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Suggested strategy for SMEs during the economic recession in Thailand : a case study of Thai Patanakit Transformer Co., Ltd. | |
Author | Montira Kaewtrakoolchot |
Call Number | AIT RSPR no. SM-00-36 |
Subject(s) | Small business|xThailand--Management |
Note | A research study submitted in partial fulfillment of the requirement for the degree of Master of Business Administration, School of Management |
Publisher | Asian Institute of Technology |
Series Statement | Research studies project report ; no. SM-00-36 |
Abstract | As a result of the bursting economic bubble in mid 1997, the economy has been in a continuous recession. Most businesses,, especially small and medium size enterprises in Thailand, have suffered significantly from the fluctuation of the interest and foreign exchange rates and the decreasing of domestic demand. I chose Thai Patanakit Transformer as the case study for my research. This research paper is an analysis of the industry and the company with the goal of developing business strategies and marketing strategies to deal with the constantly changing business environment. The external and internal environments had been analyzed to identify both opportunities and threats within the transformer industry. The company's internal strengths and weaknesses have been analyzed by benchmarking against its competitors. The buyer behavior was identified from buyer questionnaire surveys. The study found that Thai Patanakit is facing not ·only a price war, but also challenges internally within their management. The research furthermore identifies interesting points and useful recommendations that could be important, if not critical, to the continued success, development and survival of the company's products and services. |
Year | 2000 |
Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-00-36 |
Type | Research Study Project Report (RSPR) |
School | School of Management |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
Chairperson(s) | Johri, Lalit M; |
Examination Committee(s) | Bechter, Clemens;Sununta Siengthai; |
Scholarship Donor(s) | Asian Institute of Technology (Partial Scholarship); |
Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2000 |