Fuji Film Company Analysis Report

Exclusively available on Available only on IvyPanda® Made by Human No AI

Introduction

This company is in the film industry. The film industry is so dynamic and volatile to environmental changes, for one to survive, it has to be ever innovative in order to adapt. Most companies are increasingly becoming under intense pressure to change their operational styles in order to contest with their core business rivals.

In a liberalized market economy, competition is the order of the day; products and services are almost the same. There are so many sellers competing for clients. It’s in the interest of a firm to significantly hold up a policy of employing highly trained professionals who are not only multi-skilled but are also innovative and enthusiastic enough to ensure that the company maintains its competitive edge. Fuji is therefore likely to suffer from the following challenges in the current changing global market.

Competition

In the modern market, environmental firms are have become so competitive. This is because of the changing consumer needs. If an organization is not able to respond to its customers, it will be very difficult to open up space both in the domestic as well as in international arena. Competition has become a tool for benchmarking organizations’ milestones to prosperity, determine their technological advancement, and lock in key potential buyers and suppliers. This is strategically important in the business industry. Fuji Film should ensure that it has the necessary human resource to drive the company to its edge. This can only happen when there are systems that are functioning well and therefore assure the management of future progress.

Information technology

The recent advancement in technology has revolutionized the manner in which business transactions and activities are done and carried out. The current global economic trend is that firms want to carry out business transactions and activities efficiently and effectively. This has led to organizations embarking on systems that are cost-saving, reliable, and productive. The use of information technology will ensure that there is efficiency in the production line by reducing the number of staff and increasing the output level. Most high-performance organizations are technology-oriented. Fuji film has gained a considerable domestic market share, and there to maintain this, it has to incorporate the use of modern information technology. This will help broaden its customer base in the international market, for instance, a case where customers can get the services they want through the website; they don’t have to travel to the physical business premises. Fuji Film can also digitalize the entire photo film process. This can ensure that there is an increase in the production sector as well as in the client base. The firm can also devise ways of payment, perhaps through debit cards, electronic wire, and automated teller machines.

Customers will spend less; access more services plus more hours of operations. Information technology can also help a firm achieve its communication; there will be effective means of sending and receiving messages. Effective communication is an essential element for coordinating operational activities; it’s this strategic advantage that makes the use of information technology relevant and important, especially in an organization like the Fuji Film. The top fifty companies use information technology as a crucial tool to maintain their competitive strategy.

Human resources issues

Staff training

Since this industry is dynamic, employees should continue sharpening their skills and talents to make them more innovative and competitive enough to tackle the emerging challenges. It should be understood that it’s the employees who will determine the prosperity of an organization.

Recruitment

This refers to the process of selecting employees with the necessary qualification to fill the position that falls vacant or created. Recruitment should be rigorous to ensure that only the best among the selected qualifies.

Employees turn-over

Employee turnover is a common problem in a working environment; most prosperous organizations are people who value their employees by looking into their welfares. In order to protect talented employees, organizations should have a system where best-performing employees are rewarded, conflict handled, and promotion gave priority. (Batiste Publications, 1998)

Conclusion

Fuji film should be aware of the global changes that can negatively impact their future, employ innovative staff, and incorporate the use of information technology. This will make her survive not only in the short run but also in the long run.

Work cited

Batiste Publications.challenge changes in the global market. 1998. Web.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2021, December 2). Fuji Film Company Analysis. https://ivypanda.com/essays/fuji-film-company-analysis/

Work Cited

"Fuji Film Company Analysis." IvyPanda, 2 Dec. 2021, ivypanda.com/essays/fuji-film-company-analysis/.

References

IvyPanda. (2021) 'Fuji Film Company Analysis'. 2 December.

References

IvyPanda. 2021. "Fuji Film Company Analysis." December 2, 2021. https://ivypanda.com/essays/fuji-film-company-analysis/.

1. IvyPanda. "Fuji Film Company Analysis." December 2, 2021. https://ivypanda.com/essays/fuji-film-company-analysis/.


Bibliography


IvyPanda. "Fuji Film Company Analysis." December 2, 2021. https://ivypanda.com/essays/fuji-film-company-analysis/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1