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DiversifiedParrot

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swot analysis business analysis market analysis strategic planning

Summary

This document is a SWOT analysis for a meat processing business. It analyzes the business' strengths, weaknesses, opportunities, and threats, considering resources, environmental factors, and personal values. The analysis includes a resource analysis, environmental analysis, and considerations on personal values, such as high quality/high price, to support the planning of the business.

Full Transcript

SWOT ANALYSIS What is SWOT ANALYSIS? The firm’s STRENGTH The firm’s WEAKNESS OPPORTUNITY THREAT Purpose of SWOT Analysis STRENGTH and WEAKNESS RESOURCE ANALYSIS RESOURCES STRENGTHS MONEY WEAKNESSES The proponent has P100,000 to invest in the business but needs another P150,000 t...

SWOT ANALYSIS What is SWOT ANALYSIS? The firm’s STRENGTH The firm’s WEAKNESS OPPORTUNITY THREAT Purpose of SWOT Analysis STRENGTH and WEAKNESS RESOURCE ANALYSIS RESOURCES STRENGTHS MONEY WEAKNESSES The proponent has P100,000 to invest in the business but needs another P150,000 to start the business. MATERIALS The proponent has contacts with Hog Raiders Association that can supply the raw materials MACHINES The equipment for making processed meat are top of the line. METHODS The method for making processed meat are available MANPOWER There is a need to hire skilled and diligent workers MANAGEMENT The owner and other members of the management team have the training and education to manage the meat processing business MOMENT (TIME) The company is dedicated to work full time in making processed meat OPPORTUNITIES and THREATS ENVIRONMENTAL ANALYSIS SOCIOCULTURAL Environment TECHNOLOGICAL and TECHNICAL Environment ECONOMIC Environment NATURAL Environment POLITICAL Environment DEMOGRAPHIC Environment FACTORS SOCIO-CULTURAL TECHNOLOGICAL and TECHNICAL OPPORTUNITIES THREATS People have developed the habit of eating in fast-food Health-conscious people may not restaurants. Many of these establishments serve ham and choose to eat ham, and other processed bacon and other processed meat. meat suspected to have “high cholesterol” content. The new technology can cure ham and bacon in three days. ECONOMIC The purchasing power of the population has lowered because of the peso devaluation and high cost of oil, thus reducing the number of people wo buy ham and bacon. NATURAL Hoof and mouth disease can threaten the supply of raw materials. POLITICAL The government is providing assistance to MSME’s. The company may be able to avail of this assistance in the form of financing, technical, and marketing. DEMOGRAPHIC The population is increasing. More people mean more consumers who need food. Political instability is affecting the economy. PERSONAL VALUES ANALYSIS HIGH QUALITY HIGH PRICE HIGH QUALITY MEDIUM PRICE HIGH QUALITY LOW PRICE MEDIUM QUALITY HIGH PRICE MEDIUM QUALITY MEDIUM PRICE MEDIUM QUALITY LOW PRICE LOW QUALITY HIGH PRICE LOW QUALITY MEDIUM PRICE LOW QUALITY LOW PRICE SUMMARY RESOURCE ANALYSIS ENVIRONMENTAL ANALYSIS PERSONAL VALUES ANALYSIS STRENGTHS and WEAKNESSES OPPORTUNITIES and THREATS PHILOSOPHY, GUIDING PRINCIPLES, and ASPIRATIONS

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