It is evidently clear from the discussion that one of the most prominent strengths associated with Airbnb is its business model. It allows for sharing of resources amongst the public. Secondly, Airbnb enjoys a strong and admirable image and reputation. Its presence is recorded in almost all streets in Paris. The number of users has grown significantly over the last two years, especially in France. Thirdly, Airbnb is furnished with a team of employees with brilliant skills. This team is made up of young entrepreneurs who are innovative and hard working. Airbnb has a beautifully crafted online system with a unique design. The other strength of Airbnb is its focus on hospitality rather than many business ideas. Several weaknesses are associated with Airbnb. These include its limited internal capabilities when handling legal issues as defined by the local and federal governments. Some of these legal issues include hospitality laws whose definition was done before the introduction of modern technology. The company has a low rate of sharing and exploitation of finite resources due to the failure to focus on environmental impacts of the business. Several users of Airbnb have been subjected to heavy fines for renting out apartments to users for a short time. In several states and cities, this is regarded as illegal one is subjected to heavy fines.
Carrying out SWOT analysis involves specifying the objectives of the business venture and identifying the external and internal forces that are benevolent or malevolent to the business. The case of businesses which have thrived on SWOT analysis is inclusive of Catering and Ballroom Rental businesses.
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.
Moreover, Silver Lodge provides a common outdoor area with a hot tub and an on-site front desk service. With an estimated one hundred and fifty thousand visitors annually, Marty and Luke, owners of the lodge, plan to operate it in November to April only. This is because they want it to serve customers during summer and spring thus becoming a summer resort.
The company presently appreciates the need to change its specializations to cover additional areas. In an attempt to revitalize its business and acquire greater strategic positioning, BigTime has called for assistance with its marketing and international organizational structure.
xpenditures on R&D, Toyota has large capacities to produce and utilize new technologies as it has already done with the introduction of its new electric/petrol hybrid vehicle, the Prius.
4. Toyota enjoys a brand positioning of high quality, reliability and durability all over
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
SWOT analysis also helps to determine the aspect of what is right or wrong with the products that a company produces (Mao, Su-Chen, uh-Min, 2013). The three major players in the smart phone company are Samsung, Apple and Huawei. The SWOT analysis of these companies
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In the study, the SWOT analysis of the Airbnb has been performed to find the internal and the external environmental situation of the company. The concept of collaborative consumption is essential in the realization of web-powered interaction at Airbnb…