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SWOT ANALYSIS ON Lucas Oil Products

Discuss SWOT ANALYSIS ON Lucas Oil Products within the Principles of Management ( P.O.M) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Lucas Oil Products is a corporation that manufactures and distributes automotive oil and additives. It was founded by trucker Forrest ...

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SWOT ANALYSIS ON Lucas Oil Products
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Abhijeet S
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SWOT ANALYSIS ON Lucas Oil Products - November 30th, 2010

Lucas Oil Products is a corporation that manufactures and distributes automotive oil and additives. It was founded by trucker Forrest Lucas in 1989.

The company is a sponsor of several NASCAR, H1 Unlimited, NHRA and Indy Racing League events

In 2005, Lucas Oil founded the Lucas Oil Late Model Dirt Series.

On February 28, 2006 that Lucas Oil purchased the naming rights to the Lucas Oil Stadium in Indianapolis, Indiana for $120 million over 20 years.[2] The facility opened in 2008 and is the home field for the NFL's Indianapolis Colts. Other events that have or will be held at the stadium include the 2010 NCAA Men's Basketball Final Four and the 2009 NCAA Men's Basketball Regional Finals. Future events scheduled for Lucas Oil Stadium include Super Bowl XLVI (February 5, 2012), the 2015 NCAA Basketball Men's Final Four, and the 2016 NCAA Women's Basketball Final Four.


Strengths

* Innovation
* Online growth

Weaknesses

* Diseconomies to scale
* Low R&D
* Aging Skill set
* Legacy infrastructure

Opportunities

* Innovation
* Online

Threats

* Competition
* Cheaper technology
* External changes (government, politics, taxes, etc)
* Exchange rate fluctuations
* Lower cost competitors or imports
* Maturing categories, products, or services
* Price wars
* Product substitution
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Re: SWOT ANALYSIS ON Lucas Oil Products
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Jitendra Mazee
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Re: SWOT ANALYSIS ON Lucas Oil Products - January 30th, 2018

Quote:
Originally Posted by abhishreshthaa View Post
Lucas Oil Products is a corporation that manufactures and distributes automotive oil and additives. It was founded by trucker Forrest Lucas in 1989.

The company is a sponsor of several NASCAR, H1 Unlimited, NHRA and Indy Racing League events

In 2005, Lucas Oil founded the Lucas Oil Late Model Dirt Series.

On February 28, 2006 that Lucas Oil purchased the naming rights to the Lucas Oil Stadium in Indianapolis, Indiana for $120 million over 20 years.[2] The facility opened in 2008 and is the home field for the NFL's Indianapolis Colts. Other events that have or will be held at the stadium include the 2010 NCAA Men's Basketball Final Four and the 2009 NCAA Men's Basketball Regional Finals. Future events scheduled for Lucas Oil Stadium include Super Bowl XLVI (February 5, 2012), the 2015 NCAA Basketball Men's Final Four, and the 2016 NCAA Women's Basketball Final Four.


Strengths

* Innovation
* Online growth

Weaknesses

* Diseconomies to scale
* Low R&D
* Aging Skill set
* Legacy infrastructure

Opportunities

* Innovation
* Online

Threats

* Competition
* Cheaper technology
* External changes (government, politics, taxes, etc)
* Exchange rate fluctuations
* Lower cost competitors or imports
* Maturing categories, products, or services
* Price wars
* Product substitution
Hey, thanks for your help and sharing the information on Lucas Oil Products. Well, i have also a document and uploading it where you would get more information on Lucas Oil Products.
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