3. Strengthening brand recognition- Pandora could enter a foreign market to have a strong global presence which can be done by advertising its service and hiring known personalities to help them achieve this. Weaknesses 1. Consecutive annual losses- the company have been incurring losses which, if continued could bring them into bankruptcy. 2. Lack of sources of income- their only source of income is through their advertisement revenues which would not be sustainable in the long run. 3. Sound quality- developing the sound quality so that the subscription-based version is as same as to the one who is not yet subscribed. Strengths 1. Employee strength- motivated employees are productive employees. Pandora makes sure to boost the morale of their employees which could make working be lighter. 2. Positive workplace- Pandora uses its own service to make the work environment be optimistic and comfortable and reduce stress among its employee.
3. Strengthening brand recognition- Pandora could enter a foreign market to have a strong global presence which can be done by advertising its service and hiring known personalities to help them achieve this. Weaknesses 1. Consecutive annual losses- the company have been incurring losses which, if continued could bring them into bankruptcy. 2. Lack of sources of income- their only source of income is through their advertisement revenues which would not be sustainable in the long run. 3. Sound quality- developing the sound quality so that the subscription-based version is as same as to the one who is not yet subscribed. Strengths 1. Employee strength- motivated employees are productive employees. Pandora makes sure to boost the morale of their employees which could make working be lighter. 2. Positive workplace- Pandora uses its own service to make the work environment be optimistic and comfortable and reduce stress among its employee.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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