Saturday, June 1, 2019
An Analysis of the Fast Moving Consumer Product Industry and a Review of Kao Corporation :: Business Marketing Japan Essays
An Analysis of the Fast pitiable Consumer Product Industry and a Review of Kao CorporationExecutive Summary In this project, I have chosen the Fast Moving Consumer Product industry as the topic of study. First of all we will take a brief life at how the industry started in the late nineteenth century as soap making companies and slowly evolving into some of the most successful multidomestic company of today. pursuit we will have insight on the industrys prominent characteristics and highlight some of the major players. We will also get an idea of the attractor of the industry through the use of Porters 5 forces industrial analysis. Included in this project is an in-depth review of Kao Corporation, Japan. Kao Corporation is one of the major players in the industry. Here we will take a look at how the Japanese based company employs strategies to reduce cost and at the same time scar its product from its competitors to gain competitive advantage. We will also examine some of the ke y financial ratios to aid us in identifying some of the companys strength and weaknesses. Then a SWOT analysis is carried out on the company. From the SWOT analysis we can formulate suitable strategies in order to mend the performance of the company. By closely examining the companys internal surround to better understand the companys capabilities and limitations and then analysing the changes in the external environment that could affect the company favourably or adversely, appropriate strategies can be formed in order to ensure high performance of the company. Then lastly we will look at other possible recommendation, which I believe would help improve the companys performance in the competitive riotous moving consumer products industry. Fast Moving Consumer Product Industrial Brief Fast Moving Consumer Product are products that consumer would use regularly. The product line of Fast Moving Consumer Products encompasses a wide range of products such as shampoo, body foam and faci al wash. These products are classified as fast moving due to the record of its usage and durability. While shampoos are non-perishables, the consumer would eventually finish utilizing it and would require to purchase another bottle of shampoo. Therefore, unlike products like television and radios which consumers would only buy at one time in a blue moon, Fast Moving Consumer Products are bought constantly from time to time by consumers. The Fast Moving Consumer Product Industry has evolving since the 19th century.