Research on Development Strategies of Large Comprehensive Multinational Corporations: A Case Study of Sony

As a large comprehensive multinational corporation, Sony Group has faced numerous crises since the early 21st century. Once a giant in the electronics industry, it showed signs of decline in the millennium era. This paper analyzes Sony Group from four aspectsstrengths, weaknesses, opportunities, and threatsusing the SWOT analysis method. The research finds that Sony Group's strengths lie in its broad product market and significant growth opportunities in the internet age. However, it also faces weaknesses in its adaptability to technological changes and the demands of the times, as well as threats from a highly competitive environment. Based on these conclusions, this paper suggests that Sony Group should maintain relatively stable operations by leveraging its business advantages in the global market. It should strive to provide more advanced products to a wide range of consumers and industry users, utilize the rapidly growing internet technologies to transform more online entertainment experiences, and offer differentiated products and services in a competitive environment. This study provides a comprehensive analysis of large multinational corporations, with a novel case study that offers new reference samples for the application of the SWOT analysis method.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-11-29
DOI
https://doi.org/10.54254/2754-1169/2024.17765
Primary Topic
International Business and FDI
Type
article
Field-Weighted Citation Impact
0.00
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article

Research on Development Strategies of Large Comprehensive Multinational Corporations: A Case Study of Sony

Xin Liu
Advances in Economics Management and Political Sciences
International Business and FDI
article

Research on Development Strategies of Large Comprehensive Multinational Corporations: A Case Study of Sony

Xin Liu
article en

Abstract

As a large comprehensive multinational corporation, Sony Group has faced numerous crises since the early 21st century. Once a giant in the electronics industry, it showed signs of decline in the millennium era. This paper analyzes Sony Group from four aspectsstrengths, weaknesses, opportunities, and threatsusing the SWOT analysis method. The research finds that Sony Group's strengths lie in its broad product market and significant growth opportunities in the internet age. However, it also faces weaknesses in its adaptability to technological changes and the demands of the times, as well as threats from a highly competitive environment. Based on these conclusions, this paper suggests that Sony Group should maintain relatively stable operations by leveraging its business advantages in the global market. It should strive to provide more advanced products to a wide range of consumers and industry users, utilize the rapidly growing internet technologies to transform more online entertainment experiences, and offer differentiated products and services in a competitive environment. This study provides a comprehensive analysis of large multinational corporations, with a novel case study that offers new reference samples for the application of the SWOT analysis method.

Advances in Economics Management and Political SciencesVol. 111(1)
SKEMA Business School (FR)
Industry, innovation and infrastructure
Openalex Percentile: Top 63%
International Business and FDI
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Research on Development Strategies of Large Comprehensive Multinational Corporations: A Case Study of Sony — Xin Liu · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS