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SWOT Analysis and 7Ps Process of a Company

   

Added on  2023-01-05

9 Pages1270 Words80 Views
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Business Plan
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SWOT Analysis and 7Ps Process of a Company_1

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Table of Contents
SWOT analysis............................................................................................................ 2
Process of the company in 7Ps...................................................................................3
References................................................................................................................. 4
Appendices................................................................................................................. 6
SWOT Analysis and 7Ps Process of a Company_2

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SWOT analysis
Strengths
The company use the latest technology to increase productivity and improve the quality
of the tyres
The firm would be more innovative than the other existing companies
Weaknesses
High competition from the top competitors in terms of pricing and thus, need to focus on
keeping the price of the product low
Opportunities
Advanced technology provides an opportunity for the firm to practice differentiated
pricing strategy in the market
Stable economic environment and low unemployment rate also offer an opportunity to
grab new customers daily as well as increase the market share (Symeonides, Loizia &
Zorpas, 2019)
The number of purchasing the vehicles is also increasing which will be a chance for the
company to supply more and more products
Threats
New regulation of the environment by the government of New Zealand could be a threat
to the production of the product (Sharib & Halog, 2017)
The purchasing behavior of the consumers is also changing which can also be a threat to
the physical infrastructure of the firm
SWOT Analysis and 7Ps Process of a Company_3

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