Specialisation
- Created by: bethsmith99
- Created on: 14-04-16 18:08
View mindmap
- Specialisation 1.2.4
- Against
- 1. RISKY - If the larger company goes out of business, products are useless.
- 2. Very repetitive, never seen the end product- demotivating
- 3. Hiring expensive engineers/contractors
- 4. No recognition for excellent products from consumers.
- 3. Hiring expensive engineers/contractors
- 2. Very repetitive, never seen the end product- demotivating
- 1. RISKY - If the larger company goes out of business, products are useless.
- For
- 1. Focus on the quality of the small parts, so it can be sold for a higher price to smaller businesses.
- 2. Staff more efficent/productive due to repetition and knowledge
- 3. FLEXIBILITY - Due to specialising in one thing, special changes can be made for big impact.
- 4. Leads to target market share due to being quite specialised
- 5. No advertising or branding costs
- 4. Leads to target market share due to being quite specialised
- 3. FLEXIBILITY - Due to specialising in one thing, special changes can be made for big impact.
- 2. Staff more efficent/productive due to repetition and knowledge
- 1. Focus on the quality of the small parts, so it can be sold for a higher price to smaller businesses.
- Against
Comments
No comments have yet been made