Saturday, October 5, 2019
Environmental Challenges that Sony Faces Essay Example | Topics and Well Written Essays - 3000 words
Environmental Challenges that Sony Faces - Essay Example The present research has identified that various changes in the marketplace which particularly should always involve political, economic, social, technological, environmental and legal factors and more. Under political factor, it is always common to look at the governmentââ¬â¢s conservatism when it comes to dealing with business. One perfect example would be the case of privatization. In every government, there is always a strong stand on controlling the rise of the certain organization. In Japan, for instance, various organizations are faced with remarkable challenges because the government is trying to protect the interest of small organizations in their respective industry. However, the ability of Sony to leverage its core competencies together with other organization is a proof that there is always the right timing in politics. For instance, Sonyââ¬â¢s intent to leverage its core competencies with a Swedish telecommunication company in order to beat Nokia resulted in the bi rth of Sony Ericsson. This joint venture is a remarkable proof that finding the right place for each organization is needed in order to enhance its core competencies. This at some point has specifically involved the prevailing political stand of a nation which basically has a great impact on the entire business process of an organization. For instance, a government saying no to privatization may significantly create an impact on those organizations planning to leverage their core competencies through it. With this, it is important to understand politics as a major thing that affects how the entire business should be conducted primarily because of the prevailing governmentââ¬â¢s stand. However, it is not only in this broad and general illustration how politics essentially affects Sony. In modern situation, politics itself could stand between competitors or even within an organization. This is a proven trend in the whole business industry of electronics. For instance, every profit organization in this industry is simply trying to be a cut above the other by reaching its competitive advantage. Competitive advantage is something that needs to be worked out because it serves as something that will enhance core competencies.
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