Growing strengths of local distributors also presents a threat in some markets as the competition is paying higher margins to the local distributors. Lower inflation rate — The low inflation rate bring more stability in the market, enable credit at lower interest rate to the customers of IMAX Corporation.
Should the Chinese company develop their own large screen format and cannibalize its IMAX footprint before or after their year agreement expires, IMAX would take a sizable hit.
For example, the Windows operating system remains a target of countless cybercrime attacks globally. It also solves the long list problem where organizations ends up making a long list but none of the factors deemed too critical. Thus, IMAX is forced to rely on a handful of films every season to support its growth and achieve its vision for financial improvement.
The company needs to be careful then, as it strives to break more ground in more nations, to not overexpose itself to one or two exhibitors in exchange for quicker foreign market penetration.
With more cash in bank the company can invest in new technologies as well as in new products segments. The new taxation policy can significantly impact the way of doing business and can open new opportunity for established players such as IMAX Corporation to increase its profitability.
Certain capabilities or factors of an organization can be both a strength and weakness at the same time. Even though IMAX Corporation is spending above the industry average on Research and Development, it has not been able to compete with the leading players in the industry in terms of innovation.
The expansion has helped the organization to build new revenue stream and diversify the economic cycle risk in the markets it operates in. It has come a long way since its early days, when it was almost exclusively a company that developed big screen experiences for museums and universities.
Free Press, ; L. SWOT analysis and implications. This brand portfolio can be extremely useful if the organization wants to expand into new product categories.
There are interrelationships among the key internal and external factors that SWOT does not reveal that may be important in devising strategies. Threats Competing Technologies The success of IMAX has begat a slew of competing brands, mostly from movie exhibitors and theater operators.
For example, Microsoft can diversify through new business development or mergers and acquisitions to establish operations in new markets or industries.
Management estimates that it has only penetrated roughly half of these regions.
Research and development expenses, as well as foreign exchange rates and assorted costs related to local regulations, figure to rise as the company enters new countries over the coming years.
Secondly the supply of new products is not regular thus leading to high and low swings in the sales number over period of time. This is one of the major limitations of SWOT analysis. Strengths Brand Equity IMAX has grown its brand from a film exhibitor at museum theaters into a global box office stamp of approval.
Business IMAX screens have been around for over 40 years, but the corporation it is today began twenty years ago, when its stock went public on the New York Stock Exchange and the company actively turned its focus to mainstream film exhibition.
Strong distribution network — Over the years IMAX Corporation has built a reliable distribution network that can reach majority of its potential market. In this regard, the company has the opportunity to grow based on diversification.
These strengths not only help it to protect the market share in existing markets but also help in penetrating new markets. In the case of Microsoft, managers must address the following weaknesses: Microsoft also benefits from positive externalities with existing products in the market.
Thus, a recommendation is for Microsoft to continue enhancing its brand image. Highly skilled workforce through successful training and learning programs. The SWOT analysis is a simple, albeit comprehensive strategy for identifying not only the weaknesses and threats of a plan but also the strengths and opportunities it makes possible.
An entrance sign at a Microsoft Dubai office. Microsoft Corporation’s SWOT analysis shows that the computer firm’s internal and external strategic factors point to the importance of product innovation and business diversification. Allergen SWOT Analysis Name Institution Allergen SWOT Analysis Founded inAllergen is among the most powerful and effective pharmaceutical companies in United States of America.
It is a multi-specialty corporation that has been developing, commercializing and discovering the groundbreaking pharmaceuticals, medical devices etc. Let's dig deeper with a basic SWOT (strengths, weaknesses, opportunities, and threats) analysis to decide.
Strengths Microsoft's main strengths are easy to see. SWOT Analysis: IMAX Corp. (IMAX) Robert Harrington we will attempt to address these questions by taking a brief look at IMAX’s business and performing an easy-to-follow SWOT analysis of the company, evaluating its Strengths, Weaknesses, Opportunities, and Threats.
Business. Essay about Ima Corporation Swot Analysis Case introduction and background The IMAX corporation has been at the forefront of groundbreaking movie technology since the s.
Their expertise in multi-screen, large-format filmmaking that creates an immersive experience has suffered relatively few competitors over the years.Ima corporation swot analysis