Complete 4 page APA formatted essay: SWOT Analysis as a Strategic Management Tool.Download file to see previous pages… The next section will tackle SWOT analysis’ advantages and limitations. The pap

Complete 4 page APA formatted essay: SWOT Analysis as a Strategic Management Tool.

Download file to see previous pages…

The next section will tackle SWOT analysis’ advantages and limitations. The paper will conclude with its findings.

SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis is one of the most widely utilized strategic management tools in assessing the position of a business entity. This analysis is an integration of the results of other tools like the PESTEL analysis, industry analysis, and internal analysis. The company’s strengths and weaknesses are derived from internal analysis while the PESTEL and industry analyses provide the required information to ascertain the opportunities and threats specific to the company.

According to Thomson (2004), a company’s strength is “something a company is good at doing or a characteristic that gives it enhanced competitiveness.” A strength can take several forms like a skill or important expertise, valuable physical assets valuable human assets, valuable intangible assets, competitive capabilities, an achievement or attribute that puts the company in a position of market advantage, and alliances or cooperative ventures. Meanwhile, a weakness denotes to a something that a company lacks or is not good at doing relative to its competitors and puts the company in a disadvantage. …

tity: “deficiencies in competitively important skills or expertise or intellectual capital of one kind or another. lack of competitively important physical, organizational or intangible assets. and missing or weak competitive capabilities in key areas” (Thomson 2002). Opportunities are essential external factors, which can propel the business entity into higher profitability. However, distinction should be made in order to determine whether an opportunity is an industry or company opportunity. While company opportunity is an opportunity specific to a business institution, industry opportunity needs to be thoroughly evaluated in order to assess if a company has the required resources to take advantage of the opportunity. Threats are external factors which causes threats to a business entity’s profitability and competitive well-being.

An Application

The following table shows the SWOT analysis as applied to the large computer manufacturer Dell, Inc.

Strengths

Weaknesses

large market share

strong brand equity

no inventory buildup

cost efficiency

direct to customer business model

customization

total command of supply chain

strategic alliance with suppliers

no proprietary technology

high dependence on component suppliers

Opportunities

Threats

strong potential markets in Europe, China , and India

low costs and advanced technology

growth in business, education, and government markets

more intense rivalry

currency fluctuations

high customer bargaining power

SWOT Analysis: A Critique

SWOT analysis is indeed a useful tool in determining the internal capability and incapability and the external forces that affects the operation and profitability of a business organization.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with My Homework Geeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Live ChatWhatsApp