain increased brand awareness and has further facilitated in seeking greater competitiveness. At the same time, large number of retail stores locate at different locations