Jack Fowler's Farm Case
INTRODUCTION
In this assignment, we are required to assess and investigate Fowler’s Farm, a 1000 acre diary and tobacco farm located in the southern Virginia, and later on develop a SWOT Analysis for it. Fowler’s Farm has been around since 1982 and the owner, Jack Fowler, has been constantly purchasing additional acres as well as equipment and buildings. Over the years, farmlands across the country have suffered cost inflation and overpriced farm commodities which cause a lot of farms to either shut down for good or team up together to create a partnership so that they can sustain the costs separately. However, in Mr. Fowler’s case he sustained the costs himself and invested a total of $1,850,000 into his farm. To date, his farm currently has a market value of $, 2,650,000, and buildings and equipment of $300,000 with a replacement cost amounting to $1,250,000. For the Flower Farm case, we will develop a SWOT analysis to identify what the Strength, Weaknesses, Opportunity and Threats of the Farm.
What is SWOT Analysis? …show more content…
Whereas, SWOT Analysis hereby means of a list which is organized based on the 4 SWOT factors of the business. The first 2 factors, Strengths and Weaknesses, are related to internal issues of the company. Among the many examples of these 2 factors are, employees, company’s reputation, company trademark and such. Any problems related to this examples can be changed for the better. However, it will require time and effort. On the other hand, the last 2 factors which are Opportunities and Threats, are mainly external issues of the company. The examples of these 2 external factors are product prices, competitors, suppliers and etcetera. These issues are not within the company so it is unchangeable. Weather the issue is bad or good, it can’t be dealt
In this assignment, we are required to assess and investigate Fowler’s Farm, a 1000 acre diary and tobacco farm located in the southern Virginia, and later on develop a SWOT Analysis for it. Fowler’s Farm has been around since 1982 and the owner, Jack Fowler, has been constantly purchasing additional acres as well as equipment and buildings. Over the years, farmlands across the country have suffered cost inflation and overpriced farm commodities which cause a lot of farms to either shut down for good or team up together to create a partnership so that they can sustain the costs separately. However, in Mr. Fowler’s case he sustained the costs himself and invested a total of $1,850,000 into his farm. To date, his farm currently has a market value of $, 2,650,000, and buildings and equipment of $300,000 with a replacement cost amounting to $1,250,000. For the Flower Farm case, we will develop a SWOT analysis to identify what the Strength, Weaknesses, Opportunity and Threats of the Farm.
What is SWOT Analysis? …show more content…
Whereas, SWOT Analysis hereby means of a list which is organized based on the 4 SWOT factors of the business. The first 2 factors, Strengths and Weaknesses, are related to internal issues of the company. Among the many examples of these 2 factors are, employees, company’s reputation, company trademark and such. Any problems related to this examples can be changed for the better. However, it will require time and effort. On the other hand, the last 2 factors which are Opportunities and Threats, are mainly external issues of the company. The examples of these 2 external factors are product prices, competitors, suppliers and etcetera. These issues are not within the company so it is unchangeable. Weather the issue is bad or good, it can’t be dealt