Business > CASE STUDY > C714 v2 Task 2 Template .docx C714 Task 2: Innovative and Strategic Thinking A.Discuss (All)
C714 v2 Task 2 Template .docx C714 Task 2: Innovative and Strategic Thinking A.Discuss
Document Content and Description Below
C714 v2 Task 2 Template .docx C714 Task 2: Innovative and Strategic Thinking A.Discuss at least TWO potential risks that the company from the scenario may encounter in entering the new market an ... d describe the impact to the company. (Unit 3: Managing Risks.) 1.The highest risks for the U.S. boat manufacturing company entering into this new market would be the competition and cost fluctuations. Within the boat manufacturing industry there are many lightweight boats available to the market. Having the new origami type foldable design, I think will help to attract the consumer to this product. However, there may be consumers that are skeptical of the performance of the product, or customers who are loyal to a specific manufacturer ™s previously. 2. Entering into a new market as a newer company is a big risk to a high boat industry area. The cost fluctuations in an area that you don ™t currently consum. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
Last updated: 3 years ago
Preview 1 out of 4 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$10.00
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
Aug 20, 2021
Number of pages
4
Written in
All
Additional information
This document has been written for:
Uploaded
Aug 20, 2021
Downloads
0
Views
121
