Swot Analysis of The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Study Solution

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Swot Analysis of The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Analysis

Strengths

Stronger consumption capability: 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 service environment: The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis has a high income category and ranks in all elements of organisation.

Easy to start service: Laws are relaxed for starting new business.

Low terrorism and political violence: The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis has a serene political environment that most likely brings in financiers.

Weaknesses

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

Island size: Company advancement is limited because of the restricted size of island.

Global orientation: The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis primarily depends upon trade. If any huge ecological change occurs, development will be subjected.

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

Opportunities

Land might increase: The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis can have its land increased if the disagreement with Malaysia is fixed.

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

Tourist country: Through making enough financial investments in the tourist sector, more inflow of revenue can be generated as more and more tourists will be visiting the country.

Threats

Incomplete supply chain: The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis's production primarily depends on raw material that are imported from other countries. This make them dependent on importation.

Increasing water level: At time of flood, the entire island might perish

Multi linguistic nation: The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis has actually 3 languages utilized together at the exact same time. This can cause problems to particular ethnic groups.

Growth Strategies

The government must promote start-up organisations and help them keep their operations by offering them supervision. In addition, regulations associated with entrepreneurship needs to be streamlined so startups owners are encouraged to properly establish their services. Modularized training classes must be made obligatory on grownups so they can obtain ingenious skills under various credentials frameworks.

The working needs to be done on tariff rates to motivate import export from the residents. The tertiary sector of The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis also requires to connect up with overseas partners for additional development of the hub and regional market

The Marriott Corporation Human Resources Department A Managing A Low Wage Work Force Case Swot Analysis is a hub of Southeast Asian regions; it should construct a framework to more establish the facilities. Changi airport can be broadened with a 5th terminal. Freight port can be constructed in Tuas along with speed rail line in Kuala lumpur. An underground city facilities can likewise be established.

These infrastructural developments will lead a roadway towards faster economic growth and will draw in more multinational companies to setup. Strong infrastructure not just supply the center to work in but also produces job opportunities.

Focus will be made on establishing methods that help develop new innovations for the business. Jobs of information science and information collection must be promoted. The world is moving towards the period of digitalization. It is significantly crucial to communicate with the innovation and develop all business related work on digital platforms. Lower workforce is required when system is digitalized. Precision of the work also improves.

Rewards must be supplied by the federal government, to promote start-up growth. Research and development plans should be established for the startups to improve their present operations. Workshops and trainings should be supplied so start-up owners can have a roadmap to follow.