abhishreshthaa
Abhijeet S
Emerson Electric Company is a major multinational corporation headquartered in Ferguson, Missouri, United States. This Fortune 500 company provides engineering services for a wide range of industrial, commercial, and consumer markets.
Emerson is one of the largest conglomerate companies in the USA. As of 2008, it has a workforce of approximately 140,000 employees worldwide, with a global presence spanning 150 countries.
Strengths
* Cost advantage
* Strong management team
* Unique products
* Connections with local US wineries
* Untapped market/ Early market entry
* Fascination with Western wines
Weaknesses
* Availability of cheap local wine
* High import taxes
* Competition from exisiting Breweries/ Liquour companies
Opportunities
* Emerging markets and expansion abroad
* Growing number of western restaurants
* Increased Hospitality centers/ travel centers
* Decreased governmental regulation in import/ export
* Increased disposable income of Indian people
Threats
* Competition
* Exchange rate fluctuations
* Price wars
* Other wine countries exporting wine (France, Spain etc)
Emerson is one of the largest conglomerate companies in the USA. As of 2008, it has a workforce of approximately 140,000 employees worldwide, with a global presence spanning 150 countries.
Strengths
* Cost advantage
* Strong management team
* Unique products
* Connections with local US wineries
* Untapped market/ Early market entry
* Fascination with Western wines
Weaknesses
* Availability of cheap local wine
* High import taxes
* Competition from exisiting Breweries/ Liquour companies
Opportunities
* Emerging markets and expansion abroad
* Growing number of western restaurants
* Increased Hospitality centers/ travel centers
* Decreased governmental regulation in import/ export
* Increased disposable income of Indian people
Threats
* Competition
* Exchange rate fluctuations
* Price wars
* Other wine countries exporting wine (France, Spain etc)