Swot Analysis of Primus Automation Division 2002 Case Study Solution

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Swot Analysis of Primus Automation Division 2002 Case Solution

Strengths

More powerful usage ability: The gross national income (GNI) increased to 55790 in 2010 from 32780 in 2001. The GDP likewise increased from $91148 in 2001 to $208765 in 2010. The GDP development rate is 14.5%.

Pleasant business environment: Primus Automation Division 2002 Case Swot Analysis has a high earnings classification and ranks in all aspects of company.

Easy to begin business: Regulations are unwinded for starting brand-new organisation.

Low terrorism and political violence: Primus Automation Division 2002 Case Swot Analysis has a serene political environment that more than likely draws in financiers.

Weaknesses

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

Island size: Service advancement is restricted since of the limited size of island.

International orientation: Primus Automation Division 2002 Case Swot Analysis mainly depends upon trade. If any enormous ecological change happens, growth will be subjected.

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

Opportunities

Land may increase: Primus Automation Division 2002 Case Swot Analysis can have its land increased if the dispute with Malaysia is resolved.

Emerging markets: Company can be broadened in the land by bringing in innovative concepts and products

Tourism nation: Through making adequate investments in the tourist sector, more inflow of profits can be created as increasingly more travelers will be checking out the nation.

Threats

Insufficient supply chain: Primus Automation Division 2002 Case Swot Analysis's production primarily depends upon raw material that are imported from other countries. This make them dependent on importation.

Increasing sea level: Sometimes of flood, the entire island may die

Multi linguistic nation: Primus Automation Division 2002 Case Swot Analysis has 3 languages utilized together at the exact same time. This can trigger problems to respective ethnic groups.

Growth Strategies

The government needs to promote start-up companies and assist them preserve their operations by supplying them supervision. In addition, regulations associated with entrepreneurship must be streamlined so start-ups owners are motivated to effectively establish their businesses. Modularized training classes must be made obligatory on adults so they can acquire innovative abilities under numerous credentials structures.

Primus Automation Division 2002 Case Swot Analysis needs to deepen its international relations and diversify with other international organization. This in turn would promote the trade in between countries leading to more profits and employment. The working requirements to be done on tariff rates to encourage import export from the locals. Strengthening global relationship with Europe and other world would also increase job opportunity. The tertiary sector of Primus Automation Division 2002 Case Swot Analysis also requires to connect with overseas partners for additional development of the center and local market

Primus Automation Division 2002 Case Swot Analysis is a center of Southeast Asian areas; it needs to construct a structure to more develop 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 facilities can also be developed.

These infrastructural advancements will lead a road towards faster economic development and will attract more international business to setup. Solid facilities not just supply the facility to work in however likewise produces job chances.

Focus shall be made on developing techniques that assist establish new innovations for the business. Jobs of information science and information collection need to be promoted. It is significantly essential to keep in touch with the technology and establish all the business associated work on digital platforms.

Rewards need to be provided by the federal government, to promote start-up development. Research study and advancement plans should be developed for the startups to improve their present operations. Workshops and trainings need to be supplied so startup owners can have a roadmap to follow.