Fortune\'s most admired companies in 2010: Walmart,Exxon Mobil Corporation,Chevr
ID: 373180 • Letter: F
Question
Fortune's most admired companies in 2010:
Walmart,Exxon Mobil Corporation,Chevron Corporation,General Electric company,Bank of America Corporation etc
In 2017:
Walmart,State Grid,Sinopec Group,China National Petroleum,Toyota Motor ,Volkswagen etc
Companies fallen out of top 10:
Chevron Corporation,General Electric company,Bank of America Corporation,Conoco Philips,AT & T Inc,Ford Motor ,JP Morgan,Hewlett Packward
Ford does not exist in the list in 2017 because Ford faces heavy competition from other maunfacturers like Toyota motors,Volkwagen etc so its global market has slowly decreased from 2010 so it was not able to make it in top 10 list of 2017
Companies appeared both in 2010 and 2017:
Walmart is the only company which appeared in the top list both in 2010 and 2017.They were able to maintain in the toplist by shaping the labor markets globally and the entire way the industry operates.They follow a everyday low price strategy and the culture of the company has led them to remain in top.
Companies not in top 10 list in 2010 but made it in 2017:
State Grid,Sinopec Group,China National Petroleum,Toyota Motors,Volkswagen,Apple ,Royal Dutch shell,Berkshire Hathaway
Apple has reached the top 10 list in 2017 because of its innovation strategy.Apple is one of the most innovative company in the world .They hire innovative managers and provide new ideas that were not used by their competitors.This innovation strategy led to come in top 10 list in 2017
Ford SWOT Analysis:
Strength:
-They have strong brand awareness and they have their presence globally
-Their performance is good in domestic markets also
-They have efficient operational process
Weakness:
-They are low end car manufacturers
-They are not innovative
-Their financial management is not good
Opportunities:
-They can promote new models
-They can enhance their brand awareness
Threats:
-Decrease in their car consumption globally
-Heavy competition in global market
Core competencies:
-They provide high quality cars for middle class citizen in global market
-Satisfy each customers need with right cars and safety features
Competitive Advantage:
-They produce smart cars with fuel efficiency
-They have increased market share globally
Business model:
It is based on customer segments..They focus on developing cars for general customers as well as commercial businesses
Future:
They have to concentrate on innovative models to regain their market in top 10 list and also they can improve their financials
APPLE SWOT Analysis:
Strength:
-They have strong brand image
-The company is good in financials
-They are highly innovative
Weakness:
-They produce fewer products as compared to its competitors
Opportunities:
-There is rising demand for mobile gadgets and technology
-They can diverse their products
Threats:
-Heavy competiton in market
-Manufacturing costs increases continuously
Core competencies:
-Their innovation to technology
-The skills and capabilities of the organization makes them to think different from competitors
Distinct competency:
Innovation.They are the innovative company in the world
Competitive advantages:
-The strength of the brand is huge in the market
-They produce innovative products
-They have highly integrated supply chain
Business model:
Their business model is volatile.Their business model focuses on manufacturing computers and electronics innovatively.
Future:
Their innovation can lead them to remain in top 10 fortune companies but the company can bring out some product diversification in the market
Explanation / Answer
Please no plagiarism, explore what are the company’s (facebook) opportunities, threats, strengths, and weaknesses? Prepare a 3- to-5 page report of the company. The report should include the following: a. Does the firm have any core competencies? Are any of these distinctive (better than the competition) competencies? Does the firm have any competitive advantage? What is its business model? Provide a SWOT analysis. What is the likely future of this firm if it continues on its current path?