Swot Analysis of Geo Tech Case Study Analysis

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Strengths

Stronger intake capability: The gross national income (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 business environment: Geo Tech Case Swot Analysis has a high income category and ranks in all aspects of company.

Easy to begin company: Laws are relaxed for beginning brand-new business.

Low terrorism and political violence: Geo Tech Case Swot Analysis has a tranquil political environment that most likely draws in financiers.

Weaknesses

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

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

International orientation: Geo Tech Case Swot Analysis primarily depends upon trade. If any enormous ecological modification occurs, growth will be subjected.

Federal government participation: Federal government intervention may limit new entrepreneurs to develop their services.

Opportunities

Swot AnalysisLand might increase: Geo Tech Case Swot Analysis can have its land increased if the dispute with Malaysia is solved.

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

Tourist nation: Through making sufficient investments in the tourism sector, more inflow of revenue can be generated as more and more travelers will be going to the country.

Threats

Insufficient supply chain: Geo Tech Case Swot Analysis's production generally depends upon raw material that are imported from other nations. This make them based on importation.

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

Multi lingual country: Geo Tech Case Swot Analysis has 3 languages used together at the exact same time. This can cause problems to respective ethnic groups.

Growth Strategies

The government must promote start-up services and assist them preserve their operations by supplying them supervision. In addition, regulations associated with entrepreneurship must be simplified so startups owners are motivated to properly develop their companies. Modularized training classes need to be made required on grownups so they can acquire innovative skills under different certifications structures.

Geo Tech Case Swot Analysis needs to deepen its international relations and diversify with other multinational organization. This in turn would promote the trade in between nations leading to more profits and employment. The working requirements to be done on tariff rates to encourage import export from the locals. Reinforcing global relationship with Europe and other world would also increase employment opportunities. The tertiary sector of Geo Tech Case Swot Analysis likewise requires to connect with abroad partners for additional innovation of the center and local market

Geo Tech Case Swot Analysis is a center of Southeast Asian regions; it must construct a structure to more develop the infrastructure. An underground urban facilities can likewise be developed.

These infrastructural advancements will lead a roadway towards faster financial growth and will attract more multinational business to setup. Strong facilities not only offer the center to work in but also creates job opportunities.

Focus will be made on establishing techniques that assist establish new technologies for the organisation. Projects of information science and data collection should be promoted. It is considerably important to keep in touch with the innovation and develop all the business related work on digital platforms.

Incentives need to be offered by the federal government, to promote start-up development. Research and advancement plans need to be developed for the start-ups to enhance their existing operations. Workshops and trainings need to be provided so startup owners can have a roadmap to follow.