Introduction

Hi my dear viewers welcome to Oopirifive blogging platform post (5). In this blog post I describe about SWOT Analysis which is the most play important key role in every business to develop.

But I think you may be get question what is SWOT Analysis?. How it will show impact on business.

Don’t worry guys I explained full information with detailed examples. Let’s move on to the topic.

SWOT Analysis

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  What is SWOT Analysis?

(SWOT-Strengths, Weakness, Opportunities, Threats)

 SWOT analysis is a process which evaluate company competitive position for purpose of to develop and making strategy to rule in market.

Subsequently this analysis will track all the data from internal and external factors from company.

Moreover this analysis is most important to companies to develop by doing framework to increase their market size by knowing their strengths points and loopholes of their weakness As well as getting of opportunities from external factors and arriving threats it means problems to company.

SWOT Analysis

Deep Understanding of  SWOT Analysis.

The swot analysis is a method to check performance, risk, competition in market and measure potential of business. By using internal and external factors the company makes enlist of strategies to become successful and overcome problems to company from zero clearance.

Components of SWOT Analysis

There is four elements which is strength weakness opportunities, threats.And those elements will change from company to company as well as they will change by market conditions.

So now my dear comrades. I will explain each element with examples

1.Strength:

Coming to strength element in this world every company has their own strong points to sustain in market and those are

• Creating of brand positioning.
• Increasing a loyal customer base
• Maintaining perfect balance sheet
• Adapting innovative unique technology.

So these points decide the company strength and it will separate from their competitors to beat the market.

Example: If suppose there is one company like Quant funds and this company develop unique strategy in their customer’s portfolio investment planning where after implanting strategy the quant funds company will give good marking results to their customers.

So now  by getting  one strength point for quant funds company they will promote by  showing their customers profit results data to public and attract them to investfrom their platform.

2. Weakness:

Forward to weakness element, I think every business venture face these word of weakness in their journeys. Those points are

• When building of new business they will face a problem of Brand intention to get their business in market. Hence this leads to low recognition on product from both suppliers and public.
• In production part also they will prepare less for some times due to low capital fund and this result they get less turnover.
• Coming to startup companies they will face huge problem in raising debt.

Because due to high level promotions and wrong estimation of budget on product promotion. Therefore finally the company slowly moving into debt status and goes in weak position in market.

• When the company decides to expand to overall global market at that time they will face the problem of financial weakness.

3. Opportunities:

Step into opportunities for every company there is some advantages will appear on basis of external factors. For example to say when government gives tax cut benefits to several category of products so at that time the company move into good profit margins’ by increasing their markets through expanding.

Note: Guys here you need to know the Government tax cuts will be helpful to company and it is external factor to company.

4. Threats:

Close to Threats, In this nation every organization have to chance to face threats in their business ventures because without threats there is no business can sustain. And Moreover to say these threats appear rare situation when some incidents will happen and those problems are:

• When their no right labour in market the company will face tight labour problem and it will cause stopping of production manufacturing units.
• when increasing of competitors in same industry their low performance in sale supply
• Example: when company gives rice production to farmers at that time drought situation will appear it may leads to loss of company retention from farmers. And there is chance to get low yield.

Advantages of SWOT Analysis:

• The swot analysis can solve a lot of difficult problems where facing of companies and manage it with their strategic planning methods.
• This swot analysis will helpful for so many companies to make decisions on their product line, competition as well as risk factor.
• This analysis will help for university students in matter of case study for  in their business assignments

SWOT Analysis examples:

Dear viewers I taking example of Maruthi Suzuki a automobile company for swot analysis.

Strength:

Maruti Suzuki has a strong brand position in automobile sector and they have good recognition in public. Along that company has so many showrooms across in globe to give service facility to customers as well as commercial to sale their cars in market.

Moreover they are strong to prepare and manufacture according to geographic locations and they put prices based on customers affordable. Hence these are enlisting of strength points from Maruthi Suzuki company.

Weakness:

the company Maruti Suzuki face the problem in quality issue from their cars in several locations and the company have less rating on car products in market. But the company never give-up in these matter they take all feedbacks from several customers and improve all weak points.

Opportunities:

the company Maruti Suzuki has a growing to become a global brand due to increasing of their developing operations like manufacturing units, sale and service centers in different locations. Subsequently By improving these facilities the company gets enlists of opportunities. And those are

• Tax benefits from government.
• Brand intention from public in world market.
• By increasing market there is chance to arriving big shark investors to invest in company for expanding to create new models of cars and incline in valuation for company.

Threats:

the company has limited of threats and those are

• Increasing of competitetors.
• Where there is downfall in market like economic factor there is chance to decline in sales.

SWOT Analysis