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swot_analysis_of_the_selected_place-1.docx

SWOT Analysis of the Selected Place

Strengths

· The education is on hiegher level

· The cost of this city is also low because of the availabily of educated labour

· The customers are loyal with their producers and distributors

· Pricing powers are mostly with the businesss/ sellers

Weakeness

· The effieciencies at work are low

· The debt burden of the city is higher

· Staff turnover is higher

· Customer services are poor

Oppertunities

· Online market is very active here in this place

· There is room for innovation and we can use this as an opportunity for our project as we will be offering innovation at hands.

· There are lots of new markets that can be explored and used as an opportunity

Threat

· Monetray exchange rates are threat to the project

· Econoy here is also in a downword direcion which can pose some threats to the project in the future

· The level of competetion it high here

· There is high rate of changes in tastes of the people

References

1. Humphrey, Albert (December 2005). "SWOT Analysis for Management Consulting" (PDF). SRI Alumni Newsletter (SRI International). "Albert Humphrey The "Father" of TAM". TAM UK.

2. Blake, Martin; Wijetilaka, Shehan (26 February 2015). "5 tips to grow your start-up using SWOT analysis"

3. Menon, A. et al. (1999). "Antecedents and Consequences of Marketing Strategy Making". Journal of Marketing (American Marketing Association) 63 (2): 18–40.