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The modifications in the policies of the company's retail trade customers represent important risks that can lead to increased dependence on some of the retailers in developed markets. Another important risk is determined by the global manufacturing activities.
Although these companies develop and implement different strategies, some of the risks associated with their business are common. This is because some of these risks are determined by the international business environment that establishes the conditions in which these companies develop their activity. Some of the most important risks that these companies addressed in 2000 are represented by entering new markets. The potential presented by developing markets determined these companies to make investments in regions like Asian countries. Another important risk during that period was represented by companies' inability to retain important employees. This means that their human resources strategies did not reach the established objectives. In addition to this, the dependence on a reduced number of suppliers was common to these companies.
However, some of the current risks are also common to these companies. Such risks refer to these companies' ability to reach the quality standards established by customers. This mostly refers to professionals in the...
Another important risk that currently affects these companies activity is represented by the economic conditions on international level. These companies' dependence on a reduced number of customers is another risk that must be taken into consideration by their strategy.
The personal care industry is characterized by a highly competitive environment. The instability in the international business environment determines a series of risks that must be addressed by these companies. Some of these risks have maintained their importance on these companies' activity. Such risks are represented by companies' dependence on suppliers or certain categories of customers. Other risks have been successfully addressed by competitors in this industry, like developing and implementing strategies for developing markets. The same situation refers to these companies' human resources strategy and the development of products.
Reference list:
1. Personal Care Appliances: A Global Strategic Business Report (2011). PRWeb. Retrieved May 19, 2011 from http://www.prweb.com/releases/personal_care_appliances/hair_care_oral_care/prweb8128135.htm.
2. Annual Report (2010). Spectrum Brands. Retrieved May 22, 2011.
3. Annual Report (2010). Helen of Troy. Retrieved May 22, 2011.
Reference list:
1. Personal Care Appliances: A Global Strategic Business Report (2011). PRWeb. Retrieved May 19, 2011 from http://www.prweb.com/releases/personal_care_appliances/hair_care_oral_care/prweb8128135.htm.
2. Annual Report (2010). Spectrum Brands. Retrieved May 22, 2011.
3. Annual Report (2010). Helen of Troy. Retrieved May 22, 2011.
In 2000 and 2010 each firm recognizes the risk of concentration of revenue generation in an increasingly consolidated retail industry. In each case Wal-Mart's share of sales represents the pivotal example of this phenomenon. Most interesting however, is the discussion of the risk of global economic conditions in 2000 and 2010. In 2000 the reports indicate the risk of an economic slowdown from the strong growth of 1996-2000. Likewise
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