Swot Analysis of Circus Oz Case Study Analysis

Disclaimer: This page contains sample case solution for formatting purposes only and is not the actual case solution of the said case. To get the actual case solution; order on website or contact live chat support.

Home >> Ivey >> Circus Oz >> Swot Analysis

Swot Analysis of Circus Oz Case Solution

Strengths

More powerful intake ability: The gross nationwide income (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: Circus Oz Case Swot Analysis has a high earnings category and ranks in all aspects of company.

Easy to start business: Regulations are relaxed for beginning brand-new company.

Low terrorism and political violence: Circus Oz Case Swot Analysis has a tranquil political environment that more than likely attracts investors.

Weaknesses

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

Island size: Organisation advancement is limited due to the fact that of the minimal size of island.

International orientation: Circus Oz Case Swot Analysis primarily depends on trade. If any enormous ecological modification happens, growth will be subjected.

Federal government involvement: Government intervention might limit brand-new entrepreneurs to establish their services.

Opportunities

Land might increase: Circus Oz Case Swot Analysis can have its land increased if the disagreement with Malaysia is solved.

Emerging markets: Service can be broadened in the land by bringing in innovative concepts and products

Tourist country: Through making enough financial investments in the tourism sector, more inflow of profits can be produced as a growing number of tourists will be visiting the nation.

Threats

Incomplete supply chain: Circus Oz Case Swot Analysis's production primarily depends on raw material that are imported from other countries. This make them based on importation.

Rising water level: Sometimes of flood, the entire island may perish

Multi linguistic nation: Circus Oz Case Swot Analysis has actually 3 languages used together at the very same time. This can cause problems to respective ethnic groups.

Growth Strategies

The federal government needs to promote startup services and help them maintain their operations by offering them supervision. In addition, guidelines connected to entrepreneurship needs to be streamlined so startups owners are encouraged to properly establish their services. Modularized training classes should be made mandatory on adults so they can obtain ingenious skills under various certifications frameworks.

The working requirements to be done on tariff rates to motivate import export from the residents. The tertiary sector of Circus Oz Case Swot Analysis likewise requires to connect up with overseas partners for additional development of the center and local market

Circus Oz Case Swot Analysis is a center of Southeast Asian areas; it ought to build a framework to additional develop the infrastructure. Changi airport can be expanded with a 5th terminal. Freight port can be constructed in Tuas together with speed railway in Kuala lumpur. An underground city infrastructure can also be established.

These infrastructural advancements will lead a road towards faster economic growth and will draw in more international companies to setup. Solid infrastructure not just provide the center to operate in but likewise creates job opportunities.

Focus shall be made on establishing methods that help establish new innovations for business. Jobs of data science and data collection should be promoted. The world is moving towards the era of digitalization. It is significantly important to stay connected with the innovation and establish all business associated deal with digital platforms. Lower manpower is needed when system is digitalized. Precision of the work also improves.

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