BUSINESS PLAN

Business Plan

Business Plan

Introduction

This paper produces a business plan on Sharp Company for household system. The paper discusses an in-depth research study into the specific technologies associated with the products and services to be offered. The paper highlights the prototype product based on the products to be offered. The paper explains the operational plan that indicates the necessary tasks, resource requirements and scheduling in order to perform the start-up of the business.

Background

Major structural changes are occurring in the global economy. The world is moving closer to creating a low-carbon society. The framework for global decision making is shifting from the G7, which consists mostly of industrialized countries, to the G20, which includes emerging countries, too.

There is a dramatic worldwide shift in consumers' values too. Two capabilities will be vital for success in this environment. One is developing technologies for saving and creating energy that can support economic growth while cutting CO2 emissions. The other is becoming more cost competitive in relation to prices in emerging countries which has a surging demand for the products. Sharp has built and started operation of the environmentally advanced manufacturing complex GREEN FRONT SAKAI to produce energy-saving LCD panels and energy-creating solar cells and LED lights.

This would help the company to develop new innovative eco friendly products leading to strong sales and also contribute in protecting the environment. Strong growth demand for solar cells Strong growth in demand for solar cells is anticipated worldwide, aided by government environmental programs in various countries. Japan has enhanced subsidies to assist with installation costs for residential households.

The United States is expected to implement full scale “Green New Deal” policies. China as well is expected to establish policies that encourage more people to use photovoltaic power generation systems. The strong growth of solar energy, even green energy (renewable power, alternative power) is expected in the next few years. In fact the governments of different countries have already invested in the technologies in solar energy.

Business plan

A business strategy explains the plans of a business i.e. how is it planning to succeed in the market. This strategy is planned to make sure that the Sharp is able to evaluate its position against the competitors in the industry. Business strategy helps a business in formulating strategies according to the goals and objectives of the company and helps to target the potential customers. When a company is evaluating its own position, it sees the success factors of the companies that are on top in the industry and tries to formulate strategies and will make it the market leader in the industry. It seeks how it can achieve competitive advantage that will keep it ahead of other companies in the industry.

Specific Technologies

Sharp Corporation (Sharp or 'the company') is a leading maker of electronic components, computer hardware and peripherals. Strong technical expertise helps the company to get a clear competitive edge in many applications and regions of the world and helps to create a vertically integrated business model centered ...