Swot Analysis of Freedom Technology Services Case Study Solution

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Swot Analysis of Freedom Technology Services Case Solution

Strengths

Stronger usage ability: The gross national 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 company environment: Freedom Technology Services Case Swot Analysis has a high earnings classification and ranks in all elements of service.

Easy to begin organisation: Regulations are relaxed for starting brand-new service.

Low terrorism and political violence: Freedom Technology Services Case Swot Analysis has a tranquil political environment that most likely brings in financiers.

Weaknesses

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

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

Worldwide orientation: Freedom Technology Services Case Swot Analysis generally depends on trade. If any enormous ecological modification occurs, development will be subjected.

Government involvement: Government intervention may restrict new entrepreneurs to develop their businesses.

Opportunities

Land may increase: Freedom Technology Services Case Swot Analysis can have its land increased if the dispute with Malaysia is fixed.

Emerging markets: Business can be expanded in the land by generating innovative concepts and products

Tourism country: Through making sufficient investments in the tourism sector, more inflow of profits can be created as a growing number of travelers will be checking out the country.

Threats

Incomplete supply chain: Freedom Technology Services Case Swot Analysis's production mainly depends upon raw material that are imported from other countries. This make them based on importation.

Rising sea level: At time of flood, the whole island may perish

Multi lingual country: Freedom Technology Services Case Swot Analysis has 3 languages utilized together at the exact same time. This can trigger issues to respective ethnic groups.

Growth Strategies

The federal government must promote startup organisations and help them preserve their operations by supplying them guidance. In addition, regulations associated with entrepreneurship should be simplified so start-ups owners are encouraged to appropriately establish their businesses. Modularized training classes need to be made required on grownups so they can get ingenious skills under numerous qualifications structures.

The working requirements to be done on tariff rates to encourage import export from the residents. The tertiary sector of Freedom Technology Services Case Swot Analysis likewise needs to link up with abroad partners for further development of the center and regional market

Freedom Technology Services Case Swot Analysis is a center of Southeast Asian regions; it must build a structure to further establish the infrastructure. Changi airport can be broadened with a fifth terminal. Cargo port can be constructed in Tuas along with speed railway in Kuala lumpur. An underground metropolitan infrastructure can also be established.

These infrastructural advancements will lead a road towards faster financial growth and will draw in more international companies to setup. Solid facilities not just offer the center to operate in but also produces job opportunities.

Focus will be made on developing methods that help establish brand-new innovations for the organisation. Jobs of information science and information collection must be promoted. It is significantly important to keep in touch with the technology and establish all the organisation related work on digital platforms.

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