Canon Case Study Essay Example | Topics and Well Written Essays - 2000 words

Canon Case Study - Essay Examplesiness the company is to pursue, with the constitution of the activities it intends to be and the nature of the economic and non-economic contribution it intends to make to its shareholders and stakeholders. In effect, it embodied schema maps out a sense of delegation for a companys activities. Corporate strategy in effect maps out the businesses in which an government activity intends to compete in (Andrews, 1997, Lynch 2006).To formulate its corporate strategy, many researchers have call on constitution to assess their strengths and weaknesses, as well as its environmental threats and opportunities, so as to give the organization an pungency in chosen among alternative courses of action. (Hofer and Schendel, 1984) cited in Schneider, (1998). Thus, it is recommended that an organization performs a SWOT (strengths, weaknesses, opportunities and threats) analysis prior to formulating corporate strategy. Todays numerous challenges have pushed compa nies not to compete as individual companies but to submit and corporate with other businesses in their activities (Wu & Chien 20072).Canon an electronic company began in Japan with a representative and traditional Japanese business form having customers satisfaction and profit as its plaza of attention while specializing in the production of business machines, cameras, optical and other electronics. The company was founded by the starting line Chief executive officer Gerard in Japan and the father who later recruited a team of neat professionals to support its activities. In less than three decades of operation, the company assumed leadership role in the electronic market (Lynch 2006). Thanks to its innovative focus ideas, huge investment on research and development, good employees retention, and differential focus strategies, Canon innovative ideas and the companys cost focus and differentiation strategy earned it that position. Canon case has been analyzed using some analytic al models.From figure one above, doorkeeper