Business plan on Sony Bravia Plasma Television

Number of Words : 3662

Number of References : 12

Assignment Key : SMGMES-355

Popular By : Sony PORTER Analysis, Sony SWOT ANALYSIS, Marketing plan on Sony, Sony Strategic analysis

Contents

  • Content for this assignment1 EXECUTIVE SUMMARY 3
  • Content for this assignment2 INTRODUCTION 4
  • Content for this assignment3 BUSINESS PLAN OUTLINE 5
  • Content for this assignment4 ABOUT THE BUSINESS 5
  • Content for this assignment5 PRODUCTS AND SERVICES 6
  • Content for this assignment5.1 ANALYSIS OF THE IMPACT OF PORTER’S FIVE FORCES 6
  • Content for this assignment5.2 BUSINESS STRATEGY 8
  • Content for this assignment5.3 MARKET RESEARCH AND COMPETITION 9
  • Content for this assignment5.4 SWOT ANALYSIS 9
  • Content for this assignment5.4.1 Strengths 9
  • Content for this assignment5.4.2 Weaknesses 10
  • Content for this assignment5.4.3 Opportunities 10
  • Content for this assignment5.4.4 Threats 10
  • Content for this assignment6 IMPLEMENTATION PLAN 11
  • Content for this assignment6.1 RESPONSIBILITY ASSIGNMENT MATRIX 11
  • Content for this assignment6.2 PROJECT COMMUNICATION PLAN 12
  • Content for this assignment6.3 FINANCE PLAN 12
  • Content for this assignment6.4 SCHEDULE PLAN 14
  • Content for this assignment6.5 ISSUE AND CHANGE MANAGEMENT PLAN 14
  • Content for this assignment6.6 QUALITY SPECIFICATIONS: 15
  • Content for this assignment6.7 PROJECT DEPENDENCIES 16
  • Content for this assignment6.8 PROJECT METRICS 16
  • Content for this assignment6.9 HUMAN RESOURCE PLAN 17
  • Content for this assignment6.9.1 Roles and Responsibilities. 18
  • Content for this assignment6.10 ACTION PLAN 20
  • Content for this assignment7 PROJECT CLOSURE 21
  • Content for this assignment8 REFERENCES 22

Description

Sony Bravia Plasma Television range is the new addition to Sony Bravia LCD televisions and PFM Series Plasma displays. Sony Bravia Plasma Televisions are fitted with built in tuner card, which the PFM series lack. Since Sony Bravia LCD televisions have made a mark in the markets worldwide, Sony had decided to introduce Plasma televisions under the brand name Sony Bravia. Sony Plasma televisions are facing stiff competition from their own LCD televisions in the USA and Japan. One of the reasons LCD televisions fare better than Plasma although the picture quality and viewing angles of Plasma are better than LCD televisions is that LCD televiews are much cheaper and affordable to middle and upper middle class consumers. Another factor that goes against Plasma televisions is the altitude factor. Plasma televisions are said to give poor performance in high altitudes. Sony with an intention to revive its Plasma television market has chosen Australia to launch their new series i.e. Sony Bravia Plasma Televisions. The reason Sony has chosen Australia to launch Plasma televisions is that Australia is one of the of the flattest continents and that altitude problems do not arise in Australia much except for the South East region.
The business launch outlines prelaunch, post launch activities, marketing, financial plan and exit strategy. The business plan also outlines market research, risk analysis SWOT analysis, competition, market segmentation etc.
The market launch budget for the product is AUD 250,000. The budgeting does not include the cost of the televisions or the stocks. It includes all the activities related to market launch such as advertising material, customer service training, online advertising, dealer/distributor appointment and training etc.. The budge also includes the advertisements given in print and electronic media, promotional campaigns etc..

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