...Sidi Asia Ndioubnan Strategic Plan, Part II: SWOTT Analysis Date: January 10, 2012 Class: BUS/475 SWOTT analysis is an acronym that stands for: Strength, Weakness, Opportunities, Trends and Threats. This analysis gives a company the chance to examine the internal and external factors that can help the company reach an objective. SWOTT analysis is commonly used tool by managers of many different companies to develop a well thought of strategic plan. In this paper I will analyze eight different internal or external forces and trends that could affect Ladies First beauty salon. The information used will be used to create a SWOTT analysis table, which will be featured below. Lastly, the paper will identify the circumstances surrounding each issue, classifying the circumstances, attribute the importance of each classification and testing the accuracy of the importance for each classification. SWOTT Analysis of Ladies First Beauty Salon As stated the in introduction, a SWOTT analysis is a step that should not be over looked when creating or developing a strategic plan because it’s important in simplified the process. The SWOTT analysis where the company has its chance to look at the strengths, weaknesses, opportunities, threads and treads; that are needed to keep the business successful. These elements of the SWOTT deal with the internal as well as the external dwells of the company. The internal elements deal with things happening within the company and the external...
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...Business Model & Strategic Plan Pt. II Wallace DuBose Bus /475 Integrated Business Topics Professor Garold Cole October 10, 2015 Introduction Healthy Family is an online website, a blog, and an app designed to support better the clientele of 24 hr. Fitness in overall care and healthy wellbeing. The SWOTT analysis in this paper will evaluate the strengths, weaknesses, opportunities, threats and trends that are confronting the business in the modern business environment today. Internal and external forces are the two distinctive groups that play an important role in this analysis. Internal factors are those that we can control the business, such as management structure and innovation. The external factors that Healthy Family, Inc. faces outside of the organization’s control such as controlling issues and competition within the market industry. The overall objective for executing the SWOTT analysis is to gauge and determine critical data that will be of great use during the strategic plan development process. External Forces and Trends Healthy Family, Inc. must deal with an array of trends and external forces that could and will affect the strategic decisions. The most imperative factors that need to be considered are the legal matters and controlling matters. This web page, app, and blog are technology determined by the development of intelligent property and it is crucial to have some copyright safeguard. Also, there is also the need and...
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...Strategic Plan Part II: SWOTT Name BUS 475 Instructor Date Strategic Plan Part II: SWOTT SWOTT analysis is a vital system or tool utilized for anyone either before starting a company or even through the life of the company. SWOTT analysis allows a company to determine where they currently stand in the market they are in and where they can take their company in the future. Knowing the strength, weakness, opportunities, threats, and trends could be the difference whether the company or organization will succeed or be outdone by its competitors. On this paper a SWOTT analysis has been conducted to show the strength, weaknesses, threats, and trends that could impact the future of Power House Gym. Environmental Analysis There are various outside elements that could influence Power House Gym’s ability to reach it goals and accomplish the mission. In order to succeed Power House Gym will have to determine the proper strategy that could maintain the business. Studying the external environment about the business industry, competition, economic elements, technological elements, demographics, and so on could give Power House Gym an edge to continue succeeding move forward towards its goals. On the other hand internal environment is equally important since it analysis the inside aspects company’s operation, internal guidance and mission (Wise geek, 2003-2014). Performing an internal environment will allow for better understanding of the business operations such as marketing, production...
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...Business Model and Strategic Plan Part II: SWOTT Analysis Marlo Stevens BUS/475 July 30, 2015 lance williams Business Model and Strategic Plan Part Ii: Swott Analysis Introduction The Ingram adjustment will mean there will be a new department of Ingram-Micro, Inc. to be established that will allow customers to pay attention to the new product. The expansion of Ingram-Micro’s new product will reflect the values, mission and vision. The overall wishes will add to the success to the corporation. The new product will help insure that new customers will be satisfied with the warranty and tech support thus in turn will improve sales and customer relations. The new division will have a swot analysis of Ingram-Micro, Inc. once the new2 introduction of the new product is completed. Economics and regulatory legal enforcements will show trends as well as the Ingram-Micro, Inc. chain of supply. Swott Analysis of Ingram-Micro, Inc. In the world of business there exists a strategic perspective that is called the swot analysis. The analysis lets the company to look at the weaknesses and strengths new chances as well as the new trends that will result in the new external factors. Strength’s The new adjustments to the company will reflect the new innovative product that has been established. Ingram will be the first company to give this new offer to customers with the warranty and tech support in the market. The new offer is the most attractive feature that this market has ever...
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...Strategic Plan Part 2: SWOTT Analysis Natcha Miles-Brown BUS/475 June 27, 2016 Bruce Voris Strategic Plan Part 2: SWOTT Analysis The SWOTT analysis examination is an important systematic device used for evaluating elements both external and internal that have great influences over a company. The SWOTT analysis examination offers a company upgraded information needed to achieve and succeed strengths and weaknesses. The main elements of SWOTT analysis are divided under external and internal headings, This analysis paper will describe the depth evaluation of internal and external elements that may cause an effect on the business of Wello. Evaluating the main elements of Wello can influence the establishment of competitive advantages and satisfaction of stakeholders for the company. External Environmental Analysis Many other elements have an influence over Wello’s ability in accomplishing goals and objectives. In order for success, the Wello Company has to discover the appropriate strategies to maintain business operations and applications. The appropriate strategies will keep Wello provisions as necessary. The external factors will incorporate legal regulating elements, economic elements, global, technological and innovation. Legal and Regulatory Factors The legal factor must be comprehensive and exact by the business, because there are federal standards and rules that have to be followed. The federal standards and rules are usually stringent...
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...Strategic Plan, Part III: Balanced Scorecard Rebecca Lanham BUS 475- Integrated Business Topics August 1, 2011 Phyllis Koch 2 Balance scorecard is essential for developing a healthy business growing place. This is a vital key for defining the goals and targets of a company as well as the vision, mission, and the SWOTT Analysis. A Balanced Scorecard is, A set of four measures directly linked to a company’s strategy: financial performance, customer knowledge, internal business processes, and learning and growth (Pearce and Robinson, 2009, p. 202). This term paper will relate TL Concrete Services, values, mission, vision and SWOTT Analysis with the four perspectives of the scorecard (financial performance, customer knowledge, internal business process, and learning and growth). Financial Perspective/Shareholder Value A strong and well defined vision and mission statement will facilitate the company to achieve its target. The objectives of TL Concrete Services should be implemented as a daily routine so as to increase the performance of the company. The first and foremost responsibility of a company is to seek its customer satisfaction, benefit utilization, increased net revenues, and also to achieve financial stability. To evaluate the financial stability of a company, one should calculate the Operating cost, Earnings per share, growth revenue and return on interest and capital. If we succeed how we will look to our stakeholders Customer Value Perspective. The customers determine...
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...Strategic Plan, Part II: SWOTT Analysis Rich Bucceri BUS 475 May 28, 2012 Sarita Wesley Intro Utilizing SWOTT analysis for the Bucceri Insurance and Financial Services organization this paper will discuss internal and external factors to identify the right steps for the business to take to help be successful. SWOTT analysis will help guide upper management decide on what steps the business should take. Through a thorough SWOTT analysis we will look at the external and internal trends to identify strengths, weaknesses, opportunities and threats that the company could potentially face. SWOTT Analysis In order to conduct a successful SWOTT analysis we will need to assess the market, our company, and our competition. Additionally the organization will need to review any areas that could potentially generate a loss in sales or generated revenue. The first thing we will look at to identify potential future opportunities is our strengths and weaknesses. By identifying the current strengths the organization can identify what is currently working and if there could be any enhancements to make it better. By reviewing the weaknesses of the operation will help with identifying certain areas to alleviate as well as modify to hopefully at some point move into the strength column. Next the company will want to identify any opportunity that is where a need may exist and could potentially move into a profit. As a final piece the company will look at...
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...Strategic Plan II: SWOTT Analysis for McCain’s Fabulously Tasting Gourmet Food Truck Kimberly McCain BUS/475 February 23, 2014 Dr. Terry Hibbler In order for a start-up business to be successful, it should perform a SWOTT analysis which refers to strengths, weaknesses, opportunities, threats, and trends. SWOTT analysis is the process of management identifying the internal and external factors that will affect the company’s future performance. It is a planning process in which financial and operational goals are set for the upcoming year and creating strategies to accomplish these goals. The following are the internal and external factors that affect McCain’s Fabulously Tasting Gourmet Food Truck. External forces Legal and Regulatory Strengths Weaknesses Opportunities Threats Trends The food truck follows all sanitary practices in compliance with food handling. And is consistently examined for cleanliness and clearly posted. There are always new laws and regulations in regard to food handling. The business must continue to stay abreast of new regulations. The Food Truck has an excellent reputation due to cleanliness and adhering to legal and regulatory requirements, thereby allowing growth If the Food Truck should not comply with a new regulatory requirement, the fine could be stiff and decrease profit and stakeholder’s investments. Trending will involve keeping abreast of legal and regulatory requirements and ensure the Food Truck is up to...
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...Strategic Plan, Part II: SWOTT Analysi University of Phoenix BUS/475 Integrated Business Topics Strategic Plan, Part II: SWOTT Analysis The SWOTT analysis is one of the most effective tools used by companies in forming a strategic plan. SWOTT is an acronym for Strengths, Weaknesses, Opportunities, Threats, and Trends that face a company. Managers can use this tool as a technique in creating a quick overview of their company’s strategic situation. Pearce & Robinson (2009) states,” It is based on the assumption that an effective strategy derives from a sound “fit” between a firm’s internal resources (strengths and weaknesses) and its external situation (opportunities and threats).” This paper will analyze some external and internal forces and trends that could affect a new TruHealth Restaurant and Bakery. This will be determined from a created SWOTT table provided below. Each discussed force and trend will include one primary strength, weakness, opportunity, threat, and trend included in the table. The paper will also analyze at least seven forces and trends and how they pertain to TruHealth. Last the paper will discuss technology and competitive analysis, how TruHealth’s adapts to change, supply chain operations, and any significant issues and/or opportunities for this company. SWOTT ANALYSIS TABLE Factors |Strength |Weakness |Opportunity |Threat |Trend |External...
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...decreases its total assets and total stockholders’ equity. 4. You work in marketing for a company that produces work boots. Quality control has sent you a memo detailing the length of time before the boots wear out under heavy use. They find that the boots wear out in an average of 208 days, but the exact amount of time varies, following a normal distribution with a standard deviation of 14 days. For an upcoming ad campaign, you need to know the percent of the pairs that last longer than six months-that is, 180 days. Use the empirical rule to approximate this percent. • 97.5% • 95% • 2.5% • 5% 5. __________involves ensuring proper strategic controls and organizational designs. • Corporate governance • Strategy implementation • Business-level strategy • Corporate-level strategy Find the Capstone Final Examination Part 2 answers here BUS 475 Capstone Final Examination Part 2 6. A post-closing trial balance will show: • only income statement accounts • zero balances for balance sheet accounts • only balance sheet accounts • zero balances for all accounts 7. The...
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...Strategic Plan II: SWOTT Analysis Samitra Irabor BUS 475 February 25, 2012 Dr. Paul Sam Strategic Plan II: SWOTT Analysis The SWOTT analysis is one of the most effective tools used by companies in forming a strategic plan. SWOTT is an acronym for Strengths, Weaknesses, Opportunities, Threats, and Trends that face a company. Managers can use this tool as a technique in creating a quick overview of their company’s strategic situation. Pearce & Robinson (2009) states,” It is based on the assumption that an effective strategy derives from a sound “fit” between a firm’s internal resources (strengths and weaknesses) and its external situation (opportunities and threats).” This paper will analyze some external and internal forces and trends that could affect the new proposed Spoiled Beautiful. The paper will analyze at least seven forces and trends and how they pertain to Spoiled Beautiful. Last, the paper will discuss how Spoiled Beautiful adapts to change, analyze the supply chain operations of the organization, and identify any significant issues and/or opportunities for Spoiled Beautiful. STRENGTHS | WEAKNESSES | Our STRENGTHS are: 1. Leadership 2. Innovation 3. Legal and Regulatory | Our WEAKNESSES are: 1. Technologies | OPPORTUNITIES | THREATS | Our OPPORTUNITIES are: 1. Social | Our THREATS are: 1. Competitive Analysis 2. Economic | TRENDS | Our TRENDS are:1.Social | The table above provides the strengths, weaknesses, opportunities...
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...S Strategic Plan II: SWOTT Analysis Annette Bauer BUS/475 Heike Soeffker-Culicerto August 29, 2011 A SWOTT analysis a tool used to measure the Tiny-Tots Daycare Center’s strengths, weakness, opportunities, threats and trends. By doing a SWOTT analysis the daycare can become a better and more efficient center. Strengths for a daycare center is a positive quality, they can be the training of the staff, financial stability, and a modern facility. Weaknesses are aspects that need to be improved like low cliental, untrained staff, and out dated equipment or facility. Opportunities are things that help the make a future for the center like growth in the number of children attending or more grant money. Threats can lead in the drop of business or loss of efficiency, these threats could come from the loss of employment within the community and parents may not be able to afford daycare (Cooper). For the Tiny-Tots Daycare Center to conduct a SWOTT analysis, the company will need to answer some questions about their strengths; what advantages do they have, what are their resources, what do they do better than their competitors. Once they have company views their strengths, they will need to see both the external and internal viewpoints, and then make sure they evaluate the customer’s views, as well as the competitor’s views. Once this is done they then need to view their weaknesses, and ask questions like what can be done to improve and avoid these weaknesses. ...
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...Business Model and Strategic Plan Leroy Kennedy Bus/ 475 August 21, 2014 Ramzy Noel Business Model and Strategic Plan A Business Model discusses the broad range of informal and formal descriptions to represent core aspects of a business including its customers, purpose, process, offering, strategy, infrastructure, organizational structures, trading practices, operational processes, and policies. ("Business Model", 2014).. The Strategic Plan of a business is the process of how the business is going to go forward in implementing the goals of the business model. The Strategic Plan outlines and transfers the information of the business model into an engine that drives that model and brings it into fruition. This Strategic Plan should include a SWOT Analysis that defines the strengths, weaknesses, opportunities, threats, and trends. In conducting a SWOTT Analysis of Weis Manufacturing some of the legal and regulatory laws they would have to get away from is distinguishing itself from a daycare which is under more strict rules than the division is planning to offer. Regulatory laws governing childcare is more than the division can bargain for because it brings the risk of a lawsuit from a child being hurt. Economic conditions that may affect Weis vary depending on the economy at any given time. When the economy is booming people are more readily to spend money but when the economy is failing people are tight with their money. One advantage this new division will have is...
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...Under Armour Strategic Plan Part BUS/475 Under Armour Strategic Plan Part Two Under Armour has learned how to be successful with a resilient strategic plan in place. The strategic direction that a company decides to endeavor could be the cause of a company to become successful or fail. Strategic plan of a company needs to be explained to all personnel involved to be a successful venture by the company. The purpose of this synopsis is to analyze the forces and trends that Under Armour has to relate to and that is relevant to its competitive situation. The internal and external forces will include the economic as well as legal and regulatory forces and trends. Externally this will cover the economic, innovation, and social aspects. The internal forces will include technologies, goals, and strategy points. SWOTT Analysis With today’s recession the business markets in the world face many obstacles to keep business profitable. With a Strategic plan incorporated and followed in the company will allow the company to set goals and achieve the goals. Under Armour developed strategic plans that include a SWOTT analysis. This establishes by what method the business will survive in the market during the recession. A SWOTT analysis is a situational analysis of an organization’s internal strengths and weaknesses, opportunities, threats and trends that are faced by the company (Pearce, 2009). This analysis will be examined to provide a strategy for the company’s survival. With...
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...Strategic Plan, Part III: Balanced Scorecard BUS/475 January 21, 2013 Strategic Plan, Part III: Balanced Scorecard For this portion of the business plan, we will use a balanced scorecard of strategic objectives for Mother Nature’s Healthy Eats. Some of these strategic objectives were taken from the SWOTT analysis that was created in part two of this business plan. A balanced scorecard is a set of four measures directly linked to a company’s strategy: financial performance, customer knowledge, internal business processes, and learning and growth (Pearson & Robinson, 2009). After sitting down and reviewing several issues that needed to be improved, the most needed for improvement were put on the balanced scorecard and each objective was given a time frame or percentage of improvement goal. The length of time for the first scorecard is to be met within a one year time frame or less. Each objective has been carefully thought out and what measure will be used to collect the needed information to ensure each objective has been met or what needs to be used to help in obtaining the objective. Financial The first strategic objective for the financial quadrant is to increase revenue and lower costs that will be measured with the financial statements each month and the target for this objective is a 25% increase within one year. The second strategic objective is the competitive position in which Mother Nature’s Healthy Eats is currently in. There is a large amount of competition...
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