The document discusses conducting a SWOT analysis for an automobile industry. It explains that a SWOT analysis identifies internal strengths and weaknesses as well as external opportunities and threats. It then provides a sample SWOT analysis for an automobile industry, listing potential strengths like low costs and skilled labor, weaknesses like low quality, and opportunities and threats in the external environment like competition and trade agreements.
The document discusses conducting a SWOT analysis for an automobile industry. It explains that a SWOT analysis identifies internal strengths and weaknesses as well as external opportunities and threats. It then provides a sample SWOT analysis for an automobile industry, listing potential strengths like low costs and skilled labor, weaknesses like low quality, and opportunities and threats in the external environment like competition and trade agreements.
The document discusses conducting a SWOT analysis for an automobile industry. It explains that a SWOT analysis identifies internal strengths and weaknesses as well as external opportunities and threats. It then provides a sample SWOT analysis for an automobile industry, listing potential strengths like low costs and skilled labor, weaknesses like low quality, and opportunities and threats in the external environment like competition and trade agreements.
The document discusses conducting a SWOT analysis for an automobile industry. It explains that a SWOT analysis identifies internal strengths and weaknesses as well as external opportunities and threats. It then provides a sample SWOT analysis for an automobile industry, listing potential strengths like low costs and skilled labor, weaknesses like low quality, and opportunities and threats in the external environment like competition and trade agreements.
1. SWOT analysis is used extensively in different industries. Frame a SWOT analysis for an automobile Industry
SWOT analysis is analysis of the organizations strengths, weakness, opportunities, and
threats. It matches internal strengths and weaknesses up against opportunities and threats. Strengths and weakness are internal factors which we can control. And opportunities and threats are external factors that businesses can't control, but can however impact on. When using strengths and weakness, businesses need to collect raw data to get information. Businesses can get information by customer feedback, employee surveys. Furthermore, businesses also can identify the capability if it is weakness or strengths, resources and process. Opportunities and threats are the external factors. Business can get information from secondary data like environmental information, industry information and competitive data. The purpose of the business use the SWOT analysis is to get the information from it and match each other to develop the ideas and get into goal statement to form strategic development.
A SWAT analysis for automobile industry
HELPHULL TO OBJECTIVE HARMFULL TO OBJECTIVE
INTERNAL STRENGTH WEEKNESSES
ORIGIAN 1. Low cost structure in terms of 1. Low quality of product labor and raw material. compare to other automotive 2. Qualified and skilled labor with industry. increasing exports and engineers. 2. Low investment in research 3. High operational efficiency of the and development. industry. 3. Limited knowledge of product 4. Manufacturing capability is liability and offshore warranty improving. handling. 4. Comparatively poor infrastructure for supply chain and exports.
EXTERNAL OPPORTUNITITIES THREATATS
ORIAGIN 1. Huge opportunity in the tier- 1 and 1. Competition from other low tier 0.5. cost countries like China, 2. Improving income level in the Taiwan, Thailand etc. middle class in the country. 2. Lack of new technology in 3. Better and environmentally Indian companies. effective technology is in demand. 3. Free Trade Agreements / 4. Global market opportunity itself is Preferential Trade Agreements. the ultimate opportunity provided 4. Increase in import costs and by auto industry.. technology cost.