timbre 6: Strategic Challenges Major problems: 1)Protecting ingathering speciality Because of the situation that Under equip does not have a obvious on any of the materials used in its products, if they be not cargonful there know how can be stolen and opposite companies can implement their admit versions of their products. 2)To concentrated on mavin merchandise (Economic D admitfall) The current economy in their study grocery the unite States is on a slippery peddle and this is unsafe because 93 percent of their gross revenue is establish in the United States with only 7 percent being international sales. place all their eggs in one and only(a) basket could conduct them to reliant on one securities industry and stuck with no think b. 3)Major Competitors and upcoming competitors Other companies have the peachy power grown them the ability to imitate Under Armours product versions. Also the gymnastic apparel industry has small barriers to entry, so at anytime, honourable like Under Armour, did another partnership could explode onto the scene. squirt Problems: 1)Male Dominant Focus Under Armour mens apparel make up the lions share of sales, representing 68 percent of apparel sales and women sales only accounted for 23 percent.
2) Seasonality There appears to be a trend that sales are higher in the third base and fourth living quarters of each year, alligning with the football and basketball seasons. Step 7: doing Plan for solving Major problems: 1)Protecting product differentiation As the book states, It needs to be cautious in it s licensing agreements so that companies do ! not steal its know how and introduce their own versions. On top of this Under Armour can not stand still, they must keep being innovative on a continual basis. Examples are, Creating new specialized products to meet lymph node needs, upgrading their services, and having excellent total quality management programs, all these things founder keep them ahead of the competition. 2)To concentrated on one merchandise (Economic Downfall) As...If you want to get a full essay, order it on our website: BestEssayCheap.com
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