Swot Analysis of Harris Corporation Financial Benchmarking Case Study Help

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 >> Kelloggs >> Harris Corporation Financial Benchmarking >> Swot Analysis

Swot Analysis of Harris Corporation Financial Benchmarking Case Solution

Strengths

Stronger consumption capability: 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 company environment: Harris Corporation Financial Benchmarking Case Swot Analysis has a high income category and ranks in all elements of service.

Easy to start company: Regulations are relaxed for beginning brand-new organisation.

Low terrorism and political violence: Harris Corporation Financial Benchmarking Case Swot Analysis has a peaceful political environment that more than likely attracts investors.

Weaknesses

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

Island size: Business development is restricted due to the fact that of the limited size of island.

Worldwide orientation: Harris Corporation Financial Benchmarking Case Swot Analysis generally depends upon trade. If any massive ecological modification takes place, growth will be subjected.

Government participation: Federal government intervention might limit brand-new business owners to establish their organisations.

Opportunities

Land might increase: Harris Corporation Financial Benchmarking Case Swot Analysis can have its land increased if the conflict with Malaysia is solved.

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

Tourist country: Through making sufficient investments in the tourist sector, more inflow of profits can be created as more and more travelers will be visiting the country.

Threats

Incomplete supply chain: Harris Corporation Financial Benchmarking Case Swot Analysis's production mainly depends upon basic material that are imported from other nations. This make them based on importation.

Rising sea level: Sometimes of flood, the entire island may perish

Multi lingual nation: Harris Corporation Financial Benchmarking 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 startup organisations and help them maintain their operations by supplying them guidance. In addition, policies associated with entrepreneurship must be simplified so start-ups owners are encouraged to properly develop their services. Modularized training classes should be made compulsory on grownups so they can acquire innovative skills under different certifications structures.

The working requirements to be done on tariff rates to encourage import export from the locals. The tertiary sector of Harris Corporation Financial Benchmarking Case Swot Analysis likewise needs to link up with abroad partners for more development of the hub and regional market

Harris Corporation Financial Benchmarking Case Swot Analysis is a hub of Southeast Asian areas; it must build a structure to additional develop the facilities. An underground metropolitan infrastructure can likewise be developed.

These infrastructural advancements will lead a roadway towards faster financial development and will draw in more international business to setup. Solid facilities not only provide the center to operate in but also produces task opportunities.

Focus will be made on establishing methods that help develop brand-new innovations for the business. Projects of information science and information collection must be promoted. The world is moving towards the age of digitalization. It is significantly important to keep in touch with the technology and develop all business associated work on digital platforms. Lesser manpower is needed when system is digitalized. Precision of the work also improves.

Rewards must be provided by the government, to promote start-up development. Research study and development strategies need to be developed for the startups to enhance their current operations. Workshops and trainings must be offered so start-up owners can have a roadmap to follow.