Successful business SWOT

Successful businesses regularly analyze their processes to ensure they’re operating as efficiently as possible and maintaining their competitive advantages. Although you can assess a company in many ways, a common technique is the SWOT analysis. In this assignment, you will practice using a SWOT analysis to better understand the factors involved in making business decisions that promote sustainable competitive advantage.

Select and research a company from the 2019 Fortune 500 list that demonstrates a sustainable competitive advantage in the marketplace.

Evaluate the selected company’s sustainable competitive advantage using the SWOT analysis technique.

Write a 700- to 1,050-word modified SWOT analysis that includes the following:
o An introduction with a detailed description of the company
o A SWOT analysis diagram that includes strengths, weaknesses, opportunities, and threats
o An evaluation of how specific internal factors (strengths and/or weaknesses) support and/or promote a competitive advantage; examples may include:
o Financial, physical, or human resources
o Access to natural resources, trademarks, patents, or copyrights
o Current processes (employee programs or software systems)

Sample Solution

SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company’s competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential.A SWOT analysis is designed to facilitate a realistic, fact-based, data-driven look at the strengths and weaknesses of an organization, initiatives, or within its industry. The organization needs to keep the analysis accurate by avoiding pre-conceived beliefs or gray areas and instead focusing on real-life contexts. Companies should use it as a guide and not necessarily as a prescription.

Americanisation (the assimilation of pan-European and US culture within a population). National sovereignty relates to the belief that the ultimate power of governance in a specifically outlined geographical area (national borders), should lie with a national government and be representative of the population physically inhabiting that area (Marsonet, 2017; pp47-57).

To summarise, the growth of the EU and more generally, globalisation, has generated a large amount of political tension, within contemporary European society. This necessitates the need for a much deeper level of analysis, into the relationship existing between Anti-EU political agents and the transnational organisation itself. Research in this area will be extremely helpful towards an academic and empirical understanding of the agency/structure dialectic, which has dominated political science debates for decades (Marsh & Stocker, 2010; pp189-201).

It is particularly illuminating, for theories exploring the relationship, between group agents and an organisational structure in the international system, like the EU. This area of research is shockingly underdeveloped and will be highly important in the field of organisational studies. It will also be helpful towards evaluating the operation and public appeal of transnational, political organisations (Fairclough, 2005; pp931). This is because practical argumentation (a potent speech dialogue derived from the speech genre deliberation), is arguably the precursor to social action Therefore, it is a useful dialogue, which can be utilised by political agents in agency (Fairclough & Fairclough, 2013; pp23).

One of the most fundamental aspects of political science research is to understand the motivations behind the agency of political agents (Marsh & Stocker, 2010; pp189-201). Agency is the action of a social agent set to a specific task, objective, or claim for action (Marsh & Stocker, 2010; pp189-201). If the task is political in nature, the typology of the agency will shift and become political. The individual or group will then be recognised as a political agent. The goal of agency is to influence social practices. Theories of structuralism proposition that unobservable social and economic structures determine the action of political agents, leaving little room for examples of individual autonomy and individual strategies, to influence events and social practices. An example of a deterministic social structure is the capitalist economic structure.

The version of discourse analysis that this study will use, does not utilize structuralism. This study

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.