SEES CANDY CHOCOLATE analysis
See who was an immigrant to Los Angeles from Canada where finally in the year 1972 Warren Buffet bought the company at a price of $25 million. • Therefore, see’s candy chocolate company is privately owned. Shareholders • Mainly, See’s Candy Company Foundation is the only shareholder which is large holding 75% 0f the votes and 30% of the capital share. • The company has approximately 51,400 shareholders who are registered. Employees • The number of employees adds up to 1500 permanent and 6000 seasonal employees. • Fixed Assets: this is mainly the actual maintenance of all the intangible assets and also the fixed ones register according to IAS/IFRIS. • Reporting: this involves the reparation of consolidation for all the financial statements and package which are periodic to the See’s Candy Chocolate Company.
ORGANIZATIONAL SKILLS AND ASSETS Skills are those personal practical knowledge’s that enable him or her to do something well or excellently. Assets are those goods or property a particular company or organization may possess ready for payment if bankruptcy arise, (Kianto pg. Skills and assets of the managers and the stakeholders of the See’s Candy enables them plan for better strategies of the company that enables them to remain strong. These skills have the following advantages: Marketing skills enables the company or the organization to promote its business activities such that the company gets a lot of recognition from the customers from a very wide and huge market where the products are being sold. • Marketing skills in See’s Candy enables them to enhance and advance their brand recognition.
• Skills also increase the profits of the business organization after selling chocolate to the wide number of buyers. MARKET ANALYSIS Each and every international market which is successful mainly will require establishment of positions which are competitive in the market and also a market which is attractive overseas. See’s Candy Chocolate Company in this case has been due to the following factors: • Many people are already aware of and use chocolate and it is consumed in all the parts of the world. In this case governments of many different states tend to raise the levies which leave the companies with a very little profit. • Competition regulation. This in many cases is brought about by the government while it is trying to make some companies at the same level.
This creates favourism of some companies by the government where it may lead to lowering of the prices of commodities therefore affecting those companies who have good bases. Economic conditions These are factors which mainly affect the purchasing power of many consumers or customers and their pattern of spending also. Good examples are: • The means of communications between people • The power of purchasing • Advertising preference Communication means Every ethnic group and community has its own way of communication. Therefore, it is the task of See’s Candy to ensure that communication goes well between their employees and their customers. It is due to this reason that See’s Candy has ensured that it masters all the cultures of their customers to ensure that there is efficiency.
The Power of Purchasing Before See’s Candy establishes its shop company in any location, it first investigates the power of purchasing or the kind of customer and their attitude towards chocolate in that area they are in need of starting their business. They are always aware of a place before they establish their company. Therefore, the See’s Candy try to make sure that it maintains its customers by setting prices according to duration and also according to social classes. The table below shows prices of chocolate and how they are set. Purchase date Price per see’s candy chocolate Today $100 June $ 70 Labor Day $ 80 Good Friday $ 40 Demand is determined by the buyers and the products available n the market at a given period of time.
The following drawing shows the demand of the chocolate sold by the See’s Candy Company. Price level verses quantity demanded Price per see’s candy chocolate $20 $30 $40 $50 $60 Amount demanded 10 8 6 4 0 From the table, we are able to know that if the price is high, therefore the demand will be low. Mainly, monopoly in most cases it tries its level best to keeps its huge profits high all the time such that all of its profits is maximum all the time. This is among its advantages to the people who base their competition on this side. Oligopoly competition In this competition you will find that there are very many companies competing and none has an advantage in it. Oligopoly mainly has some of key descriptions and characteristics which are that the firms cannot be able to act independently to each other.
To the firms which tend to be interdependently them keenly prefer strategies in making decisions such that they have will laid strategies on how to compete with their market rivals. Also, competition determinants may be determined by those inconveniences and problems that face a particular market. All the relationships forms needed in a market place and which are basic are supposed to be available in each and every step where competition is involved. All the distinguished types of competition come from all the required necessities from the market phenomenon whereby many of the researchers tend to focus on those feature which are special while studying business analysis. Work cited Clarke, Adele E. , Carrie Friese, and Rachel S. "A Review of the Marketing Environment of ASEAN on the Basis of the New Situation of the South China Sea [J].
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