Swot Analysis of Colonial Downs B Case Study Help

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Swot Analysis of Colonial Downs B Case Analysis

Strengths

Stronger usage 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 organisation environment: Colonial Downs B Case Swot Analysis has a high earnings classification and ranks in all aspects of service.

Easy to begin company: Laws are unwinded for starting new organisation.

Low terrorism and political violence: Colonial Downs B Case Swot Analysis has a serene political environment that probably brings in investors.

Weaknesses

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

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

International orientation: Colonial Downs B Case Swot Analysis generally depends upon trade. If any huge environmental modification happens, development will be subjected.

Government participation: Government intervention may restrict new entrepreneurs to establish their companies.

Opportunities

Land may increase: Colonial Downs B Case Swot Analysis can have its land increased if the dispute with Malaysia is resolved.

Emerging markets: Organisation can be expanded in the land by generating ingenious ideas and products

Tourism nation: Through making enough investments in the tourism sector, more inflow of profits can be produced as increasingly more tourists will be going to the country.

Threats

Insufficient supply chain: Colonial Downs B Case Swot Analysis's production primarily depends upon basic material that are imported from other countries. This make them based on importation.

Rising water level: Sometimes of flood, the whole island may die

Multi lingual country: Colonial Downs B Case Swot Analysis has 3 languages used together at the exact same time. This can cause issues to respective ethnic groups.

Growth Strategies

The government must promote start-up businesses and assist them maintain their operations by providing them guidance. In addition, guidelines related to entrepreneurship must be simplified so start-ups owners are encouraged to properly develop their businesses. Modularized training classes must be made required on adults so they can get innovative skills under various credentials frameworks.

The working requirements to be done on tariff rates to motivate import export from the locals. The tertiary sector of Colonial Downs B Case Swot Analysis likewise needs to connect up with overseas partners for further innovation of the hub and local market

Colonial Downs B Case Swot Analysis is a hub of Southeast Asian regions; it must construct a framework to more develop the infrastructure. Changi airport can be broadened with a fifth terminal. Freight port can be constructed in Tuas in addition to speed railway in Kuala lumpur. An underground urban facilities can also be established.

These infrastructural developments will lead a roadway towards faster economic development and will bring in more international business to setup. Solid infrastructure not just offer the facility to work in but also produces job opportunities.

Focus will be made on developing techniques that help establish brand-new innovations for the business. Projects of information science and data collection must be promoted. The world is moving towards the period of digitalization. It is significantly essential to keep in touch with the technology and establish all the business associated deal with digital platforms. Lesser manpower is needed when system is digitalized. Accuracy of the work also enhances.

Rewards must be provided by the federal government, to promote start-up development. Research study and advancement strategies should be developed for the start-ups to enhance their existing operations. Workshops and trainings must be supplied so startup owners can have a roadmap to follow.