Swot Analysis of Marriott Corp A Case Study Help

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Swot Analysis of Marriott Corp A Case Help

Strengths

Stronger usage capability: 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 growth rate is 14.5%.

Pleasant company environment: Marriott Corp A Case Swot Analysis has a high income classification and ranks in all elements of organisation.

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

Low terrorism and political violence: Marriott Corp A Case Swot Analysis has a tranquil political environment that most likely brings in financiers.

Weaknesses

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

Island size: Business development is limited because of the limited size of island.

International orientation: Marriott Corp A Case Swot Analysis mainly depends upon trade. If any huge environmental modification occurs, growth will be subjected.

Federal government participation: Government intervention might restrict new entrepreneurs to establish their services.

Opportunities

Land may increase: Marriott Corp A Case Swot Analysis can have its land increased if the disagreement with Malaysia is fixed.

Emerging markets: Company can be expanded in the land by bringing in ingenious concepts and products

Tourist country: Through making adequate investments in the tourism sector, more inflow of revenue can be produced as a growing number of tourists will be checking out the country.

Threats

Incomplete supply chain: Marriott Corp A Case Swot Analysis's production mainly depends upon raw material that are imported from other countries. This make them based on importation.

Rising water level: At time of flood, the entire island might die

Multi lingual country: Marriott Corp A Case Swot Analysis has actually 3 languages used together at the same time. This can cause problems to respective ethnic groups.

Growth Strategies

The government needs to promote startup businesses and assist them maintain their operations by supplying them guidance. In addition, guidelines related to entrepreneurship must be streamlined so start-ups owners are encouraged to properly develop their businesses. Modularized training classes need to be made obligatory on grownups so they can acquire ingenious skills under various credentials frameworks.

Marriott Corp A Case Swot Analysis needs to deepen its global relations and diversify with other multinational institution. This in turn would promote the trade in between nations resulting in more revenues and employment. The working needs to be done on tariff rates to encourage import export from the locals. Enhancing worldwide relationship with Europe and other world would also increase employment opportunities. The tertiary sector of Marriott Corp A Case Swot Analysis likewise requires to connect with abroad partners for more development of the hub and regional market

Marriott Corp A Case Swot Analysis is a hub of Southeast Asian areas; it should build a structure to further establish the facilities. An underground city 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 infrastructure not just offer the facility to operate in but likewise develops job opportunities.

Focus will be made on developing techniques that help establish brand-new innovations for the business. Jobs of data science and data collection must be promoted. The world is moving towards the era of digitalization. It is considerably essential to communicate with the innovation and develop all business related work on digital platforms. Lower workforce is required when system is digitalized. Accuracy of the work also improves.

Rewards should be offered by the government, to promote start-up growth. Research study and advancement strategies should be established for the startups to improve their existing operations. Workshops and trainings should be provided so start-up owners can have a roadmap to follow.