Wednesday, May 6, 2020
Cirue Du Soleil - 3282 Words
Abstract: This course work will concentrate on marketing analysis of the worldââ¬â¢s leading circus company Cirque du Soleil. Based on the data given it will conduct a PEST, Porterââ¬â¢s 5-Forces, SWOT analysis and discuss the results, together with results paper will concentrate on marketing and positioning strategies and Ansoffââ¬â¢s Matrix, and also recommend strategy measures for achieving sustainable economic development outcomes. It was found that, first of all, Cirque du Soleil is making a profit while most of its competitors are fail to break even. Second, with its innovative and creative productions, the Cirque stays in a distinct position that none of its competitors can compete. Third, the Cirqueââ¬â¢s shows ease to accept byâ⬠¦show more contentâ⬠¦This course work will concentrate on marketing analysis on strategic prospective of the worldââ¬â¢s leading circus company Cirque du Soleil. Based on the given material and found external information it will co ncentrate on analysis of PEST, Porters 5 analysis, SWOT and discuss the results of the findings, together with an outcome paper will concentrate on Ansoffââ¬â¢s Matrix analysis and recommend strategy measures for achieving sustainable economic development outcomes. 2. PEST and Porterââ¬â¢s 5-forces analysis PEST analysis was undertaken to determine general facts and factors that affect circus industry whether positively or negatively. Different factors were scanned, spotlighted and analyzed and some of them were listed in the outcomes. |Positive factors |Negative factors | |Political Factors affecting Circus Industry | |â⬠¢ Political stability |â⬠¢ Strict pro-employee employment policy | |â⬠¢ Investment (FDI) friendly policies | | |â⬠¢ Well defined legislation | |
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