Monday, December 9, 2019
Strategy Dynamics and International Business for Cases Edition
Question: Discuss about theStrategy Dynamics and International Business for Cases Edition. Answer: Introduction The purpose of this business portfolio is to shed light on various strengths and weaknesses of the organization MultiChoice, located in the land of South Africa. The organization is basically a video entertainment and internet company. In todays market, MultiChoice is a leading organization in South Africa in video entertainment industry and they serve to more than five millions o subscribers around the nation (Chetty and Mearns 2012). In this portfolio the weaknesses and strengths of the organization are to be evaluated. The organization MultiChoice is a leading organization in South Africa, and in recent times they are facing some serious trouble regarding the profitability of the organization. in this section the strengths and weaknesses of the organization are discussed. Strengths The organization being one of the leading companies in video entertainment and internet business have earned huge reputation in their home market and it became a well established organization with pretty good reviews from the subscribers (Grant 2016). Thus, it can be said that they have a huge distribution and sales network in their home market and thus the organization holds a huge capital to bank on in difficult times (Wekesa 2013). Most of the employees of the organization are well experienced in this field and thus their productivity is always more than any other organization in this field in their native market. Weaknesses The organization is currently a bit back footed after investing a lot for the research and developmental projects for the organization and due to a reduction in the market size. One of the most important issues regarding the profitability of the organization is that they buy contents with other things in dollars and they get their revenue in rands (South Africas monetary unit). Thus stabilizing the prices have become a lot harder nowadays as the value of the rand is fluctuating lately and that is giving the organization some real hard time to do business. Thus the company accepted that the local currency of South Africa is bringing in some issues to deal with (Wang 2012). Currently the organization MultiChoice is burdened with many brands under one name, such as Carte Blanche, MultiChoice, Lets play, Dstv Media Sales, Superdisky and many more and managing so many brands is affecting their profitability significantly. Multichoices involvements in various businesses are way beyond thei r core business and that is the reason of concern in this case. Recommendation Thus to improve the profitability and productivity the organization should make some plans and those are discussed in this section. The organization should sustain the growth of the organization along with various investments. They should put in some effort to increase their subscriber base. They should invest more in technological advancements (Grant 2016). They should recruit and train suitable employees and train the existing employees more. Conclusion Thus to conclude, it can be said that, the organization MultiChoice is a hugely established company in their native market, but in recent times they are fighting some oddities regarding the productivity and profitability of the organization. it is a matter of fact that, the company like MultiChoice should not have much to worry about this condition as an organization with that reputation would not have to face much difficulties to fight those oddities in the market and eventually they will overcome the situation and regain their lost glory in no time. References Chetty, L. and Mearns, M., 2012. Using communities of practice towards the next level of knowledge-management maturity.South African Journal of Information Management,14(1), pp.1-9. Grant, R.M., 2016.Contemporary strategy analysis: Text and cases edition. John Wiley Sons. Wang, J. ed., 2012.Innovations in Information Systems for Business Functionality and Operations Management. IGI Global. Wekesa, E.D.N.A., 2013. Competitive strategies adopted by Multichoice Kenya limited.Unpublished MBA Thesis, university of Nairobi.
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