This website uses cookies to ensure you have the best experience. Learn more

Swott Analysis

1964 words - 8 pages

tt Analysis
Running Head: ENVIRONMENTAL ANALYSIS OF THE GREEN SHOP

Environmental Analysis of the Green Shop

SWOTT Analysis
In business, SWOTT analysis that reflects company’s strength, weakness, opportunities, threats and trends also have great significance in accomplishing the objectives (Wheelan & Hunger, 2004). With the proper understanding of SWOTT analysis, organization will assess both the environmental factors i.e. internal and external that endlessly facilitate in attaining the pre-set objectives.
External Forces & Trend Consideration
In the ‘External Forces Analysis’ organic and natural health food shops the major forces included are the legal & regulatory ...view middle of the document...

It is essential or the firm to develop effective marketing and attractive strategy to retain the customers for long term (Kotler, 2002).
Social factors
The social factors affect this business is the preference of consumers for certified organic food products, which would not harmful for the health of consumers (Wheelan & Hunger, 2004). Due to the fast pace of life, there is no time to cook food, so the consumers prefers organic and canned food full of nutrition and vitamins resources (Bradford & Duncan, 2000).
Internal Forces and Trends Considerations
The internal forces of the company are the strategies, resources and process and systems, which are made by the company itself; by its Management and can be modified any time by the company itself according to the changing conditions of the business environment (Wilson & Gilligan, 2005).
Strategy
Business strategy of a company includes its business policies and procedures. The strategies of the company are required essentially to be effective (Ryall & Craig, 2003). Business strategy is the base of the corporation. The well determined business strategy can render great success to the company (Stahl & Grigsby, 1997).

Resources
Resources are the base of the entire business process of a company. All types of resources have equal importance for the company. The proper availability and allocation of the resources can help the company to have a cost effective and efficient business process (Brown, 2009).
Processes & Systems
The processes & systems of the company are very important to be handled much carefully. These affect the entire business process of the company. The firm can use effective technologies and business practices to improve its business process (Chary, 2006).
SWOTT ANALYSIS TABLE

|Factors |Strength |Weakness |Opportunity |Threat |Trend |
|External Factors | | | | | |
|Legal and Regulatory |This external force would|Strict legal and |Attract large number of |Frequent alterations in |It becomes more |
| |improve the potentiality |regulatory rules of the |customers because now the|the legal/ regulatory |hard-and-fast in the near |
| |of the company’s strategy|government |users would be more awake|frameworks or rules. |future. |
| |formulation & | |and Increasing demand for| | |
| |implementation with the | |products | | |
| ...

Other Papers Like Swott Analysis

Swott Analysis Plan Phase Ii Business 475

795 words - 4 pages Part II: SWOTT Analysis Conceptualizing a Business Pat Wade Week Three Individual Assignment November 30, 2011 Professor Chadwick This paper will cover the SWOT analysis for Pat's Baked Goods. In addition this paper will cover instructions for conducting a SWOT analysis and how to simplify a strategic plan. Strategic planning sounds harder than one may

Bus 475 Swott Essay

1155 words - 5 pages SWOTT Analysis - Jumbo Guest Ranch Introduction As a strategic planning tool, SWOTT analysis is used to evaluate the strengths, weaknesses, opportunities, threats, and trends of a business. It examines both the external and internal factors that are crucial to the operations and performance of a business. The results obtained from this analysis are useful during

Happy Pawws Swott

1657 words - 7 pages Happy Pawws Playground: SWOTT Analysis BUS/475 June 18, 2012 Brad Bergman Happy Pawws Playground: SWOTT Analysis At Happy Pawws Playground they will cater to the family pet’s every whim, with safe and secure pet daycare, boarding, exercise class, and play time. At Happy Pawws Playground, pets will be treated like one of the family with their own room, bed, blanket, and toys. They can also play and socialize safely inside the kitty gym or

Week 3-Swott Table

1375 words - 6 pages • Conduct an internal and external environmental analysis for your proposed business. • Use the information obtained from your internal and external analysis, as well as the lesson learned from the Considerations of a Strategic Plan: List assignment. • Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength

Blue

287 words - 2 pages In the fast technological advancements competitive markets often present unseen opportunities for business formations. SWOTT integrated analysis play a key role in the venture formation needed to succeed. Remotesters set itself away from generalized competition by providing its customer with fast repair times, and low-cost social interactions often lacked by large corporations. Business analysis, external and internalforces, and opportunities

Strategic Plan Part 2 Bus 475

1043 words - 5 pages SWOTT Analysis Laura Bagley BUS 475 May 2, 2011 StevenVerrone SWOTT Analysis |[pic] |[pic] | |[pic] |[pic] |[pic] | | |Strategy

Strategy Plan Ii

1293 words - 6 pages Strategic Plan, Part II: SWOTT Analysis BUS/425 03/22/2014 Gregory Kosicki External SWOTT Analysis Strength Weaknesses Opportunity Threats Trend Global | Only local so has no affect on global trend | Stiff competition when competing with global store | Being local in a major market affords opportunity for growth | Global furniture stores | Try to target the global market for globalization | Economic | Can grow economically

Strategic Plan Part Ii

1447 words - 6 pages Strategic Plan, Part II: SWOTT Analysis Integrated Business Topics/BUS475 Strategic Plan, Part II: SWOTT Analysis The purpose of this paper is a synopsis that the author will analyze seven of the forces and trends that Lusti Laundromat must take into consideration including economic, legal and regulatory. The author will describe how the company adapts to changes, and analyze the supply chain operations. By identifying the major issues or

Determining Strategic Direction

1138 words - 5 pages philosophy of being the best domestic transportation throughout Texas. As an independent trucker, I will provide transportation solutions with the highest commitment to excellence and integrity. In any business, a vision, mission, and values will help guide the organization’s strategic direction. When seeking direction a business should conduct an assessment internally and externally. In conducting a SWOTT analysis it will help to determine a

Strategic Mangement Process

551 words - 3 pages , which state the company’s visions, values, and the firm’s purpose. These are the goals the company has for its future. Environmental Scanning is next and it involves the internal analysis of the company’s budget. The external SWOTT profile shows the strengths, weaknesses, opportunities, threats and trends that are recognized (Carpenter, M. A., & Sanders, W. G., 2009). After the findings of SWOTT, the Strategy Formulation is implemented by using

Balanced Score

868 words - 4 pages | Would help market and increase company image | Incentives for employee participation | In realizing the vision for my organization, it was first stated that customer service would be our top priority. Customers are loyal to businesses that treat them as customers and not a dollar sign. In doing research such as SWOTT analysis and balanced scorecards, I have found that there are more equations that go into staring a business. The

Related Essays

Swott Analysis

1197 words - 5 pages Sidi Asia Ndioubnan Strategic Plan, Part II: SWOTT Analysis Date: January 10, 2012 Class: BUS/475 SWOTT analysis is an acronym that stands for: Strength, Weakness, Opportunities, Trends and Threats. This analysis gives a company the chance to examine the internal and external factors that can help the company reach an objective. SWOTT analysis is commonly used tool by managers of many different companies to develop a well thought of

Swott Analysis

1177 words - 5 pages Strategic Plan II: SWOTT Analysis for McCain’s Fabulously Tasting Gourmet Food Truck Kimberly McCain BUS/475 February 23, 2014 Dr. Terry Hibbler   In order for a start-up business to be successful, it should perform a SWOTT analysis which refers to strengths, weaknesses, opportunities, threats, and trends. SWOTT analysis is the process of management identifying the internal and external factors that will affect the

Swott Analysis

1623 words - 7 pages Strategic Plan, Part II: SWOTT Analysis The Tamale Shop is a restaurant that allows customers the experience to enjoy tamales in an authentic Hispanic setting and the ability to try different types of tamales that are made fresh with natural and organic ingredients. The Tamale Shop offers its customers a variety of different types of tamales from chicken, beef, pork, cheese and vegetarian. In order for the Tamale shop to be successful a

Strategic Plan Part Ii Swott Analysis

2009 words - 9 pages Strategic Plan Part II SWOTT Analysis BUS475 Date Facilitator Strategic Plan Part II SWOTT Analysis The formation of a new and unique business requires a significant amount of analysis before the business can begin operations. The importance of conducting an internal and external comprehensive analysis serves to identify the internal strengths and weaknesses of the business model and the external analysis serves to identify the