Porter's 5 Forces analysis of Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry Case Analysis
Home >> Stanford Business School >> Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry >> Porter's 5 Forces analysis
Porter's 5 Forces analysis of Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry Case Study Solution
A Porter's 5 Forces analysis of Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry Case Solution could be conducted to design different methods utilizing the strengths of the company to get chances, get rid of weaknesses and to reduce the hazards. It could likewise be used to examine that how certain weaknesses resist specific chances and increase the dangers. The techniques prepared utilizing the Porter's 5 Forces analysis of Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry Case Solution are provided as follows;
• Usage of strong global brand name position and funds in expanding towards possible markets.
• Special brand experience could assist the business to much better position itself in brand-new markets.
• Resistance in expansion in the prospective international markets encouraging variety.
• High rates restricts the growth in numerous Asian and African countries with low per capita income.
• Strong brand recognition, non-traditional methods of marketing and the distinct brand experience might be utilized to minimize the hazard from possible customers.
• Rigorous appearance policies might led to the consumer shift towards Victoria with high social duty.
• Limited target audience could resulted in a decrease in the overall market share of the company.
These strategies might assist the business to improvise its market position and be at the leading position in the market.
Financial Analysis
Financial analysis for Porter's 5 Forces analysis of Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry Case Help could be performed to assess the schedule of financial resources to the business that might be used in growth towards global markets. The financial position of the business might be evaluated by utilizing the information given up the case Exhibition 1. The ratios that could be thought about in monetary efficiency analysis are given in the Table 1 below;
From the above Table 1, it could be seen that the company has a sensible financial performance with a ROE of 7.9% and a high sales development of 18.4%. Although, a 4.3% net earnings margin does not seems to be prospective and the company should put efforts in increasing its revenues in addition to decreasing its functional expenses to increase its revenue margins.
Porter's 5 Forces analysis of Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry Case Help
Segmentation
The division analysis includes the analysis of numerous company segments of the company in domestic and the global, markets. Most of the business's Brick and Mortar shops lie in United States consisting of above 500 shops in nearly each of the state of United States. The company has likewise an international existence in 8 different nations with its greatest number of stores situated in United Kingdom i.e. 21. The companyhas a total of 54 stores in global markets that is most likely the 10% of its shops in the US. It implies that bulk of the revenues of the company come from the regional markets. Moreover, the company is thinking about to broaden its shops into 7 more European and Asian countries. A chart showing the presence of the company in various worldwide markets is given up the Appendix 2.
Targeting
The business targets its clothes brand name to the young, tall and attractive teenagers and kids that are thought about to be cool. This targeting policy is responsible for different distinctions in the company related to its rivals. The business works with great looking guys and women for its shops and follows a rigorous appearance policy to keep attraction of good-looking people towards its shops and offer a special brand name experience.
Positioning
The company has actually positioned its brand as a high-end brand name targeting just a particular market segment. The business with its non-traditional ways of marketing through models and representatives posters its brand image as a high-end clothes brand name targeted to the cool and attractive characters in society. Although, this market position draws in numerous elite people towards the brand but it harms the company's position in numerous communities focused at the equality in society.
External Analysis
Competitor Analysis
Porter's 5 Forces analysis of Study Questions For: Rio Tinto Iron Ore: Challenges Of Globalization In The Mining Industry Case Analysis deals with a lot of competitors in the market with the existence of numerous number of rivals in the market. Gap is also considered to be a possible competitor in local as well as in worldwide; markets as the company is thinking about to move in the worldwide markets.
This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.