SWOT analysis of HP Inc Essay Example | Topics and Well Written Essays - 500 words

SWOT analysis of HP Inc - Essay Example , the company is able to easily enter into a business partnership with multi-national companies such as in the case of Starbucks in terms of using HP’s Wireless Connection Manager software for the Wi-Fi access of Starbucks’ clients. (Weinschenck, 2002) Aside from having good and loyal customer reputation in terms of patronizing HP’s PC-related products, the company continuously improves its global distribution network over the years. (BNET, 1998) By enhancing its global distribution network, the company is able to easily distribute its product and services across the world. Thus, strengthening the company’s ability to increase its annual sales and profitability. Since 1999, HP continuously exerted extra effort in protecting its product and services through the U.S. intellectual property law. (HP, 2008a) By actively registering its newly innovated products and brand name under patent and trademark, the company is highly HP’s Storage Division falls short of its client’s expectations. (Maitland, 2004; Vance, 2004) For this reason, the company has experienced a 5% decline in revenue because of HP’s server and storage division. Likewise, this causes the company’s share to fall down from $19.10 to $16.28 back in 2004. (Vance, 2004) HP continuously innovate new product and technology to satisfy the needs and wants of its target consumers. (Hoffman, 2007) Aiming to increase the business opportunity of HP, the company has recently designed and marketed a universal printer driver in order to increase its competitive advantages over other brands. In order to overcome the company’s weaknesses, HP entered into merger with Compaq in order to improve its storage division. (Stammers, 2004) In the process, HP should take it as a challenge to improve its Server and Storage Division by changing its existing storage landscape. (Maitland, 2004) Failure of HP to immediately act upon its weaknesses imposes a significant threat over its annual revenue and

Will US dollar lose its role as the global reserve currency before Essay

Will US dollar lose its role as the global reserve currency before 2050 - Essay Example There is a tendency among governments and individuals to diversify by storing the value of their wealth in other dominant currencies, other than the dollar or converting them into commodities. The BRICs development bank, weakening dollar trend, increased US budget deficit, emergence of alternative contender currencies, and shifting pricing away from the dollar elaborates on the serious threat the US dollar faces, in its position as the global reserve currency. The US Dollar has served as the dominant and world reserve currency for about seventy years today, since the adoption of the system back in the 1940s. Over the years, it gained acceptance and increased use in international transactions and by governments’ central banks for purposes of storing value, exchanges and invoicing transactions. It brought numerous advantages to the governments across the world, and especially the US citizens, whose purchases of goods or services have been at much cheaper rates compared to foreign nations. Some countries went on to peg their currencies to the dollar, but they have experienced the risks besides the benefits of the act. Though still a global reserve currency, the US dollar has been faced by numerous challenges towards the end of the 20th century and the past one decade. Inclusive to this are the exposed weakening US dollar, depreciated dollar and risk of volatility, emergence of challenging currencies to the dollar, changing monetary in stitution and dollar pricing, and diversification against the dollar. Though a debatable issue, the US Dollar is more likely to lose its role as the global reserve currency by 2050. It appears that countries are slowly changing their currencies in trading of products even at the international level. Where dollars have been used, other currencies are taking control. For example, most wise and even rich people have studied the behavior of the