SWOT Analysis. Advantages and limitations - Essay Example

Comments (0) Cite this document
Summary
A SWOT analysis acts as a guide for one to know and identify the positive and negative of one's organization that is the strength and weakness as well as the external environment that is the opportunity and threats…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
SWOT Analysis. Advantages and limitations
Read TextPreview

Extract of sample "SWOT Analysis. Advantages and limitations"

Download file to see previous pages Strengths are the qualities that enable one to achieve the organization’s assignment. Strengths are the beneficial aspects of the organization or the ability of an organization that includes human capabilities, financial resources, products and services.
Weaknesses are the qualities that prevent an organization from achieving its goals.
Opportunities are the essentials that the organization can adventure to its advantage. They are presented by the environment which an organization is based.
Threats are the elements that cause problems for an organization. A threat occurs when an external environment endangers the ability of an organization to maximize profit (Pahl et al, 2009).
Strength and weaknesses of the organization
There is various strength I exposed in this organization. We have a good management approaches and corporate polices in the organization management system that enables good management process, we own a clinical research center. It is a center of excellence that runs clinical research, we have a highly skilled clinical staff that attends to patients with dignity and courteousness, we have local aids that are willing to participate in the running of the organization, we have a history of a successful open day proceedings with the community that surrounds us, the clinic has a philosophy of honesty, commitment and sharing to increasing patient self-assurance and the patients’ involvement in matters related to the services....
some surgeries and procedures are still too difficult to perform at the organization, for example, complex neuro surgeries which mean that patients have to be referred to a more advanced hospital. Poor location or geographic barriers are another weakness. We have a weakness in getting the potential patients nearby. Due to many specialist hospitals nearby that try to capture same area patients’ sources, the competition is aggressive Opportunity and threats for the external environment factors: Opportunity: Technological- better and advanced medical technology includes a wide variety of healthcare products. This intends to improve the quality of healthcare. Political- change in governmental politics. This can influence the service in that when the government introduces services that are of low tax and insurance products that favor the public this will enable many to run for the opportunities instead of avoiding medical facility due to low affordability rate. Competitive- due to Competitor vulnerabilities we will be able to excel in their areas of weakness thus improve the output level. Regulatory- this can be depicted through lowering of taxes by the government. This will enable the public access the organization products and services with ease. Social- in the social perspective, the population is expected to grow by 2015, the healthcare sector is expected continue to grow. Older age population will increase the demand for healthcare services. The country’s healthcare expenditure is predictable to grow from the current 3% of GDP to 6% of GDP by 2015. With the rising household income and improved life quality, the organization may benefit by capture this business segment opportunities. Economic- the organization can expand to other locations to serve more population ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“SWOT Analysis. Advantages and limitations Essay”, n.d.)
SWOT Analysis. Advantages and limitations Essay. Retrieved from https://studentshare.org/nursing/1474812-swot-analysis-advantages-and-limitations
(SWOT Analysis. Advantages and Limitations Essay)
SWOT Analysis. Advantages and Limitations Essay. https://studentshare.org/nursing/1474812-swot-analysis-advantages-and-limitations.
“SWOT Analysis. Advantages and Limitations Essay”, n.d. https://studentshare.org/nursing/1474812-swot-analysis-advantages-and-limitations.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF SWOT Analysis. Advantages and limitations

SWOT Analysis

...Section/# Scooters Business Plan: A SWOT Analysis This particular analysis will undertake to effectively measure the business plan of University Scooters with respect to its overall level and scope of strengths, weaknesses, opportunities, and threats (better known as a 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. Likewise,...
3 Pages(750 words)Essay

SWOT analysis

...?Based on facts presented in the case, perform a SWOT/TOWS analysis on Amazon.com SWOT Analysis: Strengths Amazon.com has the great advantage of being a market leader. It has a huge range of products. It has relatively low running costs because it does not maintain any shops. Amazon.com has patented leading edge customer care technology. Weaknesses . The huge range of activities brings a risk of the company being overstretched and losing focus. There are potential quality control problems with so many partnerships. Opportunities The market for new electronic and software products is still growing, with new products arriving all the time. More people of...
2 Pages(500 words)Essay

SWOT Analysis

...? Running head: SWOT ANALYSIS SWOT Analysis Sumptuous Cuisine Catering was established in 2005 to operate a catering kitchen and to provide specialized catering services and high end events in the Doeureville region. The company eventually specialized in event management with the provision of specific services such as space design and decor, floral designs, alcohol beverage service and music and DJs. In view of the fact that Sumptuous Cuisine Catering plans to expand its operations to a dedicated location called The Sumptuous Ballroom with funding through mortgage, issue of convertible debt and its own funding, it becomes important to conduct a SWOT analysis of the company in order to ascertain where it stands presently in terms... Running...
3 Pages(750 words)Essay

SWOT analysis

...Case Study Inserts His/Her Inserts Grade Inserts 19.11 SWOT analysis The hotel has several aspects which would enhance its program through an analysis of its internal organs. The strengths of the hotel lie mainly with the size of the company. Being a member of a chain of hotels, the hotel can use this as a way of diversifying its operations. As a member of a large company, the hotel would get a competitive edge over its competitors (Gordon, 1989). Marketing the hotel can be done collectively for the company and not a single unit the concept of boutique hotel can be identified as a week point for the new group. Maintaining the hotel as it is would be a major challenge for the new group if they lack the experience needed to run... Study Inserts ...
6 Pages(1500 words)Case Study

E-Learning: Advantages and Limitations

...Advantages and Limitation of E-Learning Recently, there has been an increase in the number of students taking part in education on part-time basis. This increase has been caused due to the increase in the expenditure on education and the decreased amount of monetary funding for students. Another reason is that student commitment with family and job has increased, and students do not have free time to spend in educational institutes. Due to this scenario, education providers have incorporated or created educational programs for students with the assistance of up-to-date technology. These kind of educational programs are recognized as e-learning programs. Several universities are concentrating on either...
6 Pages(1500 words)Research Paper

SWOT Analysis

...Strength, Weakness, Opportunities and Threat Analysis Smith & White Corporation Strengths: Unified brand Diverse product line including lawn and garden tools, kitchen appliances in addition to power tools Unified strategy across all product lines Brand equity built and maintained through massive advertising Large retailers like Big Boxes stock S&W products due to high consumer demand Dominant position in markets across nations Weaknesses: Old manufacturing plants leading to greater costs High cost of labour No clear delineation between professional and consumer tools Negative feelings on the part of distributors because of abuse of market position by S&W Huge size causing slow reaction to market changes Not expanding into...
5 Pages(1250 words)Assignment

SWOT analysis

...A SWOT analysis is a useful instrument for helping managers to identify internal strengths and weaknesses of a business and external opportunities and threats facing it,” (Strydom J. p 31). Basically, SWOT stands for strengths (S), weaknesses (W) while on the other hand the external environmental factors are regarded as either opportunities (O) or threats (T). This analysis is very important to the managers as it allows them to focus on key strategic issues based on the notion that an effective strategy fully utilises the strengths and opportunities of a business and strives to minimise the weaknesses and threats. Kathmandu Holdings Limited is an...
1 Pages(250 words)Essay

E-Learning: Advantages and Limitations

... E-Learning: Advantages and Limitations With the onset of digital age, online services prove to be an essential toolfor easy communication. Online services through organizational intranet and internet functions allow a fast and efficient flow of information transfer while significantly reducing the cost of the process as information dissemination is improved. This kind of set up dissolves the notion of distance and permits people to convene amidst physical barriers (Nayak and Suesaowaluk 22.1). As such, information and communication technologies have been applied to educational development in both academic institutions and workplace in recent years through the establishment of e-learning “in order to reinforce academic development... , to...
6 Pages(1500 words)Research Paper

SWOT analysis

...operations. -3 3 -9 The smart phone companies lack their own operating system and software. -3 3 -9 Price wars which cause the smartphone companies to selling their products and significantly low prices and this can make competitors to wipe them out of the market. -3 2 -6 Patent rights violation -2 3 -6 Reduction on the levels of hardware production -2 3 -6 The competitors of these companies tend to be one of their largest buyers -2 2 -4 Penetrated patents whereby some of the competitors use their patents but do not pay for the rights to use them. -3 2 -6 Limited access since customers. -1 2 -2 M- magnitude of element I- importance R-Total rating References Mao-Yuan, P. C., Su-Chen, W, Y. uh-Min, C. (2013)....
2 Pages(500 words)Assignment

SWOT ANALYSIS

...SWOT analysis In an effort to determine organisations capabilities, SWOT analysis can be the easiest and cheapest mode of analysis. Auditors can easily list strengths and weaknesses and use the most relevant factors to assess the performances and potentials. However, SWOT analysis has severe limitations that make it not effective in complex strategy developments. 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...
1 Pages(250 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. Advantages and limitations for FREE!

Contact Us