Swot Analysis Swot And Swot Essay - 1135 Words

Swot stands for strength, weaknesses, opportunities, and threats. Swot Investigation is a process the place the management cooperation identifies the inward also outer variables that will influence the company’s future execution. Those company’s strengths also weaknesses are the inward features. Prospects and dangers manage components outside of the company--environmental components. Swot dissection may be carried out as and only those in general corporate arranging procedure in which financial and operational objectives need are set for the upcoming year and strategies are created to accomplish these goals. â€Å"www.smallbusiness.chrom.com, 2016†. When the management group takes a gander in those company’s weaknesses, it may be not with relegate fault for previous shortfalls over execution. It may distinguish the vast majority basic zones that requirement on be progressed with the end goal the benefits of the business with more successfully contend. A re asonable assessment from claiming weaknesses keeps key blunders entering an showcase with results that are unmistakably second rate on what well-entrenched contenders are putting forth. Endless change on the whole territories of a company’s operations is a critical perspective from claiming staying ahead from claiming rivals. Current Weaknesses can and must be turned under future qualities. â€Å"www.smallbusiness.chrom.com, 2016.† A danger in SWOT analysis is another term for risking - an event outside the company’sShow MoreRelatedSwot Analysis : Swot And Swot2320 Words   |  10 PagesSWOT analysis focuses on the internal factors which are the company’s strengths and weaknesses as well as the external factors which are the opportunities and threats which are gained from situational analysis, which focuses on summarizing all the pertinent information acquired about the key three environments of internal, customer, and external (Ferrell Hartline, 2014, p. 39). A SWOT analysis further gives a company precise advantages and disadvantages in satisfying the needs of its selectedRead MoreSwot Analysis Of Swot And Swot Analysis738 Words   |  3 Pagesknown as SWOT analysis. The SWOT analysis is business analysis method that business can use for each of its department when deciding on the most perfect way to increase their business and future growth. This procedure identifies the internal and external strengths, weaknesses, opportunities and threats that are in the markets. SWOT analysis helps you decide your position against your competitors, identifies best future opportunities, and highlight current and future threats. SWOT analysis is an acronymRead MoreSwot Analysis Of Swot Analysis : Swot1223 Words   |  5 PagesOnStar – SWOT Analysis To help OnStar determine if home monitoring services should be added to its list of products and services, a SWOT analysis should be completed. A SWOT analysis is a situation analysis or tool used to identify the strengths, weaknesses, opportunities and threats of an organization (SWOT Analysis Definition | Investopedia, 2005). Thus, it is a basic straightforward model that determines what an organization, like OnStar, can and cannot do, as well as determines its opportunitiesRead MoreSwot Analysis : Swot And Swot1081 Words   |  5 PagesSWOT Analysis: A SWOT analysis (SWOT matrix) first used by Stanford Research Institute during 1960-1970 and it was presented by Mr. Albert S. Humphrey a American business and management consultant by using data from fortune 500 companies. We can succeed in our life if we use our talents to our full extent. Similarly, we‘ll have some problems if we know our weakness are, and if we manage these weaknesses so that we don’t matter in the work we do. To understand more about our self and our externalRead MoreSwot Analysis : Swot And Swot1957 Words   |  8 PagesSWOT analysis focuses on the internal factors which are the company’s strengths and weaknesses as well as the external factors which are the opportunities and threats which are gained from situational analysis which focuses on summarizing all the pertinent information acquired about the key three environments of internal, customer, and external (Ferrell Hartline, 2014, p. 39). A SWOT analysis further gives a company precise advantages and disadvantages in satisfying the needs of its selected marketsRead MoreSwot Analysis Of Swot Analysis : Swot911 Words   |  4 Pages SWOT Analysis In the article â€Å"SWOT analysis† Harmon (2015) offered a definition for SWOT analysis, the purpose of the SWOT analysis, the advantages of performing a SWOT analysis, and outlined and discussed the four components of the SWOT analysis. SWOT analysis is a planning and brainstorming tool that helps people evaluate an idea or project for a business or formulate a business plan (Harmon, 2015). It should be noted that SWOT analysis is an acronym for Strengths, Weaknesses, OpportunitiesRead MoreSwot Analysis : A Swot1371 Words   |  6 Pages SWOT analysis is valuable in understanding and revising the position of the company before decisions are made about company direction or the application of a new business idea. PEST is a tool to assess external factors. It is useful to complete a PEST analysis before a SWOT, although it may be more useful to complete a PEST analysis during, or after, a SWOT. SWOT and PEST are vital in determining the success of a business. SWOT analysis is a form of situational analysis in which internal strengthsRead MoreSwot Analysis : A Swot1708 Words   |  7 Pages A SWOT analysis is â€Å"a structured planning method used to evaluate the strengths, weaknesses, opportunities and threats involved in a project or in a business venture.†(en.wikipedia.org/wiki/SWOT analysis, 03/11/14). A swot analysis can also be used to examine a person’s attributes. The strengths and weaknesses usually are internal factors whereas threats and opportunities are mainly external. Advantage Disadvantage Internal Strengths 1. Self-motivated 2. I am organised; accurate and pay attentionRead MoreSwot Analysis : A Swot852 Words   |  4 PagesStrength, weaknesses, opportunities and threats, commonly known as a SWOT analysis is used by businesses. Organizations use the SWOT analysis technique to figure out and understand their areas of strong suits (strengths), their inevitable flaws (weaknesses), prospects that the organization could look into (opportunities) and things that pose as intimidations to the organization (threats). There are many obstacles to overcome when it comes to international expansion. Obstacles such as; language andRead MoreSwot Analysis : The Swot1888 Words   |  8 PagesThe SWOT analysis, a strategic planning tool was developed by Albert Humphrey in the 1960’s and 1970’s. Albert is said to have come up with this strategic planning tool through the use of data the Fortune 500 companies in the United States of America at that time (Lancaster Massingham, 2011). A SWOT analysis determine s the strengths, weaknesses, opportunities and threats, which are a relevant part of any organization especially the ones that get involved in new ventures. This tool assists the users

Nestle Operating in a Global Economy Essay examples

Nestle is a large company with over 150 years of history. The company deals with global production and competes around the world in an effort to achieve steady growth and profit. Competing in the global economy requires dealing with many challenges to meet production goals and market products to different cultures. Nestle also markets to third world countries that need nutritious food at a reasonable price. The company is a market leader in numerous product lines that have provided a solid foundation for sales and profit. Nestle has strong brand recognition that provides a competitive advantage to get into new markets and expand in existing markets. Operating in the global market means embracing numerous opportunities while†¦show more content†¦Acquiring raw material and product distribution were difficult during this time period, but the war also created a new demand for dairy products. The company purchased several factories in the United States and world production had more than doubled since 1914 (Nestle). As customers returned to fresh milk rather than condensed or powered milk, Nestle recorded its first loss and was impacted by the economic slowdown following the war. Management responded quickly by streamlining operations and reducing the company’s outstanding debt. They also expanded the production line and chocolate became the company’s second most important activity (Nestle). World War II also had a significant impact on the development of the company. Profits dropped from $20 million in 1938 to $6 million in 1939. Neutral Switzerland became increasingly isolated through the war in Europe and the company transferred many of its executives to Stamford, Connecticut (Nestle). Although initially hurt by the war, sales dramatically increased to support the war effort and sales more than doubled from 1938 to 1945. The company continued to mature through the remainder of the 20th century and expanded beyond its typical foo d product line. Nestle took the first step outside the food industry through a venture into cosmetics and an agreement with L’Oreal. Other acquisitions included iceShow MoreRelatedSwot Analysis Of Nestle1302 Words   |  6 PagesExternal Environment General Environment Overall, the general environment for Nestlà © is very good. Considered the world’s largest packaged food and beverage manufacturer in the world, Nestlà © operates in 12 different segments of the consumer products market, including baby foods, bottled water, cereals, candy, coffee, prepared and prepackaged foods, dairy, drinks, food service, healthcare and nutrition, ice cream and pet care. Its stable of brands includes some of the best-known names in the industryRead MoreUnilever V Nestle1235 Words   |  5 PagesToday we live in a global economy in which the time taken for people to move between continents has been significantly reduced and in which Internet and other connections make instant connections possible. Businesses and organisations now have to recognise that they now operate in a global market place and to develop appropriate strategies. A global strategy is an organisational plan that takes into account these new global realities. Both Nestle and Unilever have developed global distribution andRead MoreNestle - Global Strategy Case1650 Words   |  7 Pages1.What is the company’s strategy with regard to business development in emerging markets? Does this strategy make sense? From the NESTLE : GLOBAL STRATEGY case, it can be seen that Nestle generally operates worldwide with the strategy of customization rather than globalization. It moves into consumer markets by using Niche market strategy to become the market leader in each of the niches. It mainly focuses on European markets, which make up 70 percent of its sales. As mentioned, these markets areRead MoreNestle’s Sustainable Growth in Mature Market1512 Words   |  7 Pagessustainable growth in mature market The company establishment Nestle was first founded by Henri Neslte in the 1860s by developing and producing food products for babies who could not adapt mother’s milk. Following the success in baby food products, Henri incorporated with an Anglo-Swiss condensed milk company to develop dairy products, especially for government supply in World War I. High sensitive and quick responding to the demand of consumer, Nestle continued to create and develop new product mix to cannedRead MoreGlobalization And The Development Of Transnational Corporations977 Words   |  4 Pagestransnational corporations. Nestle exemplifies a transnational corporation established through globalisation, in both developed and developing countries, maximising resources and facilities to further the growth of the company. Globalisation has opened up borders between all continents. Transnational companies, such as Nestle, have thus required cheaper labour, to successfully obtain resources and remain competitive. Furthermore the ext ent to which transnational corporations like Nestlà © reach geographicallyRead MoreMarketing Development : Apple Diversification Strategy And Nestle As An Example Of Market Penetration Strategy1448 Words   |  6 PagesUsing this strategy, companies try to make effort on â€Å"customers in current segment but not currently served and customers in new segments† (Class Slides). In this project, we are going to analyze Apple as an example of diversification strategy and Nestle as an example of market penetration strategy. Apple Diversification Strategy Apple is a very well-known international corporation dealing with technological line projects. According to its annual report, Apple is head quartered in Cupertino, CaliforniaRead MoreNestle: Macro Environment and Micro Environment Analysis1003 Words   |  5 PagesAnalysis of Nestle: Nestle in the Global Environment: Nestle operates in over 130 countries and in order to understand the business environment they operate in analysis on the external factors that lie outside the control of Nestle has to be conducted (Grant et al. 2011, 101). The tool tasked with conducting an external analysis of the macro environment is PEST while the external micro environment will be analysed with the help of Porters Five Forces. However it is worth mentioning that Nestle is notRead MoreNescafe Vision Mission Goal1652 Words   |  7 PagesNescafà ©Ã‚  is a brand of  instant coffee  made by  Nestlà ©. It comes in many different product forms. The name is a  portmanteau  of the words Nestlà © and cafà ©.  Nestlà ©s flagship powdered coffee product was introduced in  Switzerland  on April 1, 1938 after being developed for seven  or eight  years by  Max Morgenthaler  and Vernon Chapman. http://www.nescafe.com/coffee_history_en_com.axcms Background The dairy products at Nestlà © are a big driving force for the growth of the companys sales. With the healthRead MoreMarketing Strategy : A Competitive Advantage1712 Words   |  7 Pagesenterprises find them selves operating in a global market. A business must clearly understand the value added by its product or service to capitalize on their competitive advantage globally. It is useful to consider the internationalization-responsiveness (IR) framework when discussing the key differences between global, multidomestic and transnational strategies. (2) The framework compares the strengths and weaknesses of each strategy relative to the goal of global integration or local responsivenessRead MoreNestle Case Study1706 Words   |  7 PagesTopic: Nestlà © Bends Under Activist Pressure Explanation of issues The articles have been focused on Nestlà ©Ã¢â‚¬â„¢s performance for its different kinds of products that have been declined its target profits. Therefore, Nestle has set up a margin goal that will help the world’s largest food package company to regain its expecting profits. It is mentioned that, the company has slowed down its growth in the different marketplace in which some products need to improve its performance according to analysis

Negative Aspects Of Construction Methods †Myassignmenthelp.Com

Question: Discuss About The Negative Aspects Of Construction Methods? Answer: Introducation This report is the description and analysis of the negative and positive aspects of the three methods of procurement for the construction. The three modern procurement methods are also discussed exclusively together with other modern types of procurement methods have also been reported. The problems and benefits that these procurement methods have on developer/client, end-users, builders, and consultants. Some of the types of procurement include Public-Private Partnership, construction management method, Design and Construct, and Design, Bid, Build (DBB). The procurement for construction is a solution which gives the necessary support and guidance to assist in reducing the cost and risks overruns. This system assists agencies to realize prosperous project results through provision of support and guidance to assist in risks minimization as well as overruns in cost, helping agencies, and their advisers to apply suitable discipline levels to procurement and through provision of a consistent basis for interface management between private sector and government (Akintola Akintoye, 2015, p. 189). The procurement system for construction gives support for selecting appropriate contracting and procurement strategies, preparing for tender contracts and documents based on forms that are standard, selecting consultants and contractors with records of performance that is proven, efficient contracts management such as checklist of sample letter, resolution of disputes and claims that are contractual, and maintaining efficient system of performance management through reporting and monitoring. Some of the factors influencing the strategy of procurement include timing, project characteristics, external factors such as commercial, social, and political factors, cost issues, client resources, ability to make changes, and project characteristic (Austroads Limited, 2012, p. 158). Discussion The three types of procurement that have been discussed exclusively in this paper include Public-Private Partnership, construction management method, Design and Construct, and Design, Bid, Build (DBB). Their characteristics, positive and negative aspects of the above three mentioned procurement methods are also discussed with the concentration made of their effects on developer/client, builders, consultants, end-users, and sub-contractors(Derek H. T. Walker, 2013, p. 278). The Design Bid Build Procurement Method The major parties involved in the DBB method are the contractor, design consultant, and principal as illustrated in the figure below: The DBB is a construction delivery procedure such that the owner or agency contracts with different entities for construction and project design. The three major categories of DBB method include: Design phase: For this section, the owner preserves an architect to produce and design the document of bidding, such as drawings of the construction as well as technical specifications of which many general contractors will in turn bid to project construction. In case of a project of building, the architect should work with the possessor to find out the needs of the owner (Frank R. Dagostino, 2011, p. 189). Tender or bidding phase: The process of bidding may be free such that any bidder that is qualified can take part or select. A specific number of contractors who are pre-selected are invited to make a bid (G. William Quatman, 2015, p. 179). Construction phase: After the awarding of the construction of the project, the documents of the bids should not be altered. The required permits such as building permit should be met so as the process of construction is started. The consultant of the design helps the principal in the process of selection of suitable contractor of the construction and then carries out the following functions drafting the conditions of the tender, recommending the procedure of the process of tender, evaluating the tenders, recommending the winning tenderers, and then recommending the sub-contractors preferred. The relationship between the head contract and the principal is a significant since after the issuing of the construct, the contractor and the head contractor will construct the project whose conditions include building the building at a certain cost, completing the building at a given time, and finishing the building to a high standard of quality. The consultant of the design assumes the full authority of the contract after the awarding of the tender (Goodhew, 2013, p. 289). The links between subcontractors and head contractor since after the awarding of the contract, the actual work will be done by a subcontractor who is specialized for that particular field. The head contractor splits the actual contract into a smaller contract as then assumes the role of construction activities manager which include resource allocation, subcontractors co-ordination, and budgeting and programming (Goodhew, 2013, p. 308). Positive aspects of the Design Bid Build The estimation of the cost may be made before the awarding of the contract fairly. There is the limitation of financial risks because the majority of the risks are taken by the construction contractor. The variations in design are minimized since the documentation of the design are finalized before the awarding of the construction to the contractor. The design team take note of the owners interest There is fairness during the bidding process on the bidders that are potential and develops the process of decision-making since the owner has a wide variety of probable choices (Jeffrey L. Beard, 2010, p. 189). Negative aspects of Design Bid Build The construction of the project cannot begin until it is fully documented and designed. The contractor of the construction does not take part in the design hence does not input their management and technical expertise. There are high risks of predatory bidding if there are documentation and design errors. The construction and design team can be under pressure because of competing for interests (Jeffrey N. Buxbaum, 2014, p. 216). Public-Private Partnership Procurement Method This is an arrangement that is corporative among tow or even more private and public sectors generally of a long duration. The Public-Private Partnership is a method of transferring the responsibilities to the private sector such as a construction company owned by an individual from the public sector owned by the government such as transferring construction contract from the public sector to private sector. This procurement approach may be (BOOT) which is an abbreviation of Build Own Operate Transfer (BOOT) or (BOT) which is an abbreviation of Build Operate Transfer method of delivery such that the computer doing the construction constructs the project, take ownership for a given duration, operates the building for the duration it is owning it, and then transferring the assets back to the real owner (Jeffrey N. Buxbaum, 2014, p. 218). An example of the Public Private Partnership is the M7 motorway project. The links between the principal together with the consortium and promoter in the Public Private Partnership is a mutual relationship. The consortium and promoter commence the process of construction and management of the construction. The promoter and the consortium have the responsibility of funding the construction. The promoter then engages the contractor of the construction who in turn takes on the design and construction risks. The principal may incorporate guarantees into the construction plan so as to reduce the traffic flow or else allowing the operator to carry out the construction in return for rent (John Bennett (P.A.), 2010, p. 149). Benefits of the Private Public Partnership This method is important by encouraging investments into the public sector and more efficient management of public resources. This method provides higher timely and quality provision of the services to the public. The private entity is given a chance to acquire an implementation that is long-term. There is the faster completion of the projects and construction as well as limited delays on projects of infrastructure. This method ensures higher efficiency since the government budget deficits and budgets are greatly reduced (John Bennett (P.A.), 2013, p. 169). Negative aspects of the Private Public Partnership Poor communication and understanding due to the diversity of and differing in languages spoken between the sectors. Factors such as regulation, performance measurements, nature funding, and government regulations can be interpreted differently. Conflicts can arise from disagreements causing the partnership to be a halt. Lack of understanding and poor communications are usually the major causing conflicts between the members involved in the construction. This procurement method is also faced by the funding priorities since the parties involved cannot decide on where the funding should be placed leading to loss of some time and resources making the project to delay. The services and infrastructure being delivered by the constructor may be more expensive than other procurement methods. The procedures involved in the Public Private Partnership are more costly and takes a longer duration as compared to other procurement methods (Keith Potts, 2012, p. 179). Design and Construct Procurement Method The Design and Construct procurement method is where a person design and construct within a single organization. This method is also known as turn-key or package deal methods. The Design and Construct method is usually carried out in a construction company which subcontracts the design to consultants of the design, a company which has the authority to do construction and design or a combined venture which uses a construction company and design company (Marcus C. Jefferies, 2011, p. 139). The Design and Construct method needs some quick tracking during the process through overlapping the construction and design stages. The principal has a greater involvement in this method compared to the approach of Design Bid Build. The principal in the Design and Construct method has a sole point of contact which is normally the contractor of the construction. The major parties that take part in the Design and Construct method of procurement are the head contractor and the principal, where the head contractor being the point of contact for the subcontractors and consultants of the design. This is illustrated in the figure below: Since the head contractor is involved in the initial stages, the majority of the risks are eliminated since they give their expertise of the construction from the beginning of the stage of design. Normally the Design and Contracts involve incidents as drawings and documentation may not be entirely complete at the stage of estimation. In case a huge number of contracts is sought in a Design and Construct method, the duration needed in the stage of tendering is prolonged, as the tenderers require duration to tender and design, while the client requires duration to scrutinize the tenders, as well as each company, can have full diversity of the designs (John Bennett (P.A.), 2013, p. 248). Benefits of Design and Construct Approach The client has to the pact with a single firm and minimizing the requirement of committing time and resources contracting contractors and designers separately. There is certainty in price before the commencement of the construction since the requirements of the clients are exact and variations are not introduced. High constructability because of the input of the contractor into the design. The overlap of the construction and design activities may minimize the duration of the project (Austroads Limited, 2012, p. 217). Negative Aspects of the Design and Construct There is difficulty in extending the time in this method of procurement leading to the application of liquidated damages, no bonus of late accomplishment, and bonus for early accomplishment. The Design and Construct approach may lead to variations which will cause blowout to the budget and design error. There is also need of including special conditions in the contract when implementing this procurement approach (Frank R. Dagostino, 2011, p. 179). Conclusion This report is the description and analysis of the negative and positive aspects of the three methods of procurement for the construction. The three modern procurement methods that have been discussed exclusively together with other modern types of procurement methods have also been reported. The problems and benefits that these procurement methods have on developer/client, end-users, builders, and consultants have also been discussed in this report. Some of the types of procurement discussed in this report include Public-Private Partnership, construction management method, Design and Construct, and Design, Bid, Build (DBB). The DBB is a construction delivery procedure such that the owner or agency contracts with different entities for construction and a project design. The Public-Private Partnership is a method of transferring the responsibilities to the private sector such as a construction company owned by an individual from the public sector owned by the government such as transferring construction contract from the public sector to private sector. The Design and Construct procurement method is where a person design and construct within a single organization. This method is also known as turn-key or package deal methods. References Akintola Akintoye, M. B. C. H., 2015. Public-Private Partnerships: Managing Risks and Opportunities. Paris: John Wiley Sons. Austroads Limited, E. C., 2012. Building and Construction Procurement Guide: Principles and Options. London: Austroads Limited. Austroads Limited, E. C., 2013. Building and Construction Procurement Guide: Principles and Options. Michigan: Austroads Limited. Derek H. T. Walker, B. M. L.-W., 2013. Collaborative Project Procurement Arrangements. California: Project Management Institute. Elias G. Carayannis, Y.-H. K. F. T. A., 2015. The Story of Managing Projects: An Interdisciplinary Approach. Michigan: Greenwood Publishing Group. Elisa Casey, P. L. C. M., 2016. Guide to Project Delivery. Paris: Elisa Casey, Peter Letts, Colin MacKay. Frank R. Dagostino, L. F., 2011. Project Management Institute. Chicago: Prentice Hall. William Quatman, I. R. (. D., 2015. The Architect's Guide to Design-Build Services. New York: John Wiley Sons. Goodhew, S., 2013. Sustainable Construction Processes: A Resource Text. London: John Wiley Sons. Jeffrey L. Beard, L. E. E. C. W., 2010. Design-Build: Planning Through Development. London: McGraw Hill Professional. Jeffrey N. Buxbaum, I. N. O., 2014. Public Sector Decision Making for Public-private Partnerships. Colorado: Transportation Research Board. John Bennett (P.A.), E. P. G. R., 2010. Designing and Building a World-class Industry: The University of Reading Design and Build Forum Report. Paris: Centre for Strategic Studies in Construction. John Bennett (P.A.), E. P. G. R., 2013. Designing and Building a World-class Industry: The University of Reading Design and Build Forum Report. Colorado: University of Reading. Centre for Strategic Studies in Construction. Keith Potts, N. A., 2012. Construction Cost Management: Learning from Case Studies. Toledo: Routledge. Levy, S. M., 2012. Design-Build Project Delivery: Managing the Building Process from Proposal Through Construction. London: McGraw Hill Professional. Marcus C. Jefferies, S. R., 2011. New Forms of Procurement: PPP and Relational Contracting in the 21st Century. New York: Routledge.