SWOT ANALYSIS SWOT ANALYSIS Strength Familiar brand names Flexible management Youthful Instincts Favorable access to suppliers Favorable access to consumer Weaknesses New player in the industry Insufficient capital No physical shop No employee Opportunities High demand for Art products and School supplies There is already a ready market. There is no substitute for the products. More people are becoming intrigued by DIY and wants to try it. S-O Market development: Creates brand awareness so that
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spending) -Social (health) -Legal (new regulations‚ good or bad) What is SWOT Analysis? SWOT allows you to look at the interactions between the INTERNAL factors of Strengths and Weaknesses and EXTERNAL factors of Opportunities and Threats to develop action plans. SWOT is an abbreviation for:  S – Strengths W – Weaknesses O – Opportunities T – Threats Internal Environment (firm) External Environment (industry- environment) Strength Any existing or potential resources or capability
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Rodolfo Furniture Store Rodolfo Rodriguez is an entrepreneur in the furniture business in San Juan Puerto Rico. His furniture business has distinguished from the rest in the market by his employee’s craftsmanship in the manufacturing of his furniture. But recently his market has received some foreign competitor that has forced Rodolfo to search for other options and efficiencies within his operation. Among these options Rodolfo is searching for better planning and accounting tools
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A SWOT Analysis of A Sample Business Plan Angela Acton Foundations of Business 210 Mr. Dennis Keegan January 23‚ 2011 Abstract When an entrepreneur comes across an opportunity to open a new business‚ there is a lot of planning that must be done in order to be successful in the new venture. An important part of the process is to create a business plan. A good way to test a business plan is to use a SWOT analysis. In the following I will conduct a SWOT analysis on a sample business plan for
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SWOT Analysis A scan of the internal and external environment is an important part of the strategic planning process. Environmental factors internal to the firm usually can be classified as strengths (S) or weaknesses (W)‚ and those external to the firm can be classified as opportunities (O) or threats (T). Such an analysis of the strategic environment is referred to as a SWOT analysis. The SWOT analysis provides information that is helpful in matching the firm’s resources and capabilities
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Evaluating two successful stores and two unsuccessful stores The retail industry is extremely competitive particularly during the current economic conditions when customers have limited spending power (Bloomberg‚ 2009). Therefore‚ it is crucial that the business owner assess all of the factors which determine the profitability of a store. Since the financial figures are unavailable for all of the different outlets‚ the success of the store will be assessed using the same physical factors which
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Apple SWOT analysis 2013 Strengths Weaknesses 1. Customer loyalty 1. High price combined with 2. Incompatibility with expanding closed different OS ecosystem 3. Decreasing market 2. Apple is a leading share innovator in mobile 4. Patent infringements device technology 5. Further changes in 3. Strong financial management performance 6. Defects of new ($10‚000‚000‚000 products cash‚ gross profit 7. Long-term gross
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Inc. is a small grocery store chain consisting of 54 stores located throughout Missouri‚ Arkansas‚ Oklahoma‚ and Kansas. Through various owners‚ branding‚ and locations‚ the company has been in business for nearly fifty years. Truly Wholesome maintains a target demographic of those looking for locally owned stores offering local and organic products in addition to the typical lines found at a grocery store. In addition‚ the company has an ever expanding Delicatessen department that is focused on providing
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both the PC operating system and office suite markets (the latter with Microsoft Office). The company also produces a wide range of other software for desktops and servers‚ and is active in areas including internet search (with Bing)‚ the video game industry (with the Xbox and Xbox 360 consoles)‚ the digital services market (through MSN)‚ and mobile phones (via the Windows Phone OS). In June 2012‚ Microsoft announced that it would be entering the PC vendor market for the first time‚ with the launch of
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Technology and its impact on Retail stores The owner of a top retailer wants to see which merchandise is selling which isn’t‚ or maybe the owner wants to know their overall margin costs in relationship in to which products on their shelves are more profitable then the others. In the not so distant past these types of reports would have required a lot of people‚ processing large amounts of data‚ and requiring lengthy delays in the results from weeks to even months. In the end‚ by the time
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