note to expert I need Q5 answer as a Conclusion

Question 5

Discuss the lessons you have learned after studying the relationship between corporate performances, PEST & SWOT.

Conclusion

• Lessons you have learned after studying the relationship between corporate performances, PEST & SWOT of MR D.I.Y. Group Berhad.

• Question 3

  The PEST (political, Economic, Social and Technology) analysis on MR D.I.Y. Group Berhad.

ANSWER

The PEST (political, Economic, Social, and Technology) analysis on MR D.I.Y. Group Berhad.

Political Environment - MR D.I.Y. Group Berhad is a Malaysian home improvement company. They have branches in Brunei also. The political environment of Malaysia is favorable for the country. The Malaysian government has recently given a lot of benefits to companies in the country and is actively promoting and supporting big and small ones. This is an initiative to improve the economy of the country and to give job opportunities. The political environment is really favorable to MR D.I.Y. Group Berhad in Malaysia.

Economic Environment - The economy of Malaysia is highly diversified and robust. It is comparatively easy to do a business and make huge profits. The economy welcomes different industries and products. MR D.I.Y. Group Berhad has its difficulties concerning the economy. Anyway, it needs to overcome the economic challenges in order to go forward. The robust Malaysian economy is suitable for business. This is one of the main reasons the company has been successful in Malaysia.

Social Environment - The social environment in Malaysia is multi-social. This means that there are many religions and beliefs. The social environment is favorable for MR D.I.Y. Group Berhad. as the company does not need to concentrate on a particular group of people. It can market the products to a large audience of all beliefs. This is a highly favorable situation for the country. So the social environment highly favors MR D.I.Y. Group Berhad.

Technological Environment - Since MR D.I.Y. Group Berhad is not a technology company and it does need to make use of sophisticated technology, the technological environment has the least effect on the company. Having said this it is important for the company to have good technological backup and support. There are the needs to contact the customers, improving the websites and other needs. The technological environment in Malaysia is not that developed and this is a concern for the company.

Environmental Environment - The environmental environment is a serious threat to MR D.I.Y. Group Berhad. Malaysia faces a lot of environmental threats and wastes pollution and this is not favorable for the business. People may become reluctant to buy the products of the company with this in mind. Even though MR D.I.Y. Group Berhad. produces and distributes high-quality products this is an area of concern for the company.

Legal Environment - Malaysia has a common law legal system. This makes business easy to operate in the country. MR D.I.Y. Group Berhad also finds it easy to operate within the country with the law. The legal environment supports the business operating inside the country and this is advantageous for MR D.I.Y. Group Berhad. The government makes sure that the economy grows with favorable business laws.

This is the PEST analysis of MR D.I.Y. Group Berhad. The company has more things favorable on their side comparing with the disadvantages.

Question 4

The SWOT (Strength, Weakness, opportunity and Threat) analysis on MR D.I.Y. Group Berhad.

ANSWER

SWOT of MR D.I.Y. Group Berhad.

Strengths

1. Good brand awareness in the industry

2. Support of the Malaysian governemnt

3. Established business

4. Customer loyalty

Weaknesses

1. Changing organizational policies

2. High cost of transportation

3. Lack of price flexiibility

4. Similar product sn the market

Opportunities

1. Expansion for online sales

2. Ability to expand to more stores

3. Acquisition of more capital

4. Affiliate relationship with vendors

Threats

1. Change in government regulations

2. HIgh insurance costs

3. Competition selling the same products

4. Increasing price inputs

note to expert I need Q5 answer as a Conclusion