Relaince swot analysis essay the supply of new products is not regular thus leading to high and low swings in the sales number over period of time. New customers from online channel — Over the past few years the company has invested vast sum of money into the online platform.
Strong distribution network — Over the years Reliance Industries has built a reliable distribution network that can reach majority of its potential market. The current asset ratio and liquid asset ratios suggest that the company can use the cash more efficiently than what it is doing at present.
Given the scale of Relaince swot analysis essay and different geographies the company is planning to expand into, Reliance Industries needs to put more money in technology to integrate the processes across the board.
The marketing of the products left a lot to be desired.
The matrix is only a starting point for a discussion on how proposed strategies could be implemented. Successful track record of developing new products — product innovation. Growing strengths of local distributors also presents a threat in some markets as the competition is paying higher margins to the local distributors.
Economic uptick and increase in customer spending, after years of recession and slow growth rate in the industry, is an opportunity for Reliance Industries to capture new customers and increase its market share. Limited success outside core business — Even though Reliance Industries is one of the leading organizations in its industry it has faced challenges in moving to other product segments with its present culture.
Chandler, Strategy and Structure Cambridge, Mass.: A comparative example could be - GE healthcare research helped it in developing better Oil drilling machines. Note that many of the SWOT questions are also talking points for other headings — use them as you find most helpful, and make up your own to suit the issue being analyzed.
SWOT analysis may lead the firm to overemphasize a single internal or external factor in formulating strategies. With more cash in bank the company can invest in new technologies as well as in new products segments. Free Press, A.
This is one of the major limitations of SWOT analysis. The marketing of the products left a lot to be desired. It is important to clearly identify the subject of a SWOT analysis, because a SWOT analysis is a perspective of one thing, be it a company, a product, a proposition, and idea, a method, or option, etc.
The company has not being able to tackle the challenges present by the new entrants in the segment and has lost small market share in the niche categories. Opportunities for Reliance Industries — External Strategic Factors The new technology provides an opportunity to Reliance Industries to practices differentiated pricing strategy in the new market.
Automation of activities brought consistency of quality to Reliance Industries products and has enabled the company to scale up and scale down based on the demand conditions in the market. Days inventory is high compare to the competitors — making the company raise more capital to invest in the channel.
They have provided affordable handsets to Indian users. Even though the product is a success in terms of sale but its positioning and unique selling proposition is not clearly defined which can lead to the attacks in this segment from the competitors. MIT Press, O.
Opening up of new markets because of government agreement — the adoption of new technology standard and government free trade agreement has provided Reliance Industries an opportunity to enter a new emerging market.
GSM is not a new technology. Chandler, Strategy and Structure Cambridge, Mass.: For example changing environmental regulations can be both a threat to company it can also be an opportunity in a sense that it will enable the company to be on a level playing field or at advantage to competitors if it able to develop the products faster than the competitors.
New technologies developed by the competitor or market disruptor could be a serious threat to the industry in medium to long term future. Certain capabilities or factors of an organization can be both a strength and weakness at the same time.
The current network expansion undertaken by Reliance is the largest wireless network expansion undertaken by any operator across the world.
Strong distribution network — Over the years Reliance Industries has built a reliable distribution network that can reach majority of its potential market. New customers from online channel — Over the past few years the company has invested vast sum of money into the online platform.
No regular supply of innovative products — Over the years the company has developed numerous products but those are often response to the development by other players. Changing consumer buying behavior from online channel could be a threat to the existing physical infrastructure driven supply chain model.
Good Returns on Capital Expenditure — Reliance Industries is relatively successful at execution of new projects and generated good returns on capital expenditure by building new revenue streams.
SWOT does not show how to achieve a competitive advantage, so it must not be an end in itself. MIT Press, O. New environmental policies — The new opportunities will create a level playing field for all the players in the industry. Right now the investment in technologies is not at par with the vision of the company.
Limitation of Weighted SWOT analysis of Reliance Industries This approach also suffers from one major drawback - it focus on individual importance of factor rather than how they are collectively important and impact the business holistically.Business Essays, Term Papers & Research Papers.
SWOT analysis is a vital strategic planning tool that can be used by Reliance Steel & Aluminum Co. managers to do a situational analysis of the company.
Essay on Swot Analysis. Mashell Chapeyama University of the People Swot analysis for Chipinge Banana Company Swot analysis is an environmental scanning tool.
It is widely used in the world of business in analyzing some factors that have a great bearing on the company’s drive to achieve its mission.
Swot Analysis: Strategy Planning Words | 4 Pages. Strategy Planning SWOT analysis is a strategy used to make sure one has considered every angle of a business venture.
It causes one to consider strengths, weaknesses, and opportunities of your business. SWOT Analysis SinceSWOT has been the most effectively used analysis method of any company.
It helps the company managers to analyze, access and evaluate the pros and cons of. Strategy Planning SWOT analysis is a strategy used to make sure one has considered every angle of a business venture.
It causes one to consider strengths, weaknesses, and opportunities of your business. Swot Analysis Of Reliance Fresh Essays and Term Papers.
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