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Pages:
2 pages/β‰ˆ550 words
Sources:
2 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:

S.W.O.T. Analysis, Ford, General Motors (GM) and Toyota

Essay Instructions:

Download and analyze the SWOT analysis of Fictional Auto Company. {see blow}
In a minimum of 500 words, describe how Fictional Auto Company can utilize this information to its benefit. Include how Fictional Auto Company can turn its weaknesses and threats into strengths and opportunities.
The requirements below must be met for your paper to be accepted and graded:
Write between 500 – 750 words (approximately 2 – 3 pages) using Microsoft Word.
Attempt APA style, see example below.
Use font size 12 and 1” margins.
Include cover page and reference page.
At least 60% of your paper must be original content/writing.
No more than 40% of your content/information may come from references.
Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must be identified in the paper and listed on a reference page.
Reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) must come from sources such as, scholarly journals found in EBSCOhost, online newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable.
SWOT analysis of Fictional Auto Company.
Strengths—Internal characteristics that give the company an advantage over its competitors.
• Long, successful history, nearly 100 years
• Reputation for value (quality for the price)
• 20,000 associates strong
• 30% increase in revenues
• Ability to target markets
Opportunities—External characteristics; ways to expand or improve the company.
• Aggressive marketing
• Aggressive financing
• Aggressive trade-in policy
• Aggressive extended warranty
• High tech, eco-friendly market segment
• Staff development program
• Dealership scorecards
Weaknesses—Internal characteristics that give the competition an advantage over the company.
• 40% turnover rate among associates
• Bailout damaged brand image
• Low customer satisfaction rating
• Franchise structure (failed dealerships)
Threats—External characteristics; forces that may have a negative effect on the company.
• Aggressive competitors (Ford, GM, Toyota)
• Government regulations and fines
Week 3 Assignment: SWOT Analysis for Fictional Car Company
Bottom line, for an organization to realize long-term success, it has to take advantage of their internal strengths and improve upon their weaknesses, while at the same time move on any external opportunities it might have and protect itself against any threats.
Assignment: Analyze the SWOT analysis of Fictional Auto Company. Next, in a minimum of 500 words, describe how Fictional Auto Company can utilize this information to its benefit. Include how Fictional Auto Company can turn its weakness and threats into strengths and opportunities.

Essay Sample Content Preview:
        SWOT Analysis Name Institution Date               There has been increase in revenue in the past year and as the company has been in existence for more than 100 years it is well known. This is a competitive advantage as the company will target new markets and can introduce new brands to increase the portfolio. The name recognition means that the company’s products are likely to be well received. As there are over 20,000 strong associates the vast network of dealers and distributions makes it easier to distribute the car through associates. Some of the associates have been authorized to deal with the accessories, services and repairs of the company’s vehicles. A network of associates is crucial to the growth of the company as this strengthens the company’s position where the associates are located close to the customers There is a need to address the weaknesses as the competitors have a competitive advantage. There is a 40% turnover rate for the associates and this directly impacts the company’s ability to operate efficiently. The bailout has affected the brand’s image, and efforts will be made to improve product quality and market the company’s products to improve consumer confidence and trust. Similarly, lower customer ratings have been associated with declining sales and likely to affect future sales. There are also failed relationships with dealers potentially affecting the company’s operations in the short-term and long-term as the dealers link the company with other firms. To address the issue there is a need to cultivate stronger relationships with dealers who have already shown commitment to working with the company. This is necessary to avoid disrupting the supply chain and sales. The aggressive financing, marketing and trade-in policy will impact the company’s growth potentia...
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