SWOT Analysis and E-commerce | Assignment
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Added on 2020-04-01
SWOT Analysis and E-commerce | Assignment
Added on 2020-04-01
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Running Head: SWOT ANALYSIS AND E-COMMERCESWOT Analysis and E-commerceNameAffiliationDate
SWOT ANALYSIS AND E-COMMERCE 2TASK A.SWOT Analysis Organization: Modern Real Estate Company Date:28/9/ 2017Description ofcurrent/newICT service:Adoption of ICT in spotting images and aerial photographs.STRENGTHSi.Modern Real Estate Company is thelargest company in its area of operation. When it comes to this industry the organization has been able to dominant in both the assets base as well as chains of operation. ii.The company has its services available in different locations globally. Due to the aspect of presence in the industry the company has diversified on various products therefore they have variousproducts which they have been able to market internationally. iii.The company enjoys the availabilityof reliable asset including the machines owned and land bank. WEAKNESSESi.Lack of adequate market transparency. ii.The company does not comply with international companies towards the maintenance of the required standards and strategic goals.iii.Time management challenges between the employees. This is an issue which has impacted the organization especially on the time management where employees are not able to handle their duties based on the timeline allocated. iv.Inability to move hand in hand with emerging trends in technology advancement. This is a challenge which has been exhibited in the organization as they do not have the necessary expertise to offer advice in relation to the emerging trends. Moreover, when
SWOT ANALYSIS AND E-COMMERCE 3Over the years the company has invested in the real estate and has gotten return which has made them to acquire more assets such as the land. iv.Availability of prime location of construction projects. The company has been able to buy various properties which have made it to acquire properties in different placesthat are strategic. v.Availability of skilled workers and experienced management within the organization. As a market leader the organization has been able to tap thebest talent in the market and they have been able to recruit individuals from various diverse field who have contributed to its growth.vi.Incorporation of modern technology in all its operations. The company has been able to incorporate technology aspect to enhance its implementing this technologies there is need tocarryout research to enable the organization to fully understand them. v.Inability to maintain experienced workers due to improved offers from competitors. The rival firms are stealing the talents in this organization since they offer higher packages. Additionally, some of the workers are not royalto the organization therefore they end up goingto where the offer is better.
SWOT ANALYSIS AND E-COMMERCE 4growth.OPPORTUNITIESi.FIFA world cup will have a positive effect on the company since the construction new apartments and existing of the existing.ii.The existence of the current modern technology construction machines inthe organization.iii.Presence of political stability in many operating countries and improved levels of economy.iv.Existing high-end apartment sales.v.Geographical expansion. The company could venture to other markets which are not tapped, and this would help increase of their presence. THREATSi.Fluctuation of real estate prices. In the market there has been issues in regards to the fluctuation in the prices where the forces of demand and supply have impacted this. ii.An unexpected delay in completion of projects.Some of the projects such as construction one have had delays due to various constraints suchas funding.iii.The rapid advancement of technology leading to quick outdating of assets. Currently, there have been advancement of technology which has impacted the sector to a great deal. The organization are implementing on these technology and if they do not the one they havebecome obsolete as there is stiff competition. iv.Unhealthy competition in the real estate market. There have stiff competition in the industry and each company is offering new deals which another may not be in a position tooffer.
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