Monday, May 13, 2019
SWOT analysis of HP Inc Essay Example | Topics and Well Written Essays - 500 words
SWOT synopsis of HP Inc - Essay Example, the company is able to easily enter into a business coalition with multi-national companies such as in the case of Starbucks in terms of using HPs receiving set Connection Manager software for the Wi-Fi access of Starbucks clients. (Weinschenck, 2002)Aside from having good and loyal customer reputation in terms of patronizing HPs PC-related products, the company continuously improves its global distribution network all over the years. (BNET, 1998) By enhancing its global distribution network, the company is able to easily distribute its product and services crossways the world. Thus, strengthening the companys ability to increase its annual sales and profitability.Since 1999, HP continuously exerted especial(a) effort in protecting its product and services through the U.S. intellectual property law. (HP, 2008a) By actively registering its newly innovated products and brand name under patent and trademark, the company is highlyHPs reposi tion Division impresss short of its clients expectations. (Maitland, 2004 Vance, 2004) For this reason, the company has experienced a 5% celestial latitude in revenue because of HPs server and storage division. Likewise, this causes the companys share to fall down from $19.10 to $16.28 back in 2004. (Vance, 2004)HP continuously innovate new product and technology to quit the needs and wants of its target consumers. (Hoffman, 2007) Aiming to increase the business opportunity of HP, the company has recently designed and marketed a commonplace printer driver in tack together to increase its competitive advantages over other brands.In order to overcome the companys weaknesses, HP entered into merger with Compaq in order to improve its storage division. (Stammers, 2004) In the process, HP should take it as a challenge to improve its Server and Storage Division by changing its existing storage landscape. (Maitland, 2004)Failure of HP to immediately act upon its weaknesses imposes a s ignificant scourge over its annual revenue and
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