Order Now Order Now
Login / SignUp
Order Now

Home Free Essays

>>

All Subjects

>>

Finance, Accounting And Banking

>>

DQ

DQ

Download

Finance, Accounting, and Banking

Student’s Name

Institution

Date

Introduction

An article “When One Division Makes, All the Money but the Other Gets All the Attention “discussed some of the changes implemented by Eagle Electronic to regain its market shares and profitability. The article was authored by Richard G. Hamermesh, and published by Harvard Business Review, on July 2019 business issues. It illustrates the change of leadership and how Eagle Electronics addressed its challenges with products in the electronic market.

Eagle electronic was a well-known computer and peripherals seller but chip out to venture into other markets due to stiff competition from Dell. In order to succeed Eagle started other ventures to use as a platform to spearhead the growth. First, Eagle Electronics allowed employees to submit a proposal on ideas or ventures and then the company injects 75% finance to drive the idea. Under the same platform, the company y managed to get 13 proposals from employees and adopted them all. The provided an assistant to ensure that the starts meet their goals. However, after eighteen months, the firm started to receive attention from financial and technology press due to high profitability the company started to realize from the investment. Eagle electronics created several financial streams with one start projected to be bringing approximately $340 million in sales and $ 34 million in earning CITATION Ric19 \l 1033 (Hamermesh, 2019). It is, therefore, evident that the company changed strategies by creating several different products, which helped the company to increase its market share and profit.

The change in investment strategy can be used in our company to provide a variety of products, which can increase the market share of the company. By coming up with several products under different startups, Eagle Electronics started to give customers various choices and therefore, it attracted many clients which helped the company to increase market share and profit. The same strategy can be used to increase market share by increasing products which the company offers the market. Depending on a single product can be damaging the company and stiff competition can make the company obsolete in the market.

References

BIBLIOGRAPHY Hamermesh, R. G. (2019). When One Division Makes All the Money but the Other Gets All the Attention. https://hbr.org/2019/07/case-study-when-one-division-makes-all-the-money-but-the-other-gets-all-the-attention, 2-34.

More Subjects

Education

(5614)

English

(2294)

Business And Management

(1760)

Healthcare And Nursing

(1684)

Psychology

(929)

History And Anthropology

(743)

Sociology

(572)

IT

(446)

Education

(429)

Finance, Accounting And Banking

(419)

Philosophy

(347)

Political Science

(310)

Law And International Law

(308)

HRM

(300)

Economics

(288)

Biology And Life Sciences

(267)

Literature

(249)

Marketing And PR

(238)

Culture

(140)

Environmental Science

(109)

Geography

(92)

Statistics

(64)

Maths

(53)

International Relations

(44)

Physics

(30)

Chemistry

(25)

Capstone

(8)

Project Management

(8)

Reflective Thinking

(7)

Critical Review

(3)

Linguistics

(3)

Critical Appraisal

(2)

BUS 2090

(2)

English 12 Drama

(1)

Business Information Technology

(1)

Operational Plan

(1)

Corporate Finance

(1)

L2 Photography And Design

(1)

Food Nutrition

(1)

Leadership

(1)

Nursing

(1)

MBA

(1)

Social Enterprise Project

(1)

Government

(1)

Our tools

Essay typer Grammar Checker Plagiarism Checker Citation Generator

Useful Links

Free Essays About Blog

Contact me

info@freeessaywriter.net

If you have any queries please write to us

Join our mailing list

Invalid Email Address!
Thank you for joining our mailing list

Please note that some of the content on our website is generated using AI and it is thoroughly reviewed and verified by our team of experienced editors. The essays and papers we provide are intended for learning purposes only and should not be submitted as original work.

@ All Rights Reserved 2023 info@freeessaywriter.net

Privacy Policy Terms of Service Use Contact
Back to top