SWOT Analysis Essay Example for Free

SWOT Analysis Essay A SWOT analysis is a tool to identify the strengths, weaknesses, opportunities and threats involved in a business. Strengths mean characteristics of a business in advantage over others, while weaknesses are disadvantages relative to others. Opportunities mean elements that a business can exploit for its development, while threats are trouble will be face to. SWOT is to carry out the environment analysis and separate information into internal and external factors. Then, it determines whether they are favorable and unfavorable to achieve the objective so as to help an organization enhance advantages and minimize disadvantages. A SWOT analysis needs to be conducted in a proper and realistic procedure to get the complete and objective results. The participants of this analysis should be a group of people with different perspectives so that they can contribute different valid viewpoints. They can be various stakeholders of a company, such as shareholders, managers, employees, and even customers. It is typically conducted using a SWOT matrix and holds a brainstorming session to identify the factors and bullets them with priority in each of the four categories. Participants must be realistic about the environment analysis of target organization and try to keep the analysis compact. There are two most important part of a SWOT analysis, to help a business reduce risk and improve performance (Markgraf 2013). Firstly, this analysis can identify critical threats coupled with internal weaknesses that may put a company in a trouble. It improves the viability of a business about changing environment and highlights the most serious issues. For example, a new export policy issued by government could be a serious threat to the export-led industry. They should reduce resources allocated in export business and shift focus to domestic markets. Laurence (2013), a judicious recognition of global realities, states that to adapt to the appreciation of its currency, China’s farsighted plan is to have switched the economy to a domestic consumption-driven model. The external threats require companies to adjust their business plan to adapt to new circumstances. Secondly, a SWOTÂ  analysis can indicate actions to improve the performance of a business. Taking advantage of an opportunity from a position of strength helps ensure the success of the corresponding venture. If a company has a capital advantage and the other one has technological advantage, they can integrate firstly and then dominate other competitors. For example, Peak the top two Chinese video-sharing websites, Youku and Tudou, jointly announced that the two companies have signed a definitive agreement to integrate into Youku Tudou Inc. on March 12th, 2012 (Peak 2012). This Merge helps them to strengthen competition power in the online video market with 35 percent share. To achieve the objective, a business has to find connection between its strengths and external opportunities. A SWOT analysis has become a popular method to help a business to identify its strengths, weaknesses, opportunities and threats. People should conduct this analysis in a proper way to appraise critical internal and external factors so that SWOT will be valuable to reduce risk and improve performance of a business. Reference Markgraf, B. (2013). The Two Most Important Parts of SWOT Analysis. Chron. Retrieved March 17, 2015, from http://smallbusiness.chron.com/two-important-parts-swot-analysis-61546.html Neville, L. (2013). Cover: A New Economic Model For China. Global Finance. Retrieved March 18, 2015, from https://www.gfmag.com/magazine/january-2013/cover-a-new-economic-model-for-china Peak, K. (2012). Chinese online video companies Youku, Tudou merge. Vatornews. Retrieved March 17, 2015, from http://vator.tv/news/2012-03-12-chinese-online-video-companies-youku-tudou-merge

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Executive Summary Before adopting the euro as the official currency in 2001, Greece was one the stable European economies. The early stages of the currency transition worked very well for Greece. However, the state later fell into financial crisis, which has not only affected Greece’s government, but also the entire European countries and their trading partners, such as the United States. Therefore, the Greece financial crisis has become a global concern with the United States Congress, making it a continuous concern brought about by trading partnership, United Banks exposure, and the involvement of the International Monetary Fund institutions. The Greece financial crisis could have been controlled, had it not been for the malicious acts by countries such as Germany and France, which were already using more than the limit at that time. Several nations have both supported and opposed the financial support towards responding to the Greece financial crisis. Nevertheless, it is clear that withdrawi ng from the Eurozone or defaulting the debt would have had many devastating effects on the Greece market investors, the European Union, the European Central Bank, and the European trading partners. The Greek Prime Minister Papandreou has been under great pressure from the opposition, as his parliament passed the austerity measures, which have contradicted his campaign manifesto. However, the search for a lasting solution to help Greece regain its economic stability have continuously formed debate agenda in different political and economic platforms in European and global forums 1- Introduction The Eurozone is facing a serious severing debt crisis. Several member states of the European community have high, potentially unsustainable levels of... ...ded with the correct measures. The debt continued to pile to amounts that Greece could no longer afford to repay on its own. Several response strategies have been employed to help reestablish the Greece economic conditions to levels before the crises. However, these efforts have only achieved helping the Greece government to avoid the default. These response strategies include Fiscal Consolidation and Economic Reforms in Greece. Banks also aided Greece in getting out of the crises. The European Union Central Bank and the International Monetary Fund gave loans to Greece market investors. The Federal Reserve (Fed) also supported the response to the crisis through the establishment of temporary reciprocal currency arrangements referred to as swap lines with several central banks in the Eurozone in a bid to increase the liquidity of the dollar in the global economy. â€Æ'

Porter five forces of AirAsia Essay

Rivalry among existing competitor Air Asia offers flights with lower price that other companies, but there are some companies that also offer service by the same price such as Malindo Air and Firefly and also these companies provide service with the same level of Air Asia so, in this case rivalry among existing competitor is high. Threat of substitutes We can define substitutes as a product or service that can be replaced with original product and give more satisfaction to customers. In airline industry these substitutes exist, For example if someone wants to go to Singapore from Kuala Lumpur can choose bus or train. As we know the bus is the cheapest transportation so customer prefers bus. But if we assume that customer wants to go to Australia airline is a good choice and by access internet customers will compare prices and choose the more reasonable for themselves in such a case threat of substitutes is moderate to Air Asia Power of buyer Success of industry can influenced by buyer. So, which companies offer better service to their customers , they are winner of the competition. Air Asia has lower price with better services than others, so it can be a good choice for customer. Power of buyer is a quite high to Air Asia. Power of supplier Every industry has some suppliers these suppliers have their own effect on the industry for airlines. There are only two options Boeing and Airbus. All airline company have the same situation. Both of them provide almost same standards aircraft and hence switching to Air Asia is low. Moreover Air Asia place order form Airbus to expend its routs to international routes so power of supplier may be reduced as Airbus’s profit may be influenced by Air Asia . Generally power of supplier is a quit moderate to Air Asia Threat of entrants Setting up airline industry needs a high capital so it has high barriers, for  example purchase aircraft, set up services, hire staff and†¦. It’s not enough most of time customer choose the product or industry which they are really trust. New entrants have to create brand loyalty by making huge investment to establish reputation. government legislation is one of the barriers for entering to this industry because it is too difficult getting a new flight route from government. Profit of Asia Air is related to extend their network for example MAS has been protected by Malaysia government on the route to Sydney and Seoul Incheon hence situation for AirAsia getting difficult to find a new route and it influence Air Asia’s profit. In another way AirAsia is closed to government in south Asia this helps Ari Asia to open up and capture a sizable market in south Asian countries. Government policy has limited new entrant so AirAsia is already settled on the market.

A Brief Note On Darwinism Pro And Cons - 1975 Words

Option 2: Darwinism Pro/Cons A heuristic is a mental process that is used to solve a specific problem. It is informal, intuitive and quick algorithm which brain uses to develop an estimate answer in response to a reasoning question. Mostly, heuristic is helpful because they permit to quickly make sense of a complex environment bur sometimes it is failing to correctly assess the world. When heuristics failed to develop a correct judgement, it sometimes results into cognitive bias. Bias is a tendency to draw an incorrect conclusion. The mismatch in our judgement and reality is the result of a bias. The heuristics are mainly used in the reasoning. The bias that heuristics can develop reflect the constraints of a reasoning system. Darwin explain heuristic and bias in the evolution in terms of genetic change, the notion of gradualism, changes occurring in many generations (sometimes they occur very quickly and subjected to the evolutionary pressures), the concept of speciation (in which, new speices developed from existing species, common ancestry of the various species, tracing of the new species on the common branch, finally a original ancestor), the mechanism of the natural selection, about different mixtures of the genes, which are reproduced in comparison to others more successfully as a result of the various abilities of the individual organism to survive and reproduce in the common environment, and about the presence of the some processes that contributed in evolutionaryShow MoreRelatedContemporary Issues in Management Accounting211377 Words   |  846 Pagesintroduction, Ittner and Larcker (2001) stated that the most striking observation that came to them in the course of their review of the empirical managament accounting literature is the extent to which research is driven by changes in practice. They note that this might mean that management accounting research has become more relevant, after having been criticized for its irrelevance in the 1980s. However, the faddish nature of management accounting research has not encouraged theoretical integrationRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesed. p. cm. Includes indexes. ISBN-13: 978-0-13-283487-2 ISBN-10: 0-13-283487-1 1. Organizational behavior. I. Judge, Tim. II. Title. HD58.7.R62 2012 658.3—dc23 2011038674 10 9 8 7 6 5 4 3 2 1 ISBN 10: 0-13-283487-1 ISBN 13: 978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual 2 3 4 5 6 7 8 Diversity in Organizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception andRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pages6000 Anglo Neo-Europes Western Europe Latin Neo-Europes World average Southeast Asia China India 5000 4000 3000 2000 1000 0 Fig. 1.2 1850 1870 1900 1913 1930 Per Capita GDP in Regions of Emigration and Immigration Note: Calculated from data on GDP available in Angus Maddison’s www.ggdc.net/maddison. The category â€Å"Anglo Neo-Europes† represents the average for the United States, Canada, Australia, and New Zealand; â€Å"Latin Neo-Europes,† the average of Argentina and Uruguay;