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Nucor corporation competing against low cost steel imports case study

22/10/2021 Client: muhammad11 Deadline: 2 Day

Case Study

Nucor Corporation: Competing Against Low-Cost Steel Imports

· Problem Statement

· Solution To Problem Statement: Chronologically

· Nucor Corporation: General Information

· Nucor Corporation: Timeline

· Mission Statement

· Industry Analysis

· Primary Competitive Forces impacting Steel Producers

· Global competition:

·

· Driving forces at work … impact on industry’s structure

· Emerging buyer preferences

· 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

· 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

· Failure Forecasting for US Steel Makers

· Nucor Corporation: Company Analysis

· SWOT Analysis

· Strength

· Weakness

.

· Opportunities

· Threats

The Other Threats are:

· Value Chain Analysis: Primary Activities

· Inbound Logistics

· Operations

· Outbound Logistics:

Marketing and Sales

· Service

· \

· 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

· Alternatives – 1:

· Alternatives – 2:

· Alternatives – 3:

·

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