It is time to select a company for your Strategic Management Plan. In 1-2 paragraphs provide a brief description of the organization you selected
It is time to select a company for your Strategic Management Plan. In 1-2 paragraphs provide a brief description of the organization you selected and the reason why you chose that particular company.
MODULE 3 ASSIGNMENT- SWOT ANALYSIS
Strategy formulation requires an objective analysis of the factors that characterize the company’s strategic situation. There are a number of techniques that can be used to create a quick strategic overview of the company. SWOT analysis is an example of such a technique. SWOT analysis is based on the assumption that an effective strategy derives from a soundit” between the company’s internal resources (Strengths and Weaknesses) and its external situation (Opportunities and Threats). A good fit maximizes the company’s strengths and opportunities and minimizes its weaknesses and threats.
Positive Negative Internal Factors Strengths
- Technological Skills
- Leading Brands
- Distribution Channels
- Customer Loyalty
- Customer Relationship
- Production Quality
- Absence of important skills
- Weak Brands
- Poor Access to Distribution
- Low Customer Retention
- Unreliable Product/Service
External Factors Opportunities
- Untapped Markets
- Technological advancements
- Mergers, joint ventures, partnerships, or strategic alliances
- Socio-cultural trends
- New Distribution Channels
- Changing Customer Tastes
- Closing Geographical Markets
- Technological Advances
- Changes in Government Policy
- Tax Increase
- Change in Demographic Structure
- New Distribution Channel
With the information above and other research, conduct a SWOT analysis on the company you selected. The format presented above should be used for your analysis.Then provide a 1-2 page narrative describing the analysis you conducted.
Please please please make sure the topic is good. I used verizon network and my teacher game a 0 and then I tried starbucks and she gave me another 0. SHe told me the companies were too large and I should use a local business. it HAS to be a small company/local company.
Small business such as a nail salon or local pet store
Kennellys is a local grocery store in my neighborhood. It was founded by two former coworkers of the Walmart Company in the year 2013. These coworkers came together and combined their different skills to form an entrepreneurship project of their own……………………………