Comparison Of Competitions: Lenovo's Challenges In China

The number of the competitors has been increased in the market. Some of them include Apple, IBM, Samsung, and many others. Even in the past, there were a number of competitors that presented challenges for the organization. Dealing with them or even matching with their products always requires the deep understanding of the features their brands. This issue is still prevalent, and there are chances that it would increase in number and intensity. The major competitor that it has to confront is IBM. Both of them are considered to be the rival in their respect industry. In China, Lenovo has a strong base, but in the other countries or in more proper words in the whole of the world, IBM has its strong base. People consider their qualities to be of paramount importance and the competitor that is offering more values will get more revenue with the increment in the sales, and the one that offer lesser will have to ponder over its survival. As in the words of the Chief Marketing Officer, these are the products and the services that we ought to deliver.
The challenge of the new products, like …show more content…
For instances, spending money over the research so that the crucial and significant information could be generated might be very quirky task, but the whole of the system depends over it. The management of the business is required to invest money in its research and development department so that the manufacturing department could gain access to the right and useful information. Information is what determines the sustainability and success of the business every other thing is secondary. This is the right use of the information that can enhance the ability of the organization to deal with the competitors efficiently and effectively. Information of the customers as well as the competitors is