Industry Profile Industry Description Describe the industry and sector in which
ID: 359776 • Letter: I
Question
Industry Profile
Industry Description
Describe the industry and sector in which your company operates.
Market Analysis
Assessment of the Competition
Describe three companies that you see are your main competitors.
Company Strengths
Why will customers choose to buy from your business instead of your competition?
Anticipated Challenges
Describe any weaknesses or potential challenges that face the company.
Industry Profile
Industry Description
Describe the industry and sector in which your company operates.
Industry Profile
Industry Description
Describe the industry and sector in which your company operates.
I have to do a business plan with business management. I want to do a food delivery service around colleges to help out college students. I need some help with the plan.
Explanation / Answer
take actions to avoid or mitigate it.
Industry Profile
Industry Description
Describe the industry and sector in which your company operates.
My company in which I work is printed folding cartons manufacturing industry and operates in printing and packaging sector.
Market Analysis
Assessment of the Competition
Describe three companies that you see are your main competitors.
The three main competitors are
1) Parksons-They have multi-location facilities throughout India and diversified into all sorts of packaging to various sectors FMCG, Electrical, Pharma,Food etc
2) Borkar Packaging-They have also pan India presence and at par with our company in terms of product range.
3) M K Printpack- It has plants at three different locations strategically located at the industrial hubs of India.
Company Strengths
Why will customers choose to buy from your business instead of your competition?
The customers chose to buy from our business since we have upgraded and standardised our processes and technology from time to time and we meet 95 % our date of deliveries ensuring quality parameters and services.
Anticipated Challenges
Describe any weaknesses or potential challenges that face the company.
The potential challenges that faced by the company are the single location plant in one Industrial hub and catering only to FMCG sector like perfumes, washing soaps, shipping cartons. The slowdown in FMCG hits the top and the bottom line so its dependency on one sector is very sensitive to market trends. The diversification into food sector, pharma sector is required for balancing the profitability in case of slowdown of one particular sector.