Report on Profile of 4Com Plc : Strength and Weakness
Added on 2020-06-05
16 Pages5440 Words177 Views
SMALL BUSINESSENTERPRISE
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 SWOT analysis of small business of 4com PLC .................................................................11.2 Analysis of business using comparative measures of performance.....................................3TASK 2............................................................................................................................................42.1 Appropriate actions to overcome the identified weaknesses in business..............................42.2 Ways in which current performance could be maintained and strengthened.......................52.3 New areas in which business could be expanded.................................................................6TASK 3............................................................................................................................................73.1 Produce an assessment of business objectives and plans......................................................73.2 Business plans to incorporate appropriate changes...............................................................83.3 Action plan to implement the changes..................................................................................9TASK 4..........................................................................................................................................104.1 Impact of the proposed changes on the business and its personnel....................................104.2 Plan for changes will be managed in the business..............................................................104.3 Improvements in the performance of the business over a given timescale.........................11CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................12
INTRODUCTIONSmall business are those industries who size is small and there are small number ofemployees are working. This type of enterprises are generally owned, control and managed bysingle person. The sales and revenue of these firms is very less. In small industries includehairdressers, small restaurants, hotels, stores etc. 4 com plc is a small business firm whichprovides good communication services to its customers. The culture of this company is good andit tries to do everything in an effective and excellent way. The main motive of this business firmis to improving its communication services so that every one can interact or communicate witheach other in all over the world (Storey, 2010). In this present report mentioned about the profileof 4 com plc and its strengths or weaknesses. This business enterprise use some appropriateactions to overcome from its weaknesses and to retain its strengths. For any type of change andmodification, this business firm make appropriate business plans and objectives. In this presentreport mentioned about the impact of proposed changes on business and its personnel and inwhat manner manager managed the changes in business organisation. TASK 11.1 SWOT analysis of small business of 4com PLC A small business is a privately owned partnership, corporations which has feweremployees and annual revenue too. A small business can grow by their employees. SWOTanalyse is a useful framework to analyse a organization or company strength, weaknessopportunity and threats .4com PLC is a kind of small business. It is a company which provide telecommunicationequipment’s, services and solutions for UK's business sector. According to Sunday times, this isthe 1st ranked company in market of UK. 4Com PLC Company was established in 1999. Manyemployees and clients are working for this company and serves to company's customer. 4comcompany handle 10-million-minute call in a month. This company got 3-star rating in 2013,2014, 2015 and 2016 (Aterido, Hallward-Driemeier and Pagés, 2011). In the mid of first year250 employees worked with this company. In context of 4com PLC SWOT analyse is done forits internal analysis. It is demonstrated as follows: -1
STRENGTHS: -Company's main strength are their customers and their employees 4com PLC company market and share data which help customer to understandfinancial position of the company.Through analytical performance this company give a clear view and theirstrategies to customers (Storey and Greene, 2010).Company rewards their staff with great selection of benefits and shows great placefor work.The main strength of this company is that it continue some part of money fromprofit in welfare of society.culture and values, career opportunity are another strength of 4com plc companyWEAKNESS: -4com PLC uses old technology which is outdated in market. Call quality issues, good communication is another weakness of 4com PLC .OPPORTUNITY: -this business firm can give advertisement of vacancy with the help of its websiteand it will be big opportunity for its business. People love to work here and policies are beneficial for employee..2Illustration 1: SWOT analysis(Source: SWOT Analysis,2017)
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Action plc 4com to support small business enterpriselg...
|18
|5258
|138
Austin Fraser Limited - A SWOT Analysis of the Small Business Enterpriselg...
|14
|5542
|70
Small Business Enterprise Report - 4Com Telecom Companylg...
|19
|5682
|25
Essay on Small Business Enterprise - 4Comlg...
|19
|5833
|32
Small Business Enterprise Analysislg...
|18
|5527
|77
Report On Tate Recruitment - Strength & Weakness Analysislg...
|12
|3585
|78