Nobody downloaded yet

SWOT Analysis - Essay Example

Comments (0) Cite this document
SWOT Analysis Name: Institution: SWOT Analysis While BigTime has long been revered as a firm whose primary area of concentration was consulting, at present, it endeavors to alter its image so that it is associated with additional areas of specialization as necessitated by the changing environment…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.5% of users find it useful
SWOT Analysis
Read TextPreview

Extract of sample
"SWOT Analysis"

Download file to see previous pages The organization appears to have outgrown a vast majority of its present systems, and is presently faced with the challenge of having to layoff at least 500 workers. In order to sustain its tradition of not laying off any of its employees, BigTime will need to tackle the issues identified in the SWOT analysis presented in this report. The key issue lies in the company’s view to revolutionize its operations in order to integrate additional product offerings. This paper will provide a comprehensive SWOT analysis that will inform BigTime’s adoption of comprehensive marketing and organizational structure strategies. The SWOT analysis will be indispensable in helping BigTime take full advantage of its increasing customer base. BigTime SWOT analysis An organization’s SWOT analysis matrix is essential since it facilitates the realization of various factors concerning the organization, for instance, its strengths, weaknesses, opportunities and threats. These benchmarks are valuable in ascertaining the overall efficacy of the company’s business operations and realizing probable problematic areas and devising viable systems to tackle the problems. Strengths One of BigTime’s greatest strengths is its reputation of producing appropriate product offerings that are not only pertinent to the markets at different times, but are also tailored for each customer. In fact, the organization has been able to garner massive market presence and share based only on its name and reputation. The company is renowned for providing superior quality virtual management services to its customers. This positive reputation has been sufficient in creating opportunities for the company is diverse areas of the market. Question 1 This means that BigTime relies on its customers’ views or word of mouth as a form of marketing to other companies. Additionally, BigTime bases its marketing strategy solely on its website, which was developed 4 years ago by the vice president’s son. Through this marketing strategy, the business has attained major strides in enhancing its sales records, ultimately realizing a 20% increase in its reported profits in one year. Brand image is one of the most vital elements of an organization’s overall attractiveness. Therefore, BigTime’s good reputation and the name has a positive impact on its brand image, making the organization’s product and institutional brands quite appealing to the market. Furthermore, having operated in the virtual management market for 20 years, BigTime has in-depth knowledge of the market, which enables the company tailor its products based on market demands. Additionally, BigTime has superior infrastructure that continues to facilitate access and exploitation of applications needed to facilitate successful delivery of virtual management systems. These systems and applications are critical since they facilitate the organization’s provision of a holistic virtual experience to its customers. At present, BigTime boasts of a massive proportion of the virtual management market. BigTime’s operations in the country are approximately one-third of the market as BigTime is one of three companies that dominate the virtual management sector. Another key strength inherent in the organization is its wide array of products. BigTime offers an array of virtual services including management, organizational change, management, organizational leadership, and business. These products allow the organization to participate ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“SWOT Analysis Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.org/human-resources/1488378-swot-analysis
(SWOT Analysis Essay Example | Topics and Well Written Essays - 1500 Words)
“SWOT Analysis Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/human-resources/1488378-swot-analysis.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
SWOT analysis
A SWOT analysis is at the heart of any business and a key ingredient in the current and future success of any business venture. Snelling (2012) notes that at the heart of a SWOT analysis is the process of identifying the objectives of a
5 Pages(1250 words)Essay
SWOT Analysis
As such, the plan has been broken down to be analyzed upon these 4 contingent areas as follows: Strengths With respect to overall strength of the business plan, the target market is a perfect segment for such an offering as the target demographic and need both exist in ample supply based upon the demographic information provided in the analysis.
3 Pages(750 words)Essay
SWOT Analysis
From a general perspectives, it can be observed that job opportunities in finance and accounting are numerous through which an individual can build his/her career. It can be stated that various job opportunities in finance and accounting entail Bookkeeper, Accountant, Accounting Clerk and Certified Public Accountant among others.
8 Pages(2000 words)Essay
SWOT Analysis
The mission of this organization is to strengthen the character and the mind of young scholars by promoting chess in American schools and culture. AF4C promotes chess in
4 Pages(1000 words)Essay
SWOT Analysis
The internal factors are strengths and weaknesses. The company has adequate control over the internal factors. The external factors comprise opportunities and threats. The company has
1 Pages(250 words)Essay
To start with, SWOT analysis is restricted to those factors that can either be identified as either strengths or weakness (in the internal environment). Secondly, SWOT analysis does not prioritize issues;
1 Pages(250 words)Essay
SWOT Analysis
Low prices, excellent brand value, new products & services, excellent supply chain, and a huge loyal customer base are some of the strengths of Trader Joes. Being one of the largest grocery
1 Pages(250 words)Essay
SWOT Analysis
SWOT as an acronym represents the Strengths, Weaknesses, Opportunities and Threats that define a business’s environment. The identification of these aspects of a business helps in establishing a strategic plan for the organization. The SWOT analysis is also essential in the
2 Pages(500 words)Essay
SWOT Analysis
During 2012 projections, one gambling industry produced the higher $ 10,700 million revenue. Within the entire 2013 projected gambling period, the same industry reached the
4 Pages(1000 words)Essay
SWOT analysis
The factors are very crucial in determining the success of a business. In the tourism industry for instance, there are many internal and external
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic SWOT Analysis for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us