Swot Analysis of Namal College The First Ten Years 2002 2012 Case Study Help

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Swot Analysis of Namal College The First Ten Years 2002 2012 Case Help

Strengths

Stronger consumption 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 organisation environment: Namal College The First Ten Years 2002 2012 Case Swot Analysis has a high earnings classification and ranks in all aspects of business.

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

Low terrorism and political violence: Namal College The First Ten Years 2002 2012 Case Swot Analysis has a tranquil political environment that most likely draws in investors.

Weaknesses

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

Island size: Business development is restricted since of the minimal size of island.

International orientation: Namal College The First Ten Years 2002 2012 Case Swot Analysis mainly depends upon trade. If any massive ecological change takes place, growth will be subjected.

Government participation: Government intervention might restrict brand-new entrepreneurs to develop their companies.

Opportunities

Land may increase: Namal College The First Ten Years 2002 2012 Case Swot Analysis can have its land increased if the conflict with Malaysia is solved.

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

Tourism nation: Through making adequate investments in the tourist sector, more inflow of profits can be created as a growing number of tourists will be going to the nation.

Threats

Insufficient supply chain: Namal College The First Ten Years 2002 2012 Case Swot Analysis's production primarily depends upon basic material that are imported from other nations. This make them based on importation.

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

Multi lingual country: Namal College The First Ten Years 2002 2012 Case Swot Analysis has 3 languages utilized together at the same time. This can cause issues to respective ethnic groups.

Growth Strategies

The government must promote startup companies and help them preserve their operations by supplying them supervision. In addition, guidelines associated with entrepreneurship should be streamlined so startups owners are motivated to appropriately establish their services. Modularized training classes must be made compulsory on adults so they can acquire ingenious abilities under different qualifications structures.

The working requirements to be done on tariff rates to motivate import export from the locals. The tertiary sector of Namal College The First Ten Years 2002 2012 Case Swot Analysis also needs to link up with abroad partners for further innovation of the center and regional market

Namal College The First Ten Years 2002 2012 Case Swot Analysis is a center of Southeast Asian areas; it must build a structure to more develop the infrastructure. Changi airport can be expanded with a fifth terminal. Freight port can be built in Tuas along with speed rail line in Kuala lumpur. An underground city facilities can likewise be established.

These infrastructural advancements will lead a road towards faster financial growth and will bring in more international companies to setup. Solid infrastructure not just offer the center to operate in however likewise creates task opportunities.

Focus will be made on establishing techniques that help develop new innovations for the business. Tasks of data science and data collection must be promoted. The world is moving towards the period of digitalization. It is considerably important to keep in touch with the technology and establish all the business associated deal with digital platforms. Lower workforce is required when system is digitalized. Accuracy of the work likewise improves.

Rewards must be supplied by the government, to promote start-up development. Research and development strategies must be developed for the startups to enhance their current operations. Workshops and trainings should be offered so start-up owners can have a roadmap to follow.