Area of competitors of furniture corporation

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Description

Primary Task Response: Within the Discussion
Board area, write 600–800 words that respond to the following questions with
your thoughts, ideas, and comments. This will be the foundation for future
discussions by your classmates. Be substantive and clear, and use examples to
reinforce your ideas.

As you review the analysis conducted by Mike and Tiffany,
you notice the area of competition is missing from the reports. Thinking about
your project management training, you update the project schedule to include
activities related to identifying competitors.

You talk with Mike and Tiffany at lunch. “You’ve done some
great research and brought up some good ideas to implement in the
presentation,” you say. “There is one element that we are missing.”

“One of the most important aspects of the strategy: our
competitors,” Tiffany states.

“I’ve already done some analysis, and there are many in the
global market. It seems like there are several office furniture companies
thriving, but not as many custom furniture manufacturers,” Mike elaborates.

“Well, we need to provide the board with some solid
competitors. I’ll work on finding our top two,” you say. Complete the
following:

  • Who
    are your top 2 global competitors in the market?
  • Provide
    a strengths, weaknesses, opportunities, and threats (SWOT) analysis for
    each competitor.
  • Why
    are they direct competitors?
  • What
    is their competitive advantage? 
  • Could
    you form a cooperative strategy with any of the competitors?
    • If
      so, how?
    • If
      not, why?
  • What
    strategies could you use to build a competitive market profile?

The materials found in the M.U.S.E. may help
you with this assignment such as the audio file Choosing a Strategy.
This file provides real-world experience that may help you with this
assignment.

Apa format  with
proper citations and references

800 total words

Citation to have author, year, p. 34 or para. 3

htttp://campus.ctuonline.edu

Betty.Thompson38

home2256

Thanks

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