Swot Analysis of Making Mass Customization Work Case Study Solution

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Swot Analysis of Making Mass Customization Work Case Help

Strengths

Stronger consumption ability: The gross national earnings (GNI) increased to 55790 in 2010 from 32780 in 2001. The GDP also increased from $91148 in 2001 to $208765 in 2010. The GDP development rate is 14.5%.

Pleasant company environment: Making Mass Customization Work Case Swot Analysis has a high earnings category and ranks in all elements of service.

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

Low terrorism and political violence: Making Mass Customization Work Case Swot Analysis has a serene political environment that more than likely attracts investors.

Weaknesses

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

Island size: Organisation advancement is limited because of the minimal size of island.

International orientation: Making Mass Customization Work Case Swot Analysis mainly depends upon trade. If any huge environmental change takes place, growth will be subjected.

Government participation: Federal government intervention may restrict new entrepreneurs to establish their businesses.

Opportunities

Land may increase: Making Mass Customization Work Case Swot Analysis can have its land increased if the disagreement with Malaysia is resolved.

Emerging markets: Business can be broadened in the land by bringing in innovative ideas and items

Tourism nation: Through making enough investments in the tourist sector, more inflow of revenue can be created as increasingly more travelers will be checking out the country.

Threats

Incomplete supply chain: Making Mass Customization Work Case Swot Analysis's production generally depends on basic material that are imported from other countries. This make them dependent on importation.

Increasing sea level: Sometimes of flood, the whole island may perish

Multi linguistic country: Making Mass Customization Work Case Swot Analysis has 3 languages utilized together at the very same time. This can trigger issues to particular ethnic groups.

Growth Strategies

The federal government should promote start-up businesses and assist them maintain their operations by providing them supervision. In addition, policies related to entrepreneurship needs to be streamlined so start-ups owners are motivated to effectively develop their businesses. Modularized training classes must be made mandatory on adults so they can acquire innovative skills under numerous qualifications frameworks.

Making Mass Customization Work Case Swot Analysis requires to deepen its international relations and diversify with other multinational organization. This in turn would promote the trade in between countries leading to more earnings and work. The working needs to be done on tariff rates to encourage import export from the locals. Reinforcing global relationship with Europe and other world would likewise increase job opportunity. The tertiary sector of Making Mass Customization Work Case Swot Analysis also needs to connect with overseas partners for additional development of the hub and regional market

Making Mass Customization Work Case Swot Analysis is a hub of Southeast Asian areas; it must construct a framework to further develop the facilities. An underground city facilities can also be established.

These infrastructural advancements will lead a roadway towards faster financial growth and will bring in more international business to setup. Solid infrastructure not just provide the center to operate in however likewise creates task chances.

Focus will be made on establishing methods that help develop brand-new innovations for the company. Jobs of information science and data collection must be promoted. It is substantially important to keep in touch with the technology and develop all the service associated work on digital platforms.

Incentives should be supplied by the federal government, to promote start-up development. Research and development strategies must be established for the startups to improve their current operations. Workshops and trainings should be offered so startup owners can have a roadmap to follow.