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/ipfs/bafykbzacebzxgs2jot5654ogahvwhtxtthxhz3mdeuj5mnevmgjrewbp7jlxi?filename=Daft%2C%20Richard%20L%20-%20Management-Cengage%20Learning%20%282015_2016%29.pdf

 

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.

[814 Words]

Internal and external business environments

Business environments

Your market analysis studies the dynamics of a market and what makes potential customers tick. For this professional assignment, you will develop a market analysis for your business. Product is called SwapSoles which are some innovative shoes that allow you to change the soles to perform sports and do leisure activities as well. (This is an imaginary product; it does not exist)

* All the information is already provided in the Word Document attached. You just need to re-structure the information into the following structure, paraphrase all the text to eliminate plagiarism, and add more relevant data from peer-reviewed sources. It is very important that you re-write the information as this is information is from another class assignment and would appear as plagiarism if not properly paraphrased.

Structure of the report:

Instructions:

-Double spacing

-Font: Times New Roman, Size 12

-At least six (6) peer-reviewed sources (include DOI in reference page) (Use some of the existing references but add at least 3 new references)

-In-text citations

-No plagiarism (IMPORTANT)

Requirements: follow structure indicated

This should be an easy one as all the information needed is included in the document attached and I mostly need help paraphrasing the text, adding new peer-reviewed sources and re-structuring the information into the structure required for this report. Let me know if you have any questions.
Answer preview

different customers according to various attributes (Dolnicar et al., 2018). Due to this, an organization can maximize product sales and improve its profit margins (Dolnicar et al., 2018). SwapSoles are designed to cater to predominantly fashion and health-conscious customers and those who play different sports, be it at the professional or amateur levels. Concerning demographics, the product will target customers aged between 15 and 40 years.

This target market will include children in high school who prefer using the same pair of shoes for their everyday activities and for extra-curriculum activities such as playing sports. Furthermore, the product targets adults who like going to the gym before or after work. The product will also target amateur and professional athletes, considering they not only play on different surfaces but also are fashion conscious. Concerning lifestyle and economic status,

[1530 Words]

Business environments