As a group of Strategists, you need to assist a chosen existing firm in conducting a SWOT
Question:
As a group of Strategists, you need to assist a chosen existing firm in conducting a SWOT analysis. Draft a report on Saudi Basic Industries Corporation (SABIC) that should include the following elements:
1. State organization’s vision, mission, and goals/objectives.
2. Identify targeted market segments and customers of the organization.
3. What type of products and/or services does the organization provide?
4. What is the organizational philosophy (values, beliefs, principles) in producing its products?
5. Conduct the following analyses:
5.1. Internal Factor Evaluation (IFE)
5.2. External Factor Evaluation (EFE)
5.3. Competitive Profile Matrix (CPM)
5.4. Strengths-Weaknesses-Opportunities-Threats (SWOT)
6. Based on SWOT analysis, identify at least five appropriate potential strategies that can help the firm to achieve its vision and mission.