Swot Analysis of Quaker Steel And Alloy Corp 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 >> Quaker Steel And Alloy Corp >> Swot Analysis

Swot Analysis of Quaker Steel And Alloy Corp Case Help

Strengths

Stronger consumption capability: The gross nationwide 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: Quaker Steel And Alloy Corp Case Swot Analysis has a high income category and ranks in all elements of business.

Easy to begin organisation: Regulations are unwinded for beginning brand-new company.

Low terrorism and political violence: Quaker Steel And Alloy Corp Case Swot Analysis has a peaceful political environment that probably draws in investors.

Weaknesses

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

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

International orientation: Quaker Steel And Alloy Corp Case Swot Analysis mainly depends on trade. If any massive environmental modification occurs, growth will be subjected.

Government participation: Government intervention may limit new business owners to develop their companies.

Opportunities

Land may increase: Quaker Steel And Alloy Corp Case Swot Analysis can have its land increased if the conflict with Malaysia is fixed.

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

Tourist nation: Through making enough investments in the tourism sector, more inflow of revenue can be created as increasingly more travelers will be checking out the nation.

Threats

Insufficient supply chain: Quaker Steel And Alloy Corp Case Swot Analysis's production mainly depends on basic 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 lingual nation: Quaker Steel And Alloy Corp Case Swot Analysis has 3 languages used together at the very same time. This can cause problems to respective ethnic groups.

Growth Strategies

The government needs to promote start-up companies and help them maintain their operations by providing them supervision. In addition, regulations associated with entrepreneurship needs to be streamlined so startups owners are encouraged to correctly develop their organisations. Modularized training classes must be made obligatory on adults so they can get innovative abilities under various certifications frameworks.

The working requirements to be done on tariff rates to encourage import export from the locals. The tertiary sector of Quaker Steel And Alloy Corp Case Swot Analysis likewise requires to connect up with overseas partners for additional development of the center and local market

Quaker Steel And Alloy Corp Case Swot Analysis is a center of Southeast Asian regions; it should construct a structure to additional establish the facilities. An underground urban infrastructure can likewise be developed.

These infrastructural advancements will lead a roadway towards faster economic development and will bring in more international companies to setup. Strong facilities not just supply the center to work in however also produces job chances.

Focus shall be made on establishing methods that help establish brand-new technologies for the business. Jobs of information science and data collection must be promoted. The world is moving towards the period of digitalization. It is significantly important to keep in touch with the technology and establish all business associated deal with digital platforms. Lower manpower is needed when system is digitalized. Accuracy of the work likewise improves.

Incentives need to be provided by the federal government, to promote start-up development. Research and advancement strategies need to be established for the startups to improve their current operations. Workshops and trainings need to be supplied so start-up owners can have a roadmap to follow.