...SWOTT Analysis Strategic Plan Part II BUS/475 A SWOTT examination is a critical systematic resource used internally and externally at . They each involve showing how here at the Extended Homecare Resorts business plan impacts the organization. Currently Resort organization uses SWOTT to assess their sell or advertise their type of organization. The SWOTT analysis allows Homecare Resort to improve and acquire information about its achievable strengths and weaknesses, future opportunities, threats, as well as risk to future business goals. The management team here at Future Wave of Extended Homecare Resort has made assessments using the SWOTT analysis. This is another plan used to find out the likelihood of developing a competitive advantage and how well stakeholders are content with the organization. The external factors Resort face includes several factors that impact the business. These factors include economic, technological, socio-cultural, innovation as well as legal and regulatory factors. These factors have the ability to have a negative impact over Future Wave of Extended Homecare Resort. We here Resort is focusing on a plan to assure the future success of our business is continued through constantly improving and sticking to our goals and objectives. Some of the ways we intend to maintain a successful business here at Resort is to start with legal and regulatory factors because, of the importance of innovation and economic development. Factors such as taxes...
Words: 902 - Pages: 4
...SWOTT Analysis Laura Bagley BUS 475 May 2, 2011 StevenVerrone SWOTT Analysis |[pic] |[pic] | |[pic] |[pic] |[pic] | | |Strategy | | | |Processes and systems |Structures | | |Goals |Resources | | |Strategic capabilities |Technologies | | |Innovations | | | |Intellectual Property | | | |Leadership ...
Words: 1029 - Pages: 5
...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...
Words: 363 - Pages: 2
...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...
Words: 1183 - Pages: 5
...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...
Words: 1009 - Pages: 5
...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...
Words: 1152 - Pages: 5
...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...
Words: 1043 - Pages: 5
...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...
Words: 1212 - Pages: 5
...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...
Words: 797 - Pages: 4
...Lear Corporation Part II: SWOTT Analysis BUS/475 December 14, 2015 Lear Corporation Part II: SWOTT Analysis New division of Lear Corporation will be engaged in retail and communication sphere of automotive sector. It is crucial for every business to conduct SWOTT analysis, which will give an overview on the situation within the business and on possible challenges and potential victories. The table below represents the parts of external and internal analysis of a new division, which is SWOTT analysis (Free SWOT Analysis, 2012): Strengths | Weaknesses | * Strong connection with the suppliers * Initial competitive advantage * Support of innovation * Research & development investments * Positive image and history of Lear in the eyes of legal authorities and in the eyes of the society * Global presence and further expansion of the global low-cost footprint * The initiative of ‘going green’ | * Strong connection with the ‘mother’ company and its previous possible bad lucks * High dependence on the limited number of suppliers * Substantial indebtedness of the whole company | Opportunities | Threats | * Increase in sales due to the increased interest in hybrid automobiles * Increasing influence of positive image by sustainable development initiatives * Growth opportunities throughout the states * Becoming best in the future industry due to a strong competitive advantage * Implementing social/loan programs to bring greater value to the...
Words: 1070 - Pages: 5
...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...
Words: 2950 - Pages: 12
...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...
Words: 1148 - Pages: 5
...SWOTT Analysis Brittany Baker BUS/475 March 2, 2015 Ryan Simpson Strategic Plan, Part II: SWOTT Analysis For The People (FTP) will be a brand that represents a lifestyle of success. FTP strives to develop a culture around the brand that represents the relentless pursuit of being successful, regardless of how the naysayers view or accept the success of the individuals who wear our brand. The management team at FTP will provide customers with the finest customer service and online experience in order to gain a competitive edge over its competitors in street style/casual clothing market. To gain a finer viewpoint of the company's present condition and to uncover a future prospects a SWOTT analysis has been conducted; regarding the different aspects such as competitive analysis, economics, socialization, culture, goals, etc. Competitive Analysis Competitive analysis plays a huge role in FTP’s marketing plan. This allows FTP to identify its competitors and evaluate their strategies to determine how its competitor’s products strengths and weaknesses are relative to its own product. This analysis will also establish what makes our product unique compared to our competitors, which will allow the company to play up its attributes in order to attract our target market. Once the competitive analysis has been completed, this will also show us how to position our product. The way we position our product is in the mind of the customer, something that is brought about by a combination...
Words: 1103 - Pages: 5
...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. ...
Words: 1558 - Pages: 7
...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...
Words: 1626 - Pages: 7
