Industry Dynamics in the Hi-Fi Sector

Hifi Sector Study Case 1.Perform a elevate analysis of the companies: Linn,Meridian and Naim and put on this to help think through the industry dynamics in the hi-fi sector a) What atomic number 18 the opportunities and threats facing these specialist hi-fi firms? b) Do these firms have the right strengths to take advantage of the opportunities? 2. Identify some strategic options which the specialist hi-fi manufacturers could pursue. 3. Discuss the nature of orchard apple trees business activities with regard to medicinal drug. What business model(s) are they using and where are the opportunities for them to instal money from their music activities? 4. All the formats discussed in this case are governed by internationally agreed standards e.g. VHS, MP3, DVD, CD, etc. Discuss the implications of such standards for the competitive behavior of small independent firms like Linn, Meridian, or Naim. 1) SWOT Analysis Strengths: The differencation of the products: The range Linn is composed of all the elements of the hi-fi and send (audiovisual) chain: record players and CD players, cases of power supply, loudspeaker. Brands notoriety / all-inclusive relationship with customers: The firms (Linn, Naim and Meridian) produce some of the best hifi equipments in the world.

Naim offers an elongated relationship with past customers. New technology: The communication is facilitated, accelerate and the information exchange by Internet users is important. A unfermented area of digital technologies: File numerics with associated devices: digital cameras, camcorders, numeric own(prenominal) stereo. Weaknesses Declining of traditional products: The traditional products are an evolution relatively stable. broad(prenominal) prices: Devices are more than and more successful so more and more expensive New competitors such as Apple, Philips and Sony: Apple is a brand with a famous reputation. She became the leader of the digital music with the multiple versions of the iPod. Opportunities Huge market in term of... If you hope to get a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .