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In 1st year of its operation sales was $1,00,000/In 1980 Sales grew to $10,00,000/In 1980 product catalogue listed 600 items. In 1980 Profit after tax was $ 7,50,000/-
MBAs Hired
Additional Designers
Burt Klapper
Maria Wazeter
Sy. Baxter
Jens Quistgaard
Niels Refsgaard
Royalty
Gunnar Cryen
Supplier
Delegation
Style
Strength 1..Marketing/Strong brand recognition 2.Product development 3.Strong consumer loyalty 4.Industry leader
Weakness 1.No manufacturing operations 2.No research of market segment 3.No standard operating procedures 4.Aging corporate officers/Leadership
Opportunity 1.Expand market segment with new housewares product line, Dansk Gourmet Designs Ltd 2.Recruitment of formally educated management 3.New materials and technology
Threats 1.New suppliers for raw materials and manufacturing to handle expansion 2.Financing resource 3.Rivalry among existing competitors in new pricing market and customer segments 4.Global marketplace
1.No manufacturing operations 2.No research of market segment 3.No standard operating procedures 4.Aging corporate officers/Leadership
1.Expand market segment with new housewares product line, Dansk Gourmet Designs Ltd 2.Recruitment of formally educated management 3.New materials and technology
1.New suppliers for raw materials and manufacturing to handle expansion 2.Financing resource 3.Rivalry among existing competitors in new pricing market and customer segments 4.Global marketplace
Entrenched Leadership
Acquired OR Public
Possibility of Mfg.