Strategic analysis of Lego company in the US market

Thesis title: Strategic analysis of Lego company in the US market
Author: Nguyen, Tan Hieu
Thesis type: Bachelor thesis
Supervisor: Kubíček, Aleš
Opponents: Pernica, Karel
Thesis language: English
Abstract:
The main goal of this thesis is deep analyzing the LEGO company's successful business strategy in the US market and formulate strategic recommendations. LEGO Group is known as one of the world's leading toy manufacturer brands with a unique play style which is a pioneer in the field of construction toys. Although the LEGO company's headquarters are in Denmark, LEGO still asserts itself as a dominant force in the US in the toy industry. The thesis explores how LEGO developed its core products from plastic bricks but maintained and achieved steady growth to become a giant in the toy sector. To clarify the above reasons, the analysis applies the methods of analyzing corporate statements, analyzing stakeholders, analyzing the external environment, analyzing the internal environment, analyzing the SWOT method and assessing economic activity through indicators. Consequently, there will be an overall view of how effective LEGO Company's business operations, strategies are in the US market compared to its competitors and formulated recommendations by authors.
Keywords: Business strategy; LEGO company; Toys industry in US; Construction toy sets Industry in US
Thesis title: Analyzing the business strategy of Lego company in the US market
Author: Nguyen, Tan Hieu
Thesis type: Bakalářská práce
Supervisor: Kubíček, Aleš
Opponents: Pernica, Karel
Thesis language: English
Abstract:
The main goal of this thesis is deep analyzing the LEGO company's successful business strategy in the US market and formulate strategic recommendations. LEGO Group is known as one of the world's leading toy manufacturer brands with a unique play style which is a pioneer in the field of construction toys. Although the LEGO company's headquarters are in Denmark, LEGO still asserts itself as a dominant force in the US in the toy industry. The thesis explores how LEGO developed its core products from plastic bricks but maintained and achieved steady growth to become a giant in the toy sector. To clarify the above reasons, the analysis applies the methods of analyzing corporate statements, analyzing stakeholders, analyzing the external environment, analyzing the internal environment, analyzing the SWOT method and assessing economic activity through indicators. Consequently, there will be an overall view of how effective LEGO Company's business operations, strategies are in the US market compared to its competitors and formulated recommendations by authors.
Keywords: Business strategy; LEGO company; Toys industry in US; Construction toy sets Industry in US

Information about study

Study programme: Bachelor of Business Administration
Type of study programme: Bakalářský studijní program
Assigned degree: Bc.
Institutions assigning academic degree: Vysoká škola ekonomická v Praze
Faculty: Faculty of Business Administration
Department: Department of strategy

Information on submission and defense

Date of assignment: 29. 11. 2023
Date of submission: 15. 5. 2024
Date of defense: 2024

Files for download

The files will be available after the defense of the thesis.

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