Business analysis Research Paper Example | Topics and Well Written Essays - 1500 words

Business analysis - question Paper ExampleThe mart prices for topic and other wood products have been fluctuating with the ever-changing supply. To be able to succeed under the stressful market conditions, Domtar Corporation has had to set its goals clearly and come up with strategies of achieving these goals. This paper discusses how the recent economical trends have influenced Domtar business, the strategies that Domtar management has used as well as those it crumb use to adapt to the changing market. Additionally, the paper will focus on the tactics that Domtar has implemented and others that it female genital organ implement to adjust to the changing market in addition to the role that the Domtar Corporation human option department has played in enabling Domtar adapt. How Recent Economic Trends Are Influencing Domtar Business Like both other industry, the paper industry has as well as been gravely affected by the recent frequent economic crisis that has hit the global ec onomy. One of the direct effects of the global economic crisis has been a considerable exasperate in the price of Domtar shares. The economic crisis has affected the market prices of not just the paper but similarly the cost of obtaining machineries and fuels to run Domtars factories. Additionally, factor such as global warming that have hold up a great concern have affected Domtar due to its reliance on forest for bare materials. The need to sustain the environment has led to limitation on the tree harvesting making the sensitive material expensive and less available. Additionally, forest products tend to be seasonal which might not likeness with high market prices. What is more, forest products, inclusive of the paper and pulp are global and tend to be affected by fluctuations in the value of United States dollar. Over the conk few years, the dollar has been belittling greatly which has negatively affected the Domtar earnings. The fluctuations have affected even the prices of raw materials hence affecting Domtars operating margins negatively. Another factor that has changed in the paper market is the decline in the demand for paper products as well as pulp (Domtar, 2011 Clancy, 2004). Other factors have affected the Domtar market for its products include, poor conditions in the credit market in its core operational area which are Canada and U.S. Likewise, the frequent windstorm and hurricanes slow stamp out the shipment of Domtar paper and other products. Additionally, there have been increased taxes particularly in United States, which is also one of the major markets of Domtar. The increased taxes have negatively affected the Domtar income earnings. The increasing costs of fuels such as petroleum and coal have increased the transport costs. Additionally, Domtar is frequently affected by the ever-changing up-to-dateness exchanges, especially those involving the Canadian Dollar and the U.S. dollar (Domtar, 2011). Strategies That Domtar Has Used to Adapt to Changing Market Over the last two decades, more paper companies have started competing with Domtar for market in the North America where it had previously enjoyed small competition. To curb competition, Domtar mainly relies on producing highly specialized, quality, and customized products that enables it to thrive in the competitive market. Additionally, Domtar relies on its wide market as compared to other paper companies. Domtars paper products are competitively priced. Additionally, they keep analyzing the changing market requirements that characterize the paper industry through their website. After