Prepare a case study for Nucor Corporation in 2014: Combating Low-Cost Foreign Imports and Depressed Market Demand for Steel Products in given format:
- Problem Statement
- Solution To Problem Statement: Chronologically
- Nucor Corporation: General Information
• Nucor Corporation: Timeline
• Mission Statement
- Industry Analysis
o Primary Competitive Forces impacting Steel Producers
Global competition:
o Driving forces at work ... impact on industry's structure
Emerging buyer preferences
o General Environment Analysis: PESTEL
PESTEL refers to
Political, Economic, Sociological, Technical, Environment and Legal analysis of Industry or a specific Company
Political: Affecting Issues
Economical: Affecting Issues
Sociological: Affecting Issues
Technological: Affecting Issues
Environmental: Affecting Issues
Legal: Affecting Issues
o Porter's Five Force Model: Graphical Analysis
Threat of New Entrants: Moderate
Threat of Substitute Products: Low
Rivalry among Competing Firms: High
Bargaining Power of Buyers: Moderate
Bargaining Power of Suppliers: Moderate
o Failure Forecasting for US Steel Makers
- Nucor Corporation: Company Analysis
o SWOT Analysis
Strength
Weakness
.
Opportunities
Threats
The Other Threats are:
o Value Chain Analysis: Primary Activities
Inbound Logistics
Operations
Outbound Logistics:
Marketing and Sales
Service
o Value Chain Analysis: Support Activities
Firm Infrastructure
Human Resource Management
Technological Development
Procurement
- Nucor's Key Success Factors
- Competitive Environmental Analysis
Nucor Position over Rival
- Recommendation: Overall
- Recommendation: 3 Alternatives to the Problem Statement
o Alternatives - 1:
o Alternatives - 2:
o Alternatives - 3: