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Byte Products Incorporated

In: Business and Management

Submitted By lynnemae
Words 921
Pages 4
I. Background Byte Products, Inc., is primarily involved in the production of electronic components that are used in personal computers. Although such components might be found in a few computers in home use, Byte product are found most frequently in computers used for sophisticated business and engineering application. Annual sales of these products have been steadily increasing over the past several years. Byte Product, Inc., currently has total sales of approximately $265 million.
Over the past 6 years increases in yearly revenues have consistently reached 12%. Byte Products, Inc., headquartered in Midwestern United States, is regarded as one of the largest volume suppliers of specialized components and is easily the industry leader with some 32% market share.
A dramatic surge in demand, high profitability, and the relative ease of new firm’s entry into the industry explain in part the increased number of competing firms. The company operates three manufacturing facilities in various location shifts (24 hrs per day), 7 days a week. This activity constitutes virtually all of the company’s production capacity. Without an addition al manufacturing plant, Byte simply cannot increase its output of components.
II. Problem Statement
How would Byte Products, Inc. meet high demand for those components considering the production capacity of the company? How would Byte Products, Inc. balance its commitment to its shareholders and its community?
III. Point of View * Top Management
IV. Objectives
This paper aims to: * To evaluate the advantage and disadvantage of the alternative solutions * To determine and formulate strategies that would help Bytes Products, Inc. in their operations. * To give recommendations after analyzing and evaluating the given information about the study.
V. Areas to Consider
SWOT Analysis
Strength
* Leadership

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