p.5
Threats in the Business Environment
What criticism has McDonald's faced regarding its marketing practices?
Criticism from parent advocate groups for marketing towards children, seen as marginally ethical.
How can a strong brand name benefit a firm?
It contributes to a competitive advantage.
p.5
Threats in the Business Environment
What vulnerability do Johnson and Johnson's new products face?
Uncertainty of regulatory review.
What is an example of exclusive access that can be a strength?
Access to high-grade natural resources.
How does Amazon utilize its strengths?
Through Customer Relationship Management (CRM) and Information Technology (IT) support.
p.4
Weaknesses and Limitations
What disadvantage does Tata Motors Limited face in the passenger car market?
Their products are based on 3rd and 4th generation platforms.
p.4
Weaknesses and Limitations
What caused DreamWorks' stock price to fall?
Lower than expected box office revenue for 'How to Train Your Dragon'.
What is Starbucks known for?
New product development and creativity.
p.3
Internal vs External Factors
Who are the stakeholders in Bharti Airtel?
Sony-Ericsson, Nokia, and Sing Tel.
What advantage does Williams-Sonoma have?
An extensive store network that caters to varied consumer needs.
p.4
Opportunities for Growth
What can external environmental analysis reveal for companies?
New opportunities for profit and growth.
p.4
Opportunities for Growth
What opportunity does eBay have in emerging markets?
Opportunities in countries such as China and India.
p.1
Threats in the Business Environment
What are threats in the context of SWOT analysis?
External elements that could cause trouble for the business or project.
p.1
Matching and Converting Strategies
What is the matching strategy in SWOT analysis?
Finding competitive advantages by matching strengths to opportunities.
p.3
Weaknesses and Limitations
What is considered a weakness for a company?
The absence of certain strengths, such as lack of patent protection or a weak brand name.
p.5
Threats in the Business Environment
How has the uncertain economy affected Home Depot?
It has prompted them to reconsider expansion plans.
What are a firm's strengths?
Resources and capabilities that can be used to develop a competitive advantage.
p.5
Threats in the Business Environment
What challenge does IBM face regarding its supply chain?
Very few suppliers, limiting negotiation options.
What advantage does a good reputation among customers provide?
It enhances customer loyalty and trust.
p.5
Threats in the Business Environment
What is a significant threat to ITC?
Competition from both domestic and international markets.
How does favorable access to distribution networks serve a firm?
It enhances market reach and efficiency.
What is a notable strength of Toys 'R' Us?
Having over 1500 superstores in the United States and worldwide.
p.3
Opportunities for Growth
What recent expansion has Wal-Mart experienced?
Global expansion, including the purchase of ASDA in the UK.
p.1
Matching and Converting Strategies
When should the objective of a business venture be set in relation to SWOT analysis?
After the SWOT analysis has been performed.
What are strengths in the context of SWOT analysis?
Characteristics of the business or project team that provide an advantage over others.
p.1
Weaknesses and Limitations
What are weaknesses in SWOT analysis?
Characteristics that place the team at a disadvantage relative to others.
p.1
Opportunities for Growth
What do opportunities represent in SWOT analysis?
External chances to improve performance in the environment.
p.4
Opportunities for Growth
How does Smith and Wesson diversify its brand?
By licensing its name to makers of apparel, watches, and more.
p.4
Opportunities for Growth
What marketing strategy could Sandals use to reach their target market?
Promote their resorts at Bridal and Child/Baby Expos in major cities.
p.4
Opportunities for Growth
What advantage does Fox Entertainment have in the television market?
They are well positioned to capitalize on the shift to digital television.
p.4
Opportunities for Growth
What major investments is PepsiCo making in Asia?
$1,000 million in China and $500 million in India.
p.4
Opportunities for Growth
Where does General Electric generate more than half of its revenues?
From outside the United States.
p.3
Examples of Weaknesses in Companies
Why has Crayola struggled to achieve high market share?
They are primarily known for children's art products, which limits their appeal to art professionals.
p.3
Threats in the Business Environment
How might a slumping US economy affect Time Warner?
It may negatively impact demand for their products and services.
p.4
Opportunities for Growth
What strategy could Nestlé use to promote its products?
Open Nestlé Café's in major cities.
p.5
Threats in the Business Environment
What are some external threats that may affect a firm?
Shifts in consumer tastes, emergence of substitute products, new regulations, and increased trade barriers.
p.5
Threats in the Business Environment
Who are the top competitors for Molson Coors?
Asahi, Carlsberg, Heineken, Kirin, and Tsingtao.
p.5
Threats in the Business Environment
What risk do customers of Infosys face?
They may switch to other offshore service companies in countries like China or Korea.
p.5
Threats in the Business Environment
What cultural issue may affect Trojan's birth control methods?
Religious, cultural, and social restrictions among certain groups.
What is the significance of brand in business?
Brand is all-important for establishing a company's identity and market presence.
p.1
SWOT Analysis Overview
What does SWOT stand for?
Strengths, Weaknesses, Opportunities, and Threats.
p.1
SWOT Analysis Overview
What is the purpose of a SWOT analysis?
To evaluate the internal and external factors affecting a business venture or project.
p.3
Examples of Strengths in Companies
What is Ben and Jerry's known for?
Social responsibility and environmentalism.
p.4
Weaknesses and Limitations
What dependency does EA Games have regarding its software?
It is dependent upon platforms created by other companies.
p.4
Weaknesses and Limitations
What issue does Sony face with its production facilities?
They are located far from its customer base.
p.3
Examples of Strengths in Companies
What market share does Burger King hold in the US?
15%, making it second only to McDonald's.
p.3
Opportunities for Growth
What has been the revenue growth trend for Whole Foods?
25 years of double-digit revenue growth.
What advantage does Carnival Cruises have over competitors?
Significant cost advantages due to its large size.
p.1
Internal vs External Factors
What factors can be considered internal in a SWOT analysis?
Personnel, finance, manufacturing capabilities, and the 4P's.
p.1
Internal vs External Factors
What external factors can influence a SWOT analysis?
Macroeconomic matters, technological change, legislation, and socio-cultural changes.
p.4
Opportunities for Growth
What positive prospects does General Motors have?
Business opportunities in China and India.
p.4
Opportunities for Growth
What opportunities does product development offer Nike?
Many opportunities, as the brand is fiercely defended by its owners.
p.3
Weaknesses and Limitations
What is Dell's primary focus?
Dell is a computer maker, not a compute manufacturer.
p.1
Matching and Converting Strategies
What does the converting strategy aim to do in SWOT analysis?
To convert weaknesses or threats into strengths or opportunities.
p.3
Weaknesses and Limitations
How can a large manufacturing capacity be a weakness?
It may prevent a firm from reacting quickly to changes in the strategic environment.
p.3
Examples of Weaknesses in Companies
What is a weakness of China Mobile?
It is not globally diversified.
p.3
Weaknesses and Limitations
What operational challenge does Toyota face?
It needs to keep producing cars to retain operational efficiency.
p.4
Opportunities for Growth
What demand is likely to create opportunities for HP?
The increasing demand for cloud computing.
