Business Strategies by Alex and Doreen Essay Example | Topics and Well Written Essays - 1500 words

Business Strategies by Alex and Doreen - Essay Example With the company’s total sales of $597,123 compared with the average of best of three of the companies at $653,764 from the CRR, the company could be deduced to be nearly closed, although below, to the average. Since the company ranked third out of eight companies and yet below the average, it would mean the top and second ranking companies may have higher sales revenues than the company. Â  As to what the best companies are doing in terms of strategies, the facts case study is not also clear. There is also no information on industry or company growth from one period compared to others periods for the purpose of deriving information on whether the industry is characterized by growth or not. Â  In term of profitability, the company is observed to be performing less than the industry average using the best of the three from the other companies. With $39,227 as net income compared with $110,254 average of the best of three, the company is less superior. Thus the company can be considered performing less than the average, which indicates the weakness of its strategy. Since the company ranked fifth out of eight firms in terms of net income in relation to sales, it would mean that Sparke Electrical was performing less than half of all the total of the number of companies on the average. Â  Any strength of Sparke Electrical is not evident based on its revenue and profitability performance compared with an average of eight companies in the industry.