Strengths Substantial Brand Identity Sony is a corporate brand whose identity is deeply rooted and very well established in the minds of potential customers. The brand remains healthy despite dropping from 25th to 29 in name recognition according to InterBrands 2009 ranking. Interbrand valued Sony brand at $11 million Global Diversification Sony products and services are available throughout the world in approximately 200 countries and territories. The United States market accounted for 17.9%
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Zhou MGT301 11/9/2014 Sony’s and Matsushita’s management strategies As we all known‚ Sony and Matsushita are two of the largest consumer electronic makers in Japan or even in the world. And in this reading‚ it points out the different strategies Sony and Matsushita use when they were facing the fierce competition in China ----- Matushita was accelerating its pace on stretching the supply chain in China while Sony unexpectedly decided to shift some of its manufacturing business in China back to Japan
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1. Threat of Substitute Products (LOW) The possibility threat of substitutes is moderately low; since there are few substitutes from other industries (if any); and most of them are seemed to be obsolete or have on foot out of the door‚ e.g. digit camera in the place of film camera and fax machines in place of overnight mail delivery. Consider that Sony has built a good reputation and strong customer loyalty‚ it effectively position the company’s products against product substitute to some extent;
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POEM framework: A product opportunity evaluation matrix (POEM) is a framework that uses open source for evaluating the robustness of a product or idea‚ relative to challenges in the market place. The framework discusses the opportunity in broad terms may be the chance to meet a market need or interest through a creative combination of resources to deliver value‚ according to Ardichvili‚ A. (2003) The POEM framework is designed to also provide a systematic approach to any product‚ however‚ this framework
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Strength One of Sony’s greatest strengths is their ability to produce innovative‚ quality products. Sony’s web page states “Sony innovations have become part of mainstream culture‚ including: the first magnetic tape and tape recorder in 1950; the transistor radio in 1955; the world’s first all-transistor TV set in 1960; the world’s first color video cassette recorder in 1971; the Walkman personal stereo in 1979; the Compact Disc (CD) in 1982; the first 8mm camcorder in 1985; the Minidisk (MD)
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in Sony 15 i. Fear of the unknown; 15 ii. Fear of redundancy 15 iii. Habit 15 iv. Corporate history and culture; 16 Solution to resistance; 17 v. Educate and communicate 17 vi. Participation; 17 vii. Negotiation; 17 viii. Manipulation and co-optation; 17 Conclusion 18 REERENCES 19 Sony is a widely known electronic company which was founded in 1946 by Masuru Ibuka and Akio Morita in Tokyo (www scribd.com). The company produces a wide variety of digital products. Question
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Sony is a Japanese multinational conglomerate corporation headquartered in Tokyo‚ Japan. It ranked 73 on the 2011 list of Fortune Global 500. Sony is one of the leading manufacturers of electronics products for the consumer and professional markets. Walkman is a Sony brand trade name originally used for portable audio cassette players‚ and now used to market Sony’s portable audio players as well as a line of former Sony Ericsson mobile phone. The original walkman introduces a changed in music
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Sony Corporation and the Video Game Console Market: 1 A Competitive Analysis By Ryan Bogner‚ Peter Hung‚ Guan Wang‚ and Steven Wang 1 This report evaluates Sony Corporation’s strategy in the console gaming market from the top-down perspective of the entire corporation. Executive Summary Sony’s current strategy in the video game console market is simple: use the technologically superior Playstation 3 as a loss leader to introduce the Blu-ray optical drive2 into consumers’ homes and leverage that
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Sony “Sony. Like no other.”‚ is Sony Corporations slogan and one could not describe it better. Sony is a multinational conglomerate that is a leading manufacturer of electronics‚ video‚ communications‚ and information technology. Sony is among the Worldwide Top 20 Semiconductor Sales Leaders. However Sony is just like its slogan states‚ “Like no other”. In 2005 Sony incorporated the Extended Copy Protection and MediaMax CD-3 on a total of 102 different titles of music CDs. This company that seemed
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• History Sony‚ is a Japanese multinational conglomerate corporation headquartered in Minato‚ Tokyo‚ Japan. Sony is one of the leading manufacturers of electronics‚ products for the consumer and professional markets. its founders Akio Morita and Masaru Ibuka derived the name from sonus‚ the Latin word for sound‚ and also from the English slang word "sonny"‚ since they considered themselves to be "sonny boys". In late 1945‚ after the end of World War II‚ Masaru Ibuka started a radio repair shop
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