Diploma Management Individual Assignment

Recommendations

Assuming the following are the outcome of your PESTL analysis & SWOT analysis:

S (5) - enhance

W (3) - minimise

O (4) - exploit

T (1) – reduce

Above as examples:

(number): number of SWOT e.g. number of strengths is 5 i.e. S (5), weaknesses is 3 i.e. W (3), etc.

Recommendations

Since the proposal or recommendation is for Winegold to invest in Swedenin 2 years’ time, it is recommended that the organisation takes the following actions to prepare itself for investing in the country (this paragraph (yellow) is applicable only if the proposal is yes, invest in Sweden at the Conclusion section. The words in blue has been included for the entire paragraph (blue + yellow) only if the proposal is “Wait” at the Conclusion section)

Should Winegold Pty Ltd decides to invest in Sweden at some future date, it can adopt the following recommendations to make inroads into the Swedish market (this paragraph (green) is applicable only if the proposal is no, do not invest in Swede at the Conclusion section)

· Invest in more advertisings & promotions of its high quality products & services in Sweden

· Improve its plans of supply chain processes to make them more efficient so as to reach out to customers more effectively

· Take advantage of the good working relationship between Sweden & Australia by requesting for more favourable or preferential tax rates on its exports

· Conduct cross-cultural training for both Australian managers/workers, as well as Swedish managers/workers so as to enable them to understand each other better.

Note:

The above examples are for illustration only. Please use your own words to phrase or rephrase as far as possible the recommendations you are going to provide.