Page 11 - CIMA OCS Workbook February 2019 - Day 1 Suggested Solutions

SUGGESTED SOLUTIONS

Opportunities Threats

• The commercial market is growing • Significant competition in the
rapidly (average 7.4% per year). commercial market.
• Playgrounds run by local governments • Growth in digital toy market.
have been renewing their play • The domestic market comprises of a
equipment since 2017. number of small and medium sized
• Possible acquisition of Safari Toys who companies all offering similar products in
manufacture and sell a range of safari this limited market.
themed products. • Any changed is legislation regarding
• Development of indoor play equipment. safety compliance training will affect
• Development of new range of outdoor Trigg.
play equipment. • Seasonal nature of demand for products.
• Use of recycled materials. • Risk if installation team found to have a
• Trigg has submitted a tender under the criminal record.
government initiative, FITKIDS, to supply
local region’s schools with outdoor play
equipment.
• Tax benefits and grants will be available
to companies that move towards being
more sustainable.
• Further use of IT/IS - e.g. use of
CAD/CAM/etc in production.
• Improve sustainability to help win govt
contracts.

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