Swot Analysis of Marriott Corp The Cost Of Capital Case Study Analysis
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Strengths
More powerful consumption ability: The gross national 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 growth rate is 14.5%.
Pleasant business environment: Marriott Corp The Cost Of Capital Case Swot Analysis has a high earnings category and ranks in all elements of organisation.
Easy to begin company: Laws are unwinded for beginning new business.
Low terrorism and political violence: Marriott Corp The Cost Of Capital Case Swot Analysis has a peaceful political environment that more than likely brings in investors.
Weaknesses
Closes to BRIC nations: Purchasers are affected by others nations like India and China.
Island size: Service advancement is restricted since of the limited size of island.
Global orientation: Marriott Corp The Cost Of Capital Case Swot Analysis mainly depends on trade. If any massive environmental change takes place, development will be subjected.
Federal government involvement: Government intervention may restrict brand-new entrepreneurs to establish their services.
Opportunities
Land might increase: Marriott Corp The Cost Of Capital Case Swot Analysis can have its land increased if the disagreement with Malaysia is resolved.
Emerging markets: Company can be broadened in the land by bringing in innovative ideas and items
Tourist country: Through making enough investments in the tourism sector, more inflow of revenue can be created as increasingly more tourists will be checking out the nation.
Threats
Incomplete supply chain: Marriott Corp The Cost Of Capital Case Swot Analysis's production mainly depends upon basic material that are imported from other nations. This make them depending on importation.
Increasing water level: At time of flood, the whole island might perish
Multi lingual country: Marriott Corp The Cost Of Capital Case Swot Analysis has 3 languages used together at the same time. This can cause problems to respective ethnic groups.
Growth Strategies
The federal government should promote startup companies and help them maintain their operations by supplying them supervision. In addition, policies connected to entrepreneurship must be simplified so startups owners are encouraged to correctly develop their businesses. Modularized training classes must be made compulsory on grownups so they can obtain ingenious abilities under different credentials frameworks.
The working needs to be done on tariff rates to motivate import export from the locals. The tertiary sector of Marriott Corp The Cost Of Capital Case Swot Analysis likewise needs to link up with abroad partners for more development of the hub and local market
Marriott Corp The Cost Of Capital Case Swot Analysis is a center of Southeast Asian regions; it needs to construct a framework to further establish the infrastructure. Changi airport can be expanded with a 5th terminal. Cargo port can be built in Tuas together with speed railway in Kuala lumpur. An underground urban facilities can likewise be established.
These infrastructural advancements will lead a roadway towards faster financial development and will attract more international companies to setup. Strong infrastructure not just offer the facility to work in but also develops task chances.
Focus will be made on developing strategies that help develop new technologies for business. Jobs of data science and data collection should be promoted. The world is moving towards the era of digitalization. It is substantially essential to communicate with the innovation and establish all business associated work on digital platforms. Lesser workforce is required when system is digitalized. Accuracy of the work also improves.
Rewards must be provided by the federal government, to promote start-up development. Research and advancement plans need to be established for the startups to enhance their existing operations. Workshops and trainings should be provided so startup owners can have a roadmap to follow.