Swot Analysis of The National Geographic Society B 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 >> The National Geographic Society B >> Swot Analysis

Swot Analysis of The National Geographic Society B Case Solution

Strengths

More powerful intake ability: The gross national earnings (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 service environment: The National Geographic Society B Case Swot Analysis has a high income category and ranks in all aspects of company.

Easy to start company: Laws are unwinded for starting new company.

Low terrorism and political violence: The National Geographic Society B Case Swot Analysis has a serene political environment that more than likely brings in investors.

Weaknesses

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

Island size: Business advancement is restricted because of the minimal size of island.

International orientation: The National Geographic Society B Case Swot Analysis primarily depends on trade. If any massive environmental modification happens, growth will be subjected.

Government participation: Federal government intervention might restrict new business owners to develop their companies.

Opportunities

Land may increase: The National Geographic Society B Case Swot Analysis can have its land increased if the conflict with Malaysia is resolved.

Emerging markets: Organisation can be broadened in the land by generating innovative concepts and products

Tourism country: Through making adequate financial investments in the tourist sector, more inflow of earnings can be created as a growing number of travelers will be going to the country.

Threats

Insufficient supply chain: The National Geographic Society B Case Swot Analysis's production primarily depends on raw material that are imported from other countries. This make them dependent on importation.

Increasing water level: Sometimes of flood, the entire island might die

Multi lingual country: The National Geographic Society B Case Swot Analysis has 3 languages used together at the exact same time. This can trigger issues to respective ethnic groups.

Growth Strategies

The government must promote start-up services and help them keep their operations by offering them guidance. In addition, guidelines connected to entrepreneurship needs to be streamlined so start-ups owners are encouraged to correctly develop their organisations. Modularized training classes need to be made mandatory on adults so they can obtain ingenious skills under various qualifications structures.

The working needs to be done on tariff rates to encourage import export from the residents. The tertiary sector of The National Geographic Society B Case Swot Analysis also requires to link up with overseas partners for more innovation of the hub and regional market

The National Geographic Society B Case Swot Analysis is a center of Southeast Asian areas; it should construct a structure to additional establish the facilities. An underground metropolitan facilities can likewise be established.

These infrastructural developments will lead a roadway towards faster financial development and will bring in more international companies to setup. Strong infrastructure not only supply the center to operate in however also creates task chances.

Focus shall be made on developing techniques that help develop brand-new innovations for business. Jobs of data science and information collection should be promoted. The world is moving towards the period of digitalization. It is substantially essential to keep in touch with the technology and establish all business related work on digital platforms. Lower workforce is required when system is digitalized. Precision of the work likewise improves.

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