Internal and external business environments
Conduct a SWOT analysis on a company of your choice, PLEASE READ DIRECTIONS CAREFULLY WHEN DOING THIS ASSINMENTS
DIRECTIONS:
- Please pick a company and use the “SWOT Analysis” concept (Daft Chapter 8) to identify strengths, weaknesses, opportunities, and threats that this focal company faces.
- Use subheadings to organize your paper. Explain your answers with supporting evidence and cite your sources (APA format preferred).
- Format. Your paper should be 2-3 pages, with 1.5 spacing.
- THIS WILL BE REVIEWED BY TURNITIN
- I WILL PROVIDE SLIDES FROM LECTURE ON STRENGTHS, WEAKNESSES, OPPORTUNITIES, AND THREATS
- IT IS VERY IMPORTANT TO REFER BACK TO THOSE SLIDES WHEN DOING THIS ASSIGNMENT
Requirements: 2-3 page
I will also provide you with a link to the book https://cloudflare-ipfs.com/
Please look at chapter 8 if you need extra reference
each slide has an example, please refer to them when answering “Please pick a company and use the “SWOT Analysis” concept (Daft Chapter 8) to identify strengths, weaknesses, opportunities, and threats that this focal company faces.”
Answer preview
Apple Inc. has to deal with numerous threats within the technology industry. One of these threats is the increasing level of competitive rivalry within this industry, occasioned by rivals continuously trying to enhance their operations to gain a competitive advantage over the company (Smithson, 2020). An increase in the strength of competitors will adversely affect the company’s market position and, subsequently, its revenues and profit margins. Apple Inc. outsources manufacturing and production functions as a labor cost control strategy (Smithson, 2020). Even though this strategy has been effective, it is a potential threat to the company, primarily due to the increasing wave of labor reforms taking place in countries where the company outsources its manufacturing and production functions. These reforms are leading to an increase in the salaries of individuals contracted to manufacture the company’s products (Smithson, 2020). Due to this, Apple Inc.’s labor costs will go up, a factor that will eat away at its profits.
Answer preview
Apple Inc. has to deal with numerous threats within the technology industry. One of these threats is the increasing level of competitive rivalry within this industry, occasioned by rivals continuously trying to enhance their operations to gain a competitive advantage over the company (Smithson, 2020). An increase in the strength of competitors will adversely affect the company’s market position and, subsequently, its revenues and profit margins. Apple Inc. outsources manufacturing and production functions as a labor cost control strategy (Smithson, 2020). Even though this strategy has been effective, it is a potential threat to the company, primarily due to the increasing wave of labor reforms taking place in countries where the company outsources its manufacturing and production functions. These reforms are leading to an increase in the salaries of individuals contracted to manufacture the company’s products (Smithson, 2020). Due to this, Apple Inc.’s labor costs will go up, a factor that will eat away at its profits.
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Internal and external business environments
