Tuesday, October 8, 2019
Strategic Management Essay Example | Topics and Well Written Essays - 2000 words - 28
Strategic Management - Essay Example In future, Intel needs to acquire the knowhow of building similar chips. The brand awareness of the firm is high in the industry; and with such strategic changes, Intel would be able to rule out competition of ARM Holdings. The case study examines the strategic management operations of Intel. From 2012 to 2013, the industry has experienced an excellent rate of turnover, which is as high as 4.8%. This industry is dominated by certain giant corporations like, Intel, Samsung and Broadcom. This examination will be done by studying the business environment where the company operates, along with its current business strategies on basis of the case study. Finally, the report will analyze ways through which Intel would be able to sustain competitive advantage in the industry as it has been noticed that companies like, ARM Holdings, are encroaching on large proportion of assured market demand of Intel. The forecasts regarding business of the semiconductor industry are made by the World Semiconductors Trade Statistics Organization (WSTS). Hence the firms in the industry are highly conscious about the reports published by this agency, as it influences their brand images in the market. The royalties and licenses of new technological developments are provided to the firms of semiconductor industry in each nation by public governing authorities. Hence the firmââ¬â¢s operational freedoms are highly manipulated and controlled by the public authorities. The companies within the industry experience high degree of competition among them. Perhaps this is the reason for which the firms like Intel and ARM are found to invest large amount of money for product and process development procedures in business. The degree of communicational integration has enhanced with rise in use of internet. This has spurred demand for technological smart gadgets
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