In: Operations Management
five factors under each of the four headings swot?
How could this type of discussion benefit an organization?
Answer 1 :
Five factors under each of the four headings swot :
The SWOT analysis defines the overall performance of the business and where it stands in the market. It gives an important overview regarding the value of the business. This analysis is not only for the businesses but also for the products as well. This is a powerful tool to develop business strategy for an existing company and to start a new company. Businesses can minimize their risks and work accordingly.
SWOT analysis of my organisation;
Strengths: It is the most dominant business in the market due to its brand image
Weakness : Sometimes not accurate in keeping track of the employees performance.
Opportunity: As a company it has so many opportunities as it enters the new market.
Threat: Sometimes it might face challenges because it is operating closer to its competitors.
Answer 2 :
According to me those are some of the things that I have observed from my organisation. Overall the company's performance is up to the mark and the relation building is strong and fast. So there is no chance of any kinds of failure that can take place with the business.The sales rate gets doubled from the first day of its operation, since then it did not decrease to the bottom in terms of sales quantity. The analysis gives the small percentage of the performance but not the complete performance, because it can change and improve from time to time.
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