...

MBA FPX5008 Assessment 1 Interpreting Graphical Representations of Data in Articles or Reports

MBA FPX5008 Assessment 1

Hewlett-Packard: The Business Context

            In order to accomplish this, we have to use advanced visual aids to present the data, which will enable us to identify the major trends and outcomes for sustainable development. In this paper, we will attempt to determine how HP employs these visual tools to assist people to comprehend and act on the world. In the course of conducting regression analyses of Hewlett-Packard’s business activities, it was discovered that there were many interconnections. MBA FPX5008 Assessment 1 relationships are depicted well in diagrams and graphs in the following ways. In this paper, we will try to identify how HP’s strong business skills may influence both local and global environmental strategies. It is, therefore, important to look at these visual images of data to help us understand the meaning of these images in relation to local processes and the general effort in promoting sustainable development. This study also reveals HP’s environmental compliance and, at the same time, how crucial it is for companies to disclose how they earn their revenue.

Relevance/Importance of Information

            This is because it is one of the largest companies in the world, and thus, it has to adopt sustainable development strategies in its business plan. Hewlett-Packard was founded in 1939 as an audio oscillator company in a garage in the city of Palo Alto. Today, it is a world leader in computers, printers, and imaging (Hewlett-Packard Enterprise Development, n. d. ). HP is a company that has, in the past, been able to respond to changes in technologies, markets, and the business environment.

MBA FPX5008 Assessment 1 Software and Services

It has shifted its focus from hardware to software and services, which is proof that HP is indeed listening to its consumers and following the trends of the industry. Hewlett-Packard can effectively manipulate and manage the market, and this can be seen in the change in its strategy, for instance, the merger with Compaq in 2002. It is clear from the above that Hewlett-Packard has a good approach when it comes to sustainability, which seems to balance the organization’s financial and environmental responsibilities. This is especially the case where ecological problems are worsening and impacting the working conditions and the SDGs.

Factors Affecting Business

This is because technological advancements, especially the growth of mobile and cloud computing, have made Hewlett-Packard shift its strategic direction (Yu, 2022). Hewlett-Packard Company was originally a hardware company, but they changed their business strategy to adopt the software and services that are suitable for the current world. The competition in the printer market is quite high, which is why Hewlett-Packard always has to think of new strategies and build effective partnerships. These steps are important for HP to be at a competitive advantage and be able to manage the stress from competition well (Barnes & Bhagavathy, 2020). Also, changes in the economy are major factors that affect the business planning of the Hewlett-Packard company. For instance, during the dot-com bubble that burst in early 2000, there were a lot of issues. Hence, Hewlett-Packard had to alter its strategies and ensure that the methods were viable in an unstable economy.

Data Impact on Business Context

This is because data analytics is valuable to Hewlett-Packard as it provides them with useful information that will enable them to make the right choices for the company in aspects of the organization. Hewlett-Packard monitors the market through sales data and alters the products it offers in the market to be in a position to compete effectively. For instance, there were releases of eco-friendly printer models because people wanted to purchase environmentally friendly products (Landi et al., 2022). Hewlett-Packard solves issues with the help of data analysis of production and supply chains (Landi et al., 2022). This enhances production and reduces the costs. This process of streamlining is very crucial in order to maintain the work rate.

Click on the link and get MBA FPX 5008 Assessment 3 Applying Analytic Techniques to Business

 Hewlett-Packard can analyze the comments of the customers to know how they behave so that it can create a marketing strategy and product features for each of the customers. This, in turn, makes the customers happy and loyal to the company. This method helps improve the position of HP and its products in the market and tailor them according to the requirements of the market (Landi et al., 2022). MBA FPX5008 Assessment 1 Hewlett-Packard enhances its digital marketing activities by applying data analysis to reach certain segments of consumers who have certain behaviors and preferences. This makes the campaigns more interactive and thus leads to more sales (Landi et al., 2022).

The following real-time sales data from the store and wholesaler networks are used to predict demand, control product levels, and adjust marketing strategies according to geography to achieve the best sales results: Hewlett-Packard (Landi et al., 2022). Data is vital to the strategic planning of Hewlett-Packard, but some things should be looked into. This means that if data is collected wrongly, people will make wrong decisions, which is why it is very vital to have proper checks on data. It is essential to ensure that the privacy of customers’ data is well protected. This implies adhering very closely to all the data protection standards and using very strong security systems.

Graph 1: Analyzing the Supply Chain Performance of Hewlett-Packard

            The first picture (a) demonstrates the dynamics of Hewlett-Packard’s product turnover in the period between 2015 and 2022. This is very crucial in determining the efficiency of the supply chain. From 2015, the change rate was 7. Overall, the supply chain management at HP was good as the company was able to meet the market demand of 3x. MBA FPX5008 Assessment 1 may have been due to the fact that the companies were able to monitor their products as well as the needs of clients. In their work, Lie and Ellitan (2024) state that the highest level was reached in 2017, 8. 3x is the best balance between managing supplies and selling, where the company will try to maximize its profit. This means that HP precisely managed its inventory during this time, which may be attributed to the company’s ability to forecast demand and carefully monitor its stock. However, after that, turnover reduced and was only 6. 5x by 2022.

MBA FPX5008 Assessment 1 Queue Time

This could mean new issues, such as longer queue time, stockpiling, or delayed sales. As pointed out by Lie and Ellitan in the year 2024, there can be external factors that may have contributed to the sales drop, including the lack of some parts, which has put HP in a poor position to meet the market’s demands. This may be due to external factors such as a shortage of materials, which may have made it difficult for HP to meet its sales target, thereby affecting its income. According to this study, Hewlett-Packard can solve these supply chain issues if it can improve its economic plans, especially in terms of environmental scanning and sustainability. This would in turn make the company more sensitive to changes in the market and hence enhance the business performance.

Looking at the second graph (b) of the depth index, we can notice the same pattern that we identified when analyzing the inventory shift data (Lie & Ellitan, 2024). This waste not only affects HP’s income but also reveals the problems of the whole supply chain. MBA FPX5008 Assessment 1 line denotes the relationship between HP’s efforts in the integration of business movements and environmental imaging. In particular, it seems that more collaboration leads to these attempts at growth being more fruitful. These projects are being planned and executed more efficiently as environmental visualization is gradually becoming a more integral part of Hewlett-Packard’s business activities.

 From this information, one can appreciate the role that Hewlett-Packard’s financial and economic contribution played in environmental graphics. HP has been boosting its economic impact and increasing its focus on ecological stewardship, and this company is poised to make valuable contributions to the advancement of these technologies. This strategy is aimed at enhancing internal performance while at the same time supporting the achievement of bigger environmental objectives. It also depicts HP’s contribution to advocating for environmental and business shifts.

Graph 2: Comparative Revenue Analysis Among Tech Giants

            This paper presents a comparison of the yearly incomes of Hewlett-Packard Inc., Lenovo, and Dell in detail from 2015 to 2022. This is how the world’s technology market is evolving. Sales of Hewlett-Packard Inc. and Dell in 2015 and 2016 were almost the same at the beginning of the given period. This would mean that the two companies were in a state of balance in terms of competition and, hence, had similar Marketplaces. This time of equality demonstrates how stiff the tech industry is and the need to be flexible in one’s strategies.

Looking forward to 2017, it is evident that there is a shift. Dell’s sales started to increase a lot, moving from $90 billion in 2017 to $101. However, the income of Hewlett-Packard Inc. has a smooth trend and has no sharp changes in the growth rates. First, the numbers rose from $58 billion in 2019 to a peak of $63. was estimated to be at $460 billion in 2021 and then gradually decrease to $62. 910 billion in 2022. MBA FPX5008 Assessment 1 stable revenue stream reveals how powerful HP is and indicates the areas for which more resources should be directed to increase the rate of growth. In terms of sales, Lenovo was in third place right after Hewlett-Packard and Dell at the beginning of the year 2011, but the sales of the company have been growing gradually, and it has become the first company in the world in sales in 2022.

Importance of Data Analysis in Terms of Business Context

This information is crucial for HP since it will help them identify their market performance and areas in which they need to make sound changes. From the above trends, it means that to fight big companies like Dell and Lenovo and regain their market share. HP can seek the following strategic approaches: expansion of its product lines, improvement of customer services, or introduction of new technologies, as indicated by Lie and Ellitan (2024).

Hewlett-Packard’s analysis of product change trends from the same period, as described in this paper, reveals that there may be some problems with the supply chain management. This is because the inventory turnover rate has been declining, which may imply that HP is stocking up too many products or selling them at the wrong time in the sales cycle, a situation that may not make customers happy and, therefore, affect the company’s revenue. By properly analyzing the available data, Hewlett-Packard can enhance its market and operating strategies. It can also be used to foster change in technology and the environment, among other areas. It enables HP to take swift action regarding market changes, enhance the organization’s operations, and contribute more to long-term economic development.

Conclusion

MBA FPX5008 Assessment 1 Hewlett-Packard’s activities, most of the time, result in the enhanced environmental attitude and behavior of the people of the area. Still, these activities may have some negative impacts on the neighboring areas as well. This shows that it is crucial to have strategies that balance the development of the regions.

References

Akadiri, S. S., Adebayo, T. S., Riti, J. S., Awosusi, A. A., & Inusa, E. M. (2022). Environmental Science and Pollution Research, 3(4). https://doi.org/10.1007/s11356-022-22012-0

Awano, H., & Tsujimoto, M. (2021). Sustainability, 13(8), 4573. https://doi.org/10.3390/su13084573

Barnes, J., & Bhagavathy, S. M. (2020). Energy Policy, 138(3), 111198. https://doi.org/10.1016/j.enpol.2019.111198

Hewlett Packard Enterprise Development. (n.d.). About Hewlett Packard Enterprise: Information and Strategic Vision | HPE EUROPE

 Embedding sustainability in risk management: The impact of environmental, social, and governance ratings on corporate financial risk. Corporate Social Responsibility and Environmental Management, 29(4). https://doi.org/10.1002/csr.2256

Lie, J., & Ellitan, L. (2024). Supply chain transformation of Hewlett-Packard Incorporated: A crucial step to increase SCM performance. International Journal Research, 11(1), 77–102. https://doi.org/10.5281/zenodo.10499851

Yu, J. (2022). Influence of HP financial economic effect on environmental visualization under sustainable development. Journal of Environmental and Public Health, 2022, 1–9. https://doi.org/10.1155/2022/7891516

    Please enter correct phone number and email address to receive OTP on your phone & email.

    Verification is necessary to avoid bots.
    Please Fill The Following to Resume Reading
    Please Fill The Following to Resume Reading

      Please enter correct phone number and email address to receive OTP on your phone & email.

      Verification is necessary to avoid bots.
      Scroll to Top
      Seraphinite AcceleratorOptimized by Seraphinite Accelerator
      Turns on site high speed to be attractive for people and search engines.