Preview

Product Market Structure

Better Essays
Open Document
Open Document
1466 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Product Market Structure
COMPANY PROFILE
GFC Fans is one of the largest manufacturers of quality electric fans in Pakistan. GFC, under the leadership of Mr. Mohammad Ilyas, its CEO, has also been the pioneer in the expert of electric fans from Pakistan. Starting with its first commercial export in 1993, with a modest quantity & value, GFC is now exporting its products to the tune of US$ 12 million annually to more than 30 countries in the World. GFC fans became an instant success due to their quality and durability in the entire markets share these were introduced including countries in Asia, Middle East, and Africa & Europe.
GFC became the first electric fan manufacturing company to win Export Trophy Award in Pakistan. Now, GFC has won its 12th Export Trophy Award. GFC also became the first ever company in Pakistan that is certified by UL (Underwriter Laboratories, USA) to export fans in USA and Canada. It is also the first fan manufacturing company to be awarded BRAND OF YEAR AWARD in 2007.
GFC is also the pioneer in introducing latest technologies in fan manufacturing industry in Pakistan. The Plant & Machinery installed in GFC are at per those installed in manufacturing industries in technologically advanced countries like china, Taiwan, Vietnam etc.
Keeping in mind the acute power shortage in Pakistan and other developing countries where GFC Fans are sold, GFC has been concentrating on the production of energy saving fans for the last twenty years. Special raw material for energy saving fans being used include electrical copper wire (produced at GFC’s own Wire Drawing Plant since 1987), high quality ball bearings fan blades made on most modern plants/machinery with highly qualified labor force.
The un-precedent success GFC have achieved during the last 30 years is being recognized as best quality fan manufacturer not only in Pakistan but also in Kingdome of Saudi Arabia, Sudan, Yemen, Senegal, Djibouti, Bangladesh, Iraq, UAE, Cameroon and many other countries.



Bibliography: www.gfcfans.com Commercials Ads on youtube http://www.phonebook.com.pk/dynamic/companydetail.aspx?comp_id=50763

You May Also Find These Documents Helpful

  • Powerful Essays

    Riordan Manufacturing’s electric fan production plant is continually analyzing its strategies. Process flows, performance metrics, supplier relationships and supply chain efficiencies, lean production principles, and sales forecasting are essential to the success of Riordan. The company uses reports and plans for material acquisition, production, and scheduling in its manufacturing facilities.…

    • 1637 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Riordan Manufacturing has Chinese business partners with facilities in China. These facilities are in close proximity to the Qiantang River. The river access leads to Hangzhou Bay, which is sufficient to handle our shipping needs. Therefore, Riordan Manufacturing made a decision to take the electric fan process design supply chain to China.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Company G is a major player in the electronics market. We have an excellent reputation for being a ground-breaking company that provides high-quality, highly reliable products that are reasonably priced. Our consumers take pride in the items that they purchase with the Company G name on them. Our small appliance line fits well into our electronics family and will be just as pleasing to our customers as our other products. The G100 Iron/Garment Steamer introduced in this marketing plan will offers unique features that that will appeal to customers and potential customers as well.…

    • 2539 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    You will apply important microeconomics concepts toward the competitive strategies of the Kudler Fine Food Virtual Organization that affect its long-term profitability. You will evaluate the differences between market structures and review the organization’s strategic plan, marketing overview, market surveys, and other material to evaluate the organization’s competitiveness in the marketplace, including its customers’ views. In the process, you will identify the market structure that you believe best applies to this organization, and assess how the market structure positively and negatively affects the firm’s long-term profitability.…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Riordan Manufacturing, Inc. has been able to make way into the global business arena with a strong footing. Riordan has established operating plants in San Jose, CA, Albany, GA, Pontiac, MI, and Hangzhou, China. In addition, the quantity of plastic fan parts manufactured in the Hangzhou plant has increased, adding significant shipping costs. This plant is currently incurring transportation and loading costs which include trucking to a harbor on the Qiantang River, loading the goods into shipping containers which are stacked onto barges bound for the Shanghai seaport.…

    • 2998 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    The arena will be the first in the world to combine the use of displacement ventilation – a reduced-energy cooling system utilizing passive climate controlled air – and crowdsourced feedback to maximize fan comfort. Five massive hangar doors above the grand entrance will open and allow the arena to use natural cooling phenomenon in Sacramento – The Delta Breeze – to control the building’s climate efficiently. With over 300 days of sunshine in Sacramento, the arena’s urban-smart energy system – with a specially designed 1.2 megawatt solar array on the arena roof and an 11-megawatt solar farm 40 miles away through a SMUD partnership – provides a creative solution for generating the power for the venue’s over 200 events all year long (Golden one center,…

    • 1067 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Marketing and Product

    • 3133 Words
    • 13 Pages

    As stated earlier, Company G’s products enable consumers to improve the quality and convenience of their lives by providing innovative electric solutions.…

    • 3133 Words
    • 13 Pages
    Good Essays
  • Good Essays

    Goldfield’s Electronics

    • 747 Words
    • 3 Pages

    Goldfield’s Electronics (GFE) is a private distributor of electronics. GFE distributes a wide range of consumer electronics including DVD players, televisions, MP3 players, stereos (home and auto), digital cameras, etc… They have operated out of their single distribution center in Boone, Iowa since 1979.…

    • 747 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    first we have to analyze the market of USA, where NRFC wants to commercial its new…

    • 1375 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Market Structures

    • 1035 Words
    • 5 Pages

    The simulation for week four in the Principles of Microeconomics course at University of Phoenix entitled ‘Differentiating between Market Structures ‘is about a transportation company named East-West transportation Inc. The company has four divisions; Consumer Goods, Coal, Chemical and Forest Products. Each division functions in four unique market structures. The four market structures are Perfect Competition, Monopoly, Oligopoly, and Monopolistic Competition. Below is a summary of the simulation that provides a description of the market structures and how the factors affect the price and output at which the company can maximize profits under each structure. Below is also a chart explaining each of the four market structures as well as current examples of each.…

    • 1035 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Market Structures

    • 588 Words
    • 3 Pages

    Economists group industries into four distinct market structures: pure competition, pure monopoly, monopolistic competition, and oligopoly (McConnell & Brue 2004). Understanding the different market structures will help to understand how price and output are determined and will also help to evaluate the efficiency or inefficiency of those markets (McConnell & Brue 2004). This paper will briefly explain each market structure and will also explain how Quasar Computers evolved through each structure.…

    • 588 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    CFM International, Inc. (CFM International) is a provider of CFM56 series of jet engines. It offers six engine models; CFM56-7B, CFM56-5C, CFM56-5B, CFM56-5A, CFM56-3 and CFM56-2. The companys products find applications in airlines and airframers. Its engines are used in Boeing 737s, Airbus A320s, DC8s and the AWACS. Over 520 airlines, charter operators, militaries and leasing companies have selected the CFM56. CFM International offers maintenance, repair, airline services and overhaul (MRO) services, apart from providing CFM parts. The company provides services to the customers through 150 technical service representatives on-site, 500 specialized operators and with airline customers in countries across the Americas, Europe and Asia-Pacific. The company operates as a joint venture entity of Snecma (SAFRAN) and GE Aviation. CFM International is headquartered in Cincinnati, Ohio, the US.…

    • 876 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    GALANZ CASE STUDY

    • 954 Words
    • 4 Pages

    When Galanz started its business, the microwave oven business in China was in its infancy and it was less risk to invest in the technology associated with microwave ovens because this technology had been mature and stable for a long time.…

    • 954 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Great Wall

    • 1545 Words
    • 7 Pages

    3. Increase brand awareness: the feature of Great wall motors is excellent quality and reasonable price. The feature can attract lots of customers to become the brand loyalists in foreign market. It will increase brand awareness in future.…

    • 1545 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Strength Firstly, the price of A.C.F. Limited’s products is reasonable. According to market distribution, shows A.C.F. Limited’s cars are reasonable prices compare with other brands. For the medium size car, the price of the most expensive car is £44,000 of A.C.F. Limited. However, the price of the most expensive car is £55,160 of Super Car Limited (Appendix ??). Besides, A.C.F. Limited focuses on produce quality on products especially in safety aspect. For example, Phoenix and Buffalo allocated 50% and 40% in safety factor…

    • 927 Words
    • 4 Pages
    Satisfactory Essays