Swot Analysis of Mama Js Marmalade Case Study Solution

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Swot Analysis of Mama Js Marmalade Case Solution

Strengths

Stronger intake 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 growth rate is 14.5%.

Pleasant organisation environment: Mama Js Marmalade Case Swot Analysis has a high income classification and ranks in all aspects of service.

Easy to start business: Laws are relaxed for starting new service.

Low terrorism and political violence: Mama Js Marmalade Case Swot Analysis has a peaceful political environment that most likely brings in investors.

Weaknesses

Closes to BRIC countries: Buyers are influenced by others countries like India and China.

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

Worldwide orientation: Mama Js Marmalade Case Swot Analysis generally depends on trade. If any enormous ecological modification occurs, development will be subjected.

Government involvement: Federal government intervention may limit new entrepreneurs to develop their services.

Opportunities

Land may increase: Mama Js Marmalade Case Swot Analysis can have its land increased if the conflict with Malaysia is fixed.

Emerging markets: Company can be broadened in the land by generating ingenious concepts and items

Tourist nation: Through making sufficient financial investments in the tourist sector, more inflow of revenue can be produced as a growing number of tourists will be visiting the nation.

Threats

Incomplete supply chain: Mama Js Marmalade Case Swot Analysis's production primarily depends upon raw material that are imported from other countries. This make them depending on importation.

Increasing water level: Sometimes of flood, the entire island might die

Multi linguistic nation: Mama Js Marmalade Case Swot Analysis has 3 languages utilized together at the exact same time. This can cause problems to respective ethnic groups.

Growth Strategies

The federal government needs to promote start-up organisations and assist them keep their operations by offering them supervision. In addition, policies associated with entrepreneurship must be simplified so startups owners are motivated to correctly develop their businesses. Modularized training classes must be made compulsory on adults so they can obtain ingenious abilities under numerous qualifications frameworks.

Mama Js Marmalade Case Swot Analysis requires to deepen its worldwide relations and diversify with other international institution. This in turn would promote the trade in between countries leading to more incomes and work. The working needs to be done on tariff rates to encourage import export from the locals. Reinforcing international relationship with Europe and other world would also increase employment opportunities. The tertiary sector of Mama Js Marmalade Case Swot Analysis likewise requires to connect with overseas partners for additional innovation of the hub and local market

Mama Js Marmalade Case Swot Analysis is a hub of Southeast Asian areas; it must construct a framework to additional develop the facilities. Changi airport can be expanded with a 5th terminal. Cargo port can be built in Tuas along with speed rail line in Kuala lumpur. An underground urban facilities can likewise be developed.

These infrastructural advancements will lead a roadway towards faster economic development and will draw in more international business to setup. Strong facilities not only supply the facility to operate in however also develops job opportunities.

Focus shall be made on developing methods that assist establish brand-new innovations for the business. Jobs of information science and data collection need to be promoted. It is significantly crucial to keep in touch with the innovation and develop all the organisation related work on digital platforms.

Rewards should be offered by the federal government, to promote start-up development. Research study and development plans should be developed for the start-ups to improve their present operations. Workshops and trainings should be provided so startup owners can have a roadmap to follow.