Question

Conduct a SWOT analysis for the current risk management practices of an organisation with which you are familiar. Complete the template below. If you do not know an organisation, then you are able to make up an example if you demonstrate an understanding of what is required.

Please choose the organization in Hobart Tasmania.

Answer 1

About Organisation

Levi Strauss and Co. is an acclaimed clothing organization which has 4 significant brands under it; Levi's, Signature, Denizen and Dockers. The Levi's denim is its most well known brand and has made a faction in the youthful age. The organization is headquartered in San Francisco, US.

Strengths in the SWOT Analysis of Levi Strauss :

• Solid Portfolio of Brands: Levi Strauss has the accompanying brands under its kitty: Levi's, Signature, Denizen and Dockers. All these are built up brands and have solid ubiquity. This causes Levi Strauss to assemble client review and expanding deals year on year.
• Solid Global Presence: Levi Strauss items are accessible in more than 110 nations and it has more than 60 creation offices around the globe which fortify its market nearness and offer. This additionally diminishes the danger of over reliance on a particular geographic market.
• Different circulation channels: Levi Strauss conveys its items through different dispersion channels including the chain of retailers, organization stores just as on the web. This helps expanding market entrance of the organization.
• Associated with youth: Levi Strauss has a famous picture in the adolescent as it brings out smart items focusing on little youngsters and young ladies. This fortifies its image value.

Weakness in the SWOT Analysis of Levi Strauss :

• Over reliance on barely any discount clients: Levi Strauss is vigorously subject to its 10 significant wholesalers who represent over 31% of its net incomes. Any break in contracts with these can influence the money related states of Levi Strauss.
• Reliance on contract makers: Approximately 97% of Levi Strauss' items are from free item producers. These makers are situated in 30 distinct nations. Reliance on free makers builds the business chance for Levi Strauss.
• The guile of brand name: Levi Strauss has been a survivor of the trickery of items before and this influences brand picture and furthermore impacts deals. This has hampered a great deal of Lev Strauss' the same old thing.

Opportunities in the SWOT Analysis of Levi Strauss :

• Development in the US clothing market: There has been a steady development in the US attire showcase though gradually. This guarantees steady development for Levi Strauss in perhaps the biggest market which represents about 24% of its worldwide deals.
• Improving Lifestyles in rising countries: With expanding per capita pay and improving the way of life of the individuals from developing countries, attire showcase is set to profit by the potential increment sought after for marked garments.
• Web based retailing: Levi Strauss has 4 brand devoted sites through which it conveys its online retail business and is likewise present through different other online stages. With development in web based retailing, Levi Strauss can use its image value to epitomize the interest made.

Threats in the SWOT Analysis of Levi Strauss :

• Rivalry: Being a worldwide brand in the attire business, Levi Strauss faces serious rivalry from different other worldwide and nearby brands. With quick changing patterns in style, the organization must be refreshed and maintain enhancing in control to remain in front of the opposition.
• Expanding Labor costs: Labor costs have expanded everywhere throughout the world which builds creation costs for the organization. This influences the valuing structure and the deals of the organization.
• Web based business permits new brands to enter: Before the foundation of the E-trade world, it was hard for another brand to enter the market and build up itself. Be that as it may, with the E-business set up everywhere throughout the world, new brands have an incredible stage to rival any semblance of Levi's.

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