Swot Analysis of Ecomotors International Case Study Analysis

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Swot Analysis of Ecomotors International Case Solution

Strengths

Stronger usage ability: The gross national income (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 organisation environment: Ecomotors International Case Swot Analysis has a high income classification and ranks in all elements of service.

Easy to begin organisation: Laws are unwinded for starting brand-new service.

Low terrorism and political violence: Ecomotors International Case Swot Analysis has a serene political environment that most likely attracts financiers.

Weaknesses

Closes to BRIC countries: Purchasers are affected by others countries like India and China.

Island size: Company advancement is restricted since of the limited size of island.

Global orientation: Ecomotors International Case Swot Analysis mainly depends on trade. If any huge environmental modification happens, growth will be subjected.

Federal government participation: Federal government intervention may restrict new business owners to establish their businesses.

Opportunities

Land may increase: Ecomotors International Case Swot Analysis can have its land increased if the disagreement with Malaysia is solved.

Emerging markets: Service can be expanded in the land by bringing in ingenious ideas and items

Tourism nation: Through making adequate investments in the tourist sector, more inflow of earnings can be created as more and more tourists will be going to the country.

Threats

Incomplete supply chain: Ecomotors International Case Swot Analysis's production primarily depends upon basic material that are imported from other countries. This make them dependent on importation.

Rising water level: At time of flood, the whole island might perish

Multi lingual country: Ecomotors International Case Swot Analysis has 3 languages used together at the exact same time. This can trigger problems to respective ethnic groups.

Growth Strategies

The federal government should promote start-up companies and help them preserve their operations by supplying them guidance. In addition, regulations related to entrepreneurship needs to be simplified so start-ups owners are motivated to properly develop their services. Modularized training classes should be made obligatory on grownups so they can acquire ingenious abilities under different credentials frameworks.

Ecomotors International Case Swot Analysis needs to deepen its international relations and diversify with other multinational organization. This in turn would promote the trade in between countries leading to more incomes and employment. The working needs to be done on tariff rates to motivate import export from the locals. Enhancing international relationship with Europe and other world would also increase job opportunity. The tertiary sector of Ecomotors International Case Swot Analysis likewise requires to link up with overseas partners for additional development of the hub and local market

Ecomotors International Case Swot Analysis is a center of Southeast Asian areas; it must build a framework to more establish the facilities. Changi airport can be expanded with a fifth terminal. Cargo port can be constructed in Tuas along with speed railway in Kuala lumpur. An underground metropolitan infrastructure can also be developed.

These infrastructural developments will lead a road towards faster economic development and will bring in more international companies to setup. Strong infrastructure not just provide the facility to operate in however also develops job chances.

Focus shall be made on establishing methods that assist develop new innovations for the business. Jobs of data science and data collection need to be promoted. The world is moving towards the era of digitalization. It is substantially essential to keep in touch with the technology and establish all the business associated deal with digital platforms. Lower manpower is required when system is digitalized. Accuracy of the work likewise improves.

Incentives should be supplied by the government, to promote start-up growth. Research study and development strategies should be established for the start-ups to enhance their existing operations. Workshops and trainings need to be provided so startup owners can have a roadmap to follow.