Swot Analysis of Harvest City The Intelligent Procurement System Project Case Study Solution

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Swot Analysis of Harvest City The Intelligent Procurement System Project Case Analysis

Strengths

Stronger intake capability: The gross nationwide earnings (GNI) increased to 55790 in 2010 from 32780 in 2001. The GDP likewise increased from $91148 in 2001 to $208765 in 2010. The GDP development rate is 14.5%.

Pleasant service environment: Harvest City The Intelligent Procurement System Project Case Swot Analysis has a high earnings classification and ranks in all elements of company.

Easy to start service: Regulations are unwinded for beginning brand-new company.

Low terrorism and political violence: Harvest City The Intelligent Procurement System Project Case Swot Analysis has a peaceful political environment that most likely draws in financiers.

Weaknesses

Near to BRIC countries: Buyers are affected by others nations like India and China.

Island size: Company development is restricted due to the fact that of the restricted size of island.

Worldwide orientation: Harvest City The Intelligent Procurement System Project Case Swot Analysis generally depends on trade. If any massive environmental modification occurs, growth will be subjected.

Government participation: Government intervention might restrict brand-new entrepreneurs to establish their businesses.

Opportunities

Land may increase: Harvest City The Intelligent Procurement System Project Case Swot Analysis can have its land increased if the dispute with Malaysia is fixed.

Emerging markets: Organisation can be expanded in the land by bringing in ingenious concepts and items

Tourist nation: Through making adequate financial investments in the tourist sector, more inflow of earnings can be created as a growing number of travelers will be going to the nation.

Threats

Insufficient supply chain: Harvest City The Intelligent Procurement System Project Case Swot Analysis's production mainly depends upon basic material that are imported from other countries. This make them dependent on importation.

Increasing sea level: At time of flood, the whole island might die

Multi lingual nation: Harvest City The Intelligent Procurement System Project Case Swot Analysis has actually 3 languages used together at the same time. This can cause problems to particular ethnic groups.

Growth Strategies

The government needs to promote startup organisations and help them maintain their operations by offering them guidance. In addition, policies related to entrepreneurship should be streamlined so startups owners are encouraged to correctly establish their services. Modularized training classes need to be made obligatory on grownups so they can acquire ingenious abilities under numerous qualifications frameworks.

Harvest City The Intelligent Procurement System Project Case Swot Analysis requires to deepen its international relations and diversify with other international institution. This in turn would promote the trade in between countries leading to more earnings and employment. The working needs to be done on tariff rates to encourage import export from the residents. Enhancing global relationship with Europe and other world would also increase job opportunity. The tertiary sector of Harvest City The Intelligent Procurement System Project Case Swot Analysis also requires to link up with overseas partners for further development of the hub and regional market

Harvest City The Intelligent Procurement System Project Case Swot Analysis is a hub of Southeast Asian areas; it must construct a structure to additional develop the facilities. An underground metropolitan facilities can likewise be developed.

These infrastructural advancements will lead a road towards faster economic growth and will bring in more international companies to setup. Strong facilities not only offer the facility to operate in however also develops job opportunities.

Focus will be made on developing techniques that help develop brand-new technologies for business. Tasks of data science and information collection need to be promoted. The world is moving towards the age of digitalization. It is substantially important to correspond with the innovation and establish all the business related deal with digital platforms. Lesser workforce is required when system is digitalized. Precision of the work also improves.

Rewards need to be offered by the government, to promote start-up development. Research and advancement strategies must be developed for the start-ups to improve their present operations. Workshops and trainings should be supplied so start-up owners can have a roadmap to follow.