Mizuno Corporation Company Profile with Tech Intelligence
Verified
Added on  2022/08/12
|6
|1198
|24
AI Summary
Every thing you need to know is in here, please read the document first (read first), then after the rest is more or less the guidelines! :)
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running Head:EXTERNAL ANALYSIS OF MIZUNO External Analysis of Mizuno Name of the Student: Name of the University: Author Note:
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1EXTERNAL ANALYSIS OF MIZUNO Micro environment factors of Mizuno Ascomparedtotheoperationalaspectsthatareassociatedwiththerespective organization Mizuno in the market, it is considered to be stated factor that they are considered to be the one among the top leading brand related to the industry of manufacturing sports products and equipment. Apart from the part of manufacturing apparel and sport shoes, they are also involving in the part of making accessories in the market. In the current times the respective brand has enhanced advance growth which has resulted the organizations rehabilitated emphasis on marketing. After facing stiff competition from the side of competitorsMizuno has remained more successful and competitive in the part of adopting innovative mode of competitive advantage and sustainability in their international market operations. Some of micro environment factors that are associated with Porters Five Forces of Mizuno are mentioned below. As compared to thesupplier segment associatedwith the organization Mizuno, certain segments that are related to the suppliers bargaining power of Mizuno is low. The core reason under this respective part is because of the presence of larger suppliers in their supply chain. Due to this respective factor, it is much easier for the brand Mizuno under the area of shifting their supplier segment from one part to another. Mizuno has successfully maintained an enforcement process and multilevel monitoring system in all areas where they generally operate. Thus, it is clear part that the brand Mizuno has higher and effective level control over their suppliers in the market.
2EXTERNAL ANALYSIS OF MIZUNO Thebargaining power associated with the buyersof the organization Mizuno is from low stage to moderate stage and while under this respective part the individual buyers of the company do not grasp any mode of significant clout, as being in a group they generally exercise somewhat important influence. The brand Mizuno generally has a strong competitor like Nike in the market, apart from this they also generally have small and bigger competitors in the market such as Puma and Armor. The switching cost associated with the organization Mizuno is low for their customers. Mizuno has given more emphasis under the area of performance, product quality and design which has delivered the company a unique and differentiated approach in the market. Thethreat related to the substitutes segmentof the organization is from low stage to moderate level in the market. The key major threat factor associated with the organization is completely depended upon the strong competition enhanced from the side of competitors where they generally offer same quality products at different price rand and value. This respective factor related to the organization is moderated by product quality and market efforts associated with the organization Mizuno. Thethreat related to new entrants of Mizunoranges for low stage to moderate. As a part of opportunity for the company in the future, they can adopt an innovative strategy in the market through entering a local market with small capital value. On the other hand, well established brand like Mizuno may need higher level of investment in order to remain more competitive and sustainable under global competition. This may include technology, skilled labor, advertisements, marketing and many others. So, as a part of threat for Mizuno, it can be stated that unless having a strong capital it will be a competitive part for the company to adopt effective competition in the international market operations.
3EXTERNAL ANALYSIS OF MIZUNO As compared to thecompetitive rivalryassociated with organization Mizuno is high in the market compared to other brands. Apart from having effective competitors like Puma and Nike, the organization also generally has many smaller competitors in the market which makes them to face strong competition both under the domestic and international market. Some of the key major beneficial parts offered by Mizuno to their customers in their international market operation is associated with the system of providing high quality products at affordable and reasonable value (Aubert et al., 2016). Apart from these respective factors they generally have faster mode of shipping available and free returns of the products in the market whichgenerallygivesthemauniqueanddifferentiatedapproachhcomparedtotheir competitors.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
4EXTERNAL ANALYSIS OF MIZUNO PEST Analysis of Mizuno According to the political factors associated with the organization,It is important for them to give key consideration under there of adhering to the system of following the rules associated with taxation and manufacturing while operating in other countries. The core factor is where they must operate understanding and evaluating the export and import laws while operating in the international market. Compared to theeconomic factors, targetingcustomers with better purchasing power must be the key major motive of the company.Undertaking and expanding their operation under developing countries can be an adaptive opportunity for the company in the future. As compared to social factors related to the organization Mizuno,it is important for them to target customers who are generally more conscious and concerned about their health- related factors. Apparel and shoes are required as per understanding the need and expectation of those customers who are much health oriented along with sports people. Technological factors associatedwith the organization Mizuno, they generally adopt and has implemented advanced and innovative form of technology in their market operation. Some of constant change occurred form the part of technological operation compared to the market performance of their competitors can be a key part of threat for Mizuno in the international market.
5EXTERNAL ANALYSIS OF MIZUNO References Aubert, B. A., Saunders, C., Wiener, M., Denk, R., & Wolfermann, T. (2016). How adidas RealizedBenefitsfromaContraryITMultisourcingStrategy.MISQuarterly Executive,15(3). Mahdi, H. A. A., Abbas, M., Mazar, T. I., & George, S. (2015). A Comparative Analysis of Strategies and Business Models of Nike, Inc. and Adidas Group with special reference to CompetitiveAdvantageinthecontextofaDynamicandCompetitive Environment.InternationalJournalofBusinessManagementandEconomic Research,6(3), 167-177. Tian, B. (2016). Development status of china's outdoor sports and countermeasures based on SWOT analysis.RISTI (Revista Iberica de Sistemas e Tecnologias de Informacao), (E11), 76-85. Zhang, J. (2018, August). Strategy of Sports Brand Network Marketing on the Basis of Brand ImagePromotion.In2018InternationalConferenceonManagement,Economics, Education and Social Sciences (MEESS 2018). Atlantis Press.