What is competitive advantage of swot analysis

Assignment Help HR Management
Reference no: EM131347443 , Length: word count:800

Primary Task Response: Within the Discussion Board area, write 600-800 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

As you review the analysis conducted by Mike and Tiffany, you notice the area of competition is missing from the reports. Thinking about your project management training, you update the project schedule to include activities related to identifying competitors.

You talk with Mike and Tiffany at lunch. "You've done some great research and brought up some good ideas to implement in the presentation," you say. "There is one element that we are missing."

"One of the most important aspects of the strategy: our competitors," Tiffany states.
"I've already done some analysis, and there are many in the global market. It seems like there are several office furniture companies thriving, but not as many custom furniture manufacturers," Mike elaborates.

"Well, we need to provide the board with some solid competitors. I'll work on finding our top two," you say. Complete the following:

Who are your top 2 global competitors in the market?

Provide a strengths, weaknesses, opportunities, and threats (SWOT) analysis for each competitor.

Why are they direct competitors?

What is their competitive advantage?

Could you form a cooperative strategy with any of the competitors?
If so, how?
If not, why?

What strategies could you use to build a competitive market profile?

Reference no: EM131347443

Questions Cloud

Find the deflection of the free end of the upper beam : The flexural rigidities of both cantilevers are EI. If the entice structure undergoes an additional temperature change of 2 ΔT, find the deflection of the free end of the upper beam.
Evaluate stress gradient in beam before and after release : The free end of the beam is displaced upward by 10 μ m during the release process. If Young ' s modulus of the beam material is 120 GPa, evaluate the stress gradient in the beam before and after release.
Why do you think these are the best ways to analyze market : As you close your weekly meeting with Deborah, she says, "There are some very good ideas here. I would like to see you continue with a global marketing plan. We need more concrete analysis and data for the presentation. Get your team to work."Afte..
Describe the ancient greek competitive character : Describe the ancient Greek competitive character, and compare the ancient Olympics (as a festival featuring athletics) to the Olympics today, identifying any major differences.
What is competitive advantage of swot analysis : Primary Task Response: Within the Discussion Board area, write a respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use ex..
Distinct characteristics of postmodern theatre : what you see is based on the angle of approach. Can provide you with a deep and complex, but ultimately incomplete view of the whole.
Find the strain at the sensor site as a function : A beam at a sensor site (Fig. P10.1 ) is subjected to a bending moment M . Find the strain at the sensor site as a function of material properties and geometry
Create an accurate and vivid verbal picture of an object : Create an accurate and vivid verbal picture of an object, feature, event, person,or image. This approach answers questions of who, what, and where. Explain features such as its size, shape, color, composition, age, condition, and spatial organizat..
Describe the impact of groups on organizational behavior : Describe the impact of groups and teams on organizational behavior.

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd