Glo bus simulation Essay Example | Topics and Well Written Essays - 750 words

Glo bus simulation - Essay Example technologies ever cognizant that the imaging industry evolves so quickly that emerging technology could easily render a prevailing technology obsolete and irrelevant. A5 Digital Camera Co. also caters to market where it can strategically position its product favorably that would highlight its advantages as a company allowing it to profit and grow while developing new technologies as a foresight to the ever changing future. The markets that A5 Digital Camera identified where it can leverage its position are both the end-user hobbyist and the professional photographer. These markets prove to be favorable to A5 Digital Camera due to its sheer size and relatively new market considering that digital camera industry is still relatively in its nascent stage. The room to explore new market among end users is still considerable allowing further growth for the company. In addition, it can still develop new markets of which A5 Digital Camera could be a pioneer by introducing new technologies that is considered cutting edge in the digital imaging industry. To ensure that the market will remain relevant in the market, A5 Digital Camera will develop its core competencies and product lines to make each and every process in the company create value for the customer. A5 Digital Camera will also continue to seek new markets and identify areas in the market that has not been fully covered or served by the competitors. Better yet, identify markets that have not been discovered by the competitors. These markets will provide invaluable opportunities for A5 Digital Camera to dominate these markets and acquire market share with the least competition. In addition to seeking emerging and unexplored markets, A5 Digital Camera will also identify markets that have few competitions and ventured by small players where A5 Digital Camera can exploit its size and advantages to challenge the existing players. This will allow A5 Digital Camera to acquire new markets and/or widen its market