Free Essay

What Qualities Have Led to Bec’s Success so Far?

In: Computers and Technology

Submitted By jasonwzm1
Words 284
Pages 2
What qualities have led to BEC’s success so far?
The success of BEC can be attributed to a number of factors. The organization has used segmentation, targeting and positioning strategies in order to diversify the market. For instance, the company has opened stores in Costa Rica, Mexico, Canada, and US. All the products sold by the company have been categorized into video games and recorded music. This offers the consumers variety and choice. BEC is also quick to seize business opportunities. For instance, BEC has invested heavily in information systems like the venture in online marketing.
To ensure that the organization is not trapped in the cyclical nature of the expansion and contraction of sales video games, the company has devised a model for integration into all stores. ‘The game trading model’ ensures that users of the video games can exchange used video games for other videos on a rental basis. Instead of opening new stores for online distribution network, the organization uses the already existing ones. This has been a competitive advantage as consumers can access movies and videos simultaneously, thus cutting down costs.
The management system at BEC is based on information systems where leadership plays a great role (Vankatesh, 2008). IS systems ensures that an organization makes effective decisions (Alwis & Higgins, 2001; Ajayi & Fadekemi, 2007). This ensures that decisions are easily made and the flow of information hindered. The IS at BEC has the capacity to share information in all outlets. The presence of computers, servers, POS (point of sale) in every store and computer systems enables the organization to handle the BEC consumer transactions from different outlets. The organization makes sure that the transactions are updated on consumers’ rentals.

Similar Documents

Premium Essay

Bec Case Study

...Study Mgmt 340 Broadway Entertainment Corporation: Case Study Question 1: What qualities have led to BEC’s success so far? The success of any company lies not on one single factors, but group of elements that work in coherent manner to attain the organizational objectives. After reading the case of Broadway Entertainment Corporation (BEC), it can be claimed that the decision of BEC’s management to change the company processes with the changing technology, is one of the key factors behind the success of the company. BEC started to automate its work process with the evolution of technology, which enhances the performance and productivity of employees. This in my perspective is another contributing cause of the BEC’s success. This process of continuous self improving and implementing the timely change has paved the way of success. Moreover, the company’s approach for utilizing its technological advancement commercially by offering their expertise in technology area to business had contributed greatly in strengthens the brand name of BEC. Change managers know all too well the pressure that goes along with growing IT environments and climbing performance expectations from employers. This factor has contributed greatly in the success of IS organization at BEC. The main factor again I would like to assert here which contributed in the success of the company is the embracement of change. BEC’s chain of music, video, and game rental and sales outlets are already......

Words: 624 - Pages: 3

Premium Essay

Caterpillar Malcolm Baldrige Award

...CATERPILLAR FINANCIAL SERVICES CORPORATION TABLE OF CONTENTS AND FIGURES LIST P: Organizational Profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Figure P-1 Figure P-2 Figure P-3 Figure P-4 Figure P-5 Figure P-6 Figure P-7 1: Leadership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Figure 1-1 Figure 1-2 Figure 1-3 Figure 1-4 Figure 1-5 Figure 1-6 Figure 1-7 Figure 1-8 2: Strategic Planning 3: Customer and Market Focus 4: Measurement, Analysis, and Knowledge Management Measurement Architecture Sources & Uses of Comparative Data Information Systems Knowledge Management Approaches . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Figure 5-1 Figure 5-2 Figure 5-3 Figure 5-4 Figure 5-5 6: Process Management Customer Listening Approaches Customer Contact Mechanisms Customer Survey Approaches . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Figure 4-1 Figure 4-2 Figure 4-3 Figure 4-4 5: Human Resource Focus Strategic Planning Process Strategies and Action Plans Performance Projections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Figure 3-1 Figure 3-2 Figure......

Words: 39947 - Pages: 160