CanGo: Competitive Analysis
Due to recent acquisitions and expansions of its operations as well as the changing nature of the retail industry as a whole, CanGo operates in several different market segments. This can make a competitive analysis of the company somewhat difficult to conduct with any degree of certainty and with concrete conclusions, as the complexities of a competitive comparison must take into account the differences in business model and operation that exist between CanGo and its various competitors in different market segments. The following paragraph will detail some of CanGo's major competitors across the company's different market segments of operation and penetration, in order to determine a more comprehensive and detailed analysis of the competition in the industry and CanGo's competitive position.
Amazon
A major -- according to many, the major -- innovator of online retail sales, starting with books but now including almost any imaginable consumer good, CanGo is in direct competition with Amazon when it comes to the sale of CDs, mp3s, books, and DVDs. The company has had enormous success as an online retailer, and due to its well-integrated supply chain, much of which is outsourced, it is able to offer lower prices than almost...
CanGo Case Analysis Six Key Issues Facing CanGo Effective organizational management requires going beyond managing the daily business operations. Organizational management requires paying attention to the financial and strategic side of the organization. However, strategy does not end with the mechanics of operating the business. Managers must attend to the "people" side of the organization as well. This firm has been hired as a business consultant to the CanGo company to explore
CanGo's financial condition can be measured by analyzing its financial statements, in particular by conducting a ratio analysis. The company is liquid. Its current ratio is very high at 5.39 and quick ratio likewise at 4.53. These figures are typical of a company that is in great financial condition. These figures are bloated, however, by the fact that much of the current assets are in the form of accounts receivable.
This is exactly what is going on at CanGo. It's a process and decision that could over time limit the company's growth however. Recommendation While the approach of assigning the most complex and rewarding projects to the most accomplished employees, it robs them of long-term motivation (Ramsey, 2010). The focus needs to be on providing the accomplished Java programmer with autonomy, mastery and purpose to ensure long-term motivation that will last
Primarily, the market for CanGo Inc. will be segmented in two ways, which include gender and age groups. Segmentation according to income groups cannot be used because all services provided by CanGo Inc. will be easily affordable by all income groups since the company cannot afford to charge high prices due to competitive pressures. Many services such as gaming will also be provided for free. Marketing Mix The marketing mix of
CanGo Analysis Financial Analysis of CanGo CanGo does not appear to be especially efficient given the two efficiency measures appearing here. With both the Receivables Turnover and the Inventory Turnover, higher ratios indicate better efficiency -- the company is able to collect on accounts and turnover inventory faster (Spiceland et al., 2009). In the case of the former, CanGo's ratio of 1.56 is very low, suggesting that it takes almost two-thirds of
In a context of a discount rate of 7% and a life project of ten years, cash flows of a negative $4,148,126 for the first year and then positive $3,441,981 for the remaining nine years, the net present value for the new automated storage and retrieval system is of $9,377,897.27. Additionally, the current value of the project cash flows is of $17,081,476.27, which is higher than the initial cost
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