Case Analysis of Staples, Inc., Study Example | Topics and Well Written Essays - 1000 words

Analysis of Staples, Inc., - Case Study ExampleFurthermore, this paper will comprise framing schema that may help the firm to deal with all the factors in order to achieve its goal efficiently and smoothly (Fred, 2009). Analysis External Factor valuation (EFE) EFI is considered to be the strategic administration tool often used by all organization to assess current business condition of the firm. It is considered to be an principal(prenominal) process as the end result helps the firm to visualize the nemesis and select all the opportunities that tends to arise. In accordance to case the EFI of Staple Inc. is stated beneath Figure 1 External Factor Evaluation (EFE) of Staple Inc. On the basis of the above mentioned figure, it can be stated that the factor of low cash value offers an fortune for the company as the export policies of the government would be modified or directed to increase the foreign currency in the country. such(prenominal) initiatives of the government would p rovide the organization with an opportunity to expand its business. The companys strategy of diversifying its business and creating new products has also offered it with an opportunity to expand its product and armed service line and effectively meet the needs of discriminating customers. Moreover, the crisis in the economic condition would help the organization in terms of brand awareness as foreign company would be reluctant to invest in such economic condition. Consequently, the organization will be able to attract large pocketbook of customers. The factor of the firm size can also be considered as a positive factor as it helps in creating brand awareness as well as it will act as a barrier for new entry of firm (Meredith, woods & Fred, 2009 Fred, 2009). On the other hand, the increasing competition due to the entry of new firms in the industry has imposed significant threat. The firm is further unable to penetrate into the local market as it is mainly focus on meeting the p ublic needs. Moreover, frequent change in the government policies has strongly deterred the ability of the organization to expand its business. Another important threat factor includes constant innovation in technology. The rapid advancement in technology has resulted in rapid obsolescence which has further contributed towards increased costs for the organization (Meredith, Forest & Fred, 2009 Fred, 2009). Internal Factor Evaluation (IFE) IFE consists of all the factors that relates directly or indirectly to the organizations functioning. The main motive behind evaluating the internal factor of an organization is to major flunk and the strength that exist in the operating area of a business. The IFE of Staple Inc. is represented below. Figure 2 Internal Factor Evaluation (IFE) of Staple Inc. On the basis of the above illustration, i.e. Internal Factor Evaluation (IFE), it can be asserted that the factor of being one of largest distributor of office goods acts as an opportunity for the firm. Moreover, its stable financial position has also contributed towards smooth functioning of its business operations. Additionally, the marketing and advertisement activities executed by the firm have significantly benefited it to urinate increased brand awareness and has further facilitated in seeking greater competitiveness. At the same time, large number of retail stores situated at distinct locations