The current assignment requires you to perform a SWOT Analysis on the common business aspects of ONE
Question:
The current assignment requires you to perform a SWOT Analysis on the common business aspects of ONE (1) company of your choice in a specific industry. Analyse the company in terms of its strengths, weaknesses, opportunities, and threats and suggest how it can improve its business performance.
SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. The SWOT analysis is an extremely useful tool for understanding and decision-making for all sorts of situations in business and organizations.
You would need to conduct online and library research and present the relevant supporting details and evidence for each aspect.
The following questions may be used to guide your discussion and reporting. Please take note that these are ONLY guiding questions. You may include other information which you consider as essential in your business report. Check the resource section later.
Strengths
1. What does the business do well?
2. What are the competitive advantages of the business?
3. Does the business have a strong sense of purpose and the culture to support that purpose?
Weaknesses
1. What does the business do poorly?
2. Are there any lack of competitive strengths?
3. What problems could be avoided?
Opportunities
1. Are the industry trends for the business that the company is involved in moving upward? (Research the industry trends for business X, support them with evidence, cite the sources accurately)
2. Do new markets exist for its products or services? (Research the new markets for the company’s products or services, support them with evidence, cite the sources accurately)
3. Are there any new technologies that you think the company can exploit? (Research the new technologies which you consider as potential for the company to adopt, support them with evidence, cite the sources accurately)
Threats
1. Who are the competitors for the company? (Be specific for your marketplace)
2. What are the competitors doing well?
3. What obstacles does the company face?
4. Are there any changes in the business environment for the company, such as technologies, laws, and regulations that could affect the company? (Research the technologies, laws, and regulations changes which you consider as harmful to the company, support them with evidence, cite the sources accurately)
In the conclusion, discuss how the company can decrease the impacts of the threats/weaknesses that you have identified.
The current assignment requires you to perform a SWOT Analysis on the common business aspects of ONE (1) company of your choice in a specific industry. Analyse the company in terms of its strengths, weaknesses, opportunities, and threats and suggest how it can improve its business performance.
SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. The SWOT analysis is an extremely useful tool for understanding and decision-making for all sorts of situations in business and organizations.
You would need to conduct online and library research and present the relevant supporting details and evidence for each aspect.
The following questions may be used to guide your discussion and reporting. Please take note that these are ONLY guiding questions. You may include other information which you consider as essential in your business report. Check the resource section later.
Strengths
1. What does the business do well?
2. What are the competitive advantages of the business?
3. Does the business have a strong sense of purpose and the culture to support that purpose?
Weaknesses
1. What does the business do poorly?
2. Are there any lack of competitive strengths?
3. What problems could be avoided?
Opportunities
1. Are the industry trends for the business that the company is involved in moving upward? (Research the industry trends for business X, support them with evidence, cite the sources accurately)
2. Do new markets exist for its products or services? (Research the new markets for the company’s products or services, support them with evidence, cite the sources accurately)
3. Are there any new technologies that you think the company can exploit? (Research the new technologies which you consider as potential for the company to adopt, support them with evidence, cite the sources accurately)
Threats
1. Who are the competitors for the company? (Be specific for your marketplace)
2. What are the competitors doing well?
3. What obstacles does the company face?
4. Are there any changes in the business environment for the company, such as technologies, laws, and regulations that could affect the company? (Research the technologies, laws, and regulations changes which you consider as harmful to the company, support them with evidence, cite the sources accurately)
In the conclusion, discuss how the company can decrease the impacts of the threats/weaknesses that you have identified.
The current assignment requires you to perform a SWOT Analysis on the common business aspects of ONE (1) company of your choice in a specific industry. Analyse the company in terms of its strengths, weaknesses, opportunities, and threats and suggest how it can improve its business performance.
SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. The SWOT analysis is an extremely useful tool for understanding and decision-making for all sorts of situations in business and organizations.
You would need to conduct online and library research and present the relevant supporting details and evidence for each aspect.
The following questions may be used to guide your discussion and reporting. Please take note that these are ONLY guiding questions. You may include other information which you consider as essential in your business report. Check the resource section later.
Strengths
1. What does the business do well?
2. What are the competitive advantages of the business?
3. Does the business have a strong sense of purpose and the culture to support that purpose?
Weaknesses
1. What does the business do poorly?
2. Are there any lack of competitive strengths?
3. What problems could be avoided?
Opportunities
1. Are the industry trends for the business that the company is involved in moving upward? (Research the industry trends for business X, support them with evidence, cite the sources accurately)
2. Do new markets exist for its products or services? (Research the new markets for the company’s products or services, support them with evidence, cite the sources accurately)
3. Are there any new technologies that you think the company can exploit? (Research the new technologies which you consider as potential for the company to adopt, support them with evidence, cite the sources accurately)
Threats
1. Who are the competitors for the company? (Be specific for your marketplace)
2. What are the competitors doing well?
3. What obstacles does the company face?
4. Are there any changes in the business environment for the company, such as technologies, laws, and regulations that could affect the company? (Research the technologies, laws, and regulations changes which you consider as harmful to the company, support them with evidence, cite the sources accurately)
In the conclusion, discuss how the company can decrease the impacts of the threats/weaknesses that you have identified.
Managerial Accounting
ISBN: 978-0077522940
15th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer