Rossetta Inc
1351 words
6 pages
Rossetta Stone Inc.I. Current Situation
A. Current Performance
Proactive and aggressive potential for profit about Rosetta stone's growth, the language – learning industry produced over 83$ billion in consumer spending.
From 2004 to 2009, Rosetta Stone’s revenue increased from $25.4 million to $252.3 million, representing a 58% compound annual growth rate
B strategic posture
1. Misson
Rosetta Stone’s mission was to change the way people learn languages. The company blended language learning with technology at a time when globalization connected more and more individuals and institutions to each other & appropriate for Rosetta Stone to offer products like audio books or services in order to increase …show more content…
o explore opportunities in additional markets in Europe, Asia, and Latin America.
Threats
o various risks face user were exposed to as a result of Internet fraud
o corrupted software and software viruses.
o Strong competitions
o Increasing government regulation
Review of current Mission and objective
o current mission appears appropriate.
o the objectives for company are very cleared.
VI Strategic Alternatives and recommended strategy
Strategic Alternatives
1. growth through all over the world; increase the number of offices in more than one country.
a. {proc}: more growth in Asia & middle east
b. {cons}: Rossetta Stone have the financial resources to play this role and to increase its profit & planned to developed its international business
2. encourage customers & individuals to learn new languages and share marketing for learning new languages by using new methods such as phones , IPAD, mp3 player
{proc} Rossetta Stone may have to corporate with more technological companies
{Cons} this can increased its efficiency and performance more than the recent years, and get more customer from all over the world.
B. Recommended strategy
1. Looking forward to new product , technology, marketed and online services in order to increase the number