A Case Study of a Telecommunication Company AbstractSWOT analysis is a stratagem employed that businesses utilise to enable them ascertain their vulnerabilities and strong points. It also puts into focus the various opportunities and pressures that may affect the operations of the business. Businesses routinely put into use SWOT analysis to come up with a marketing plan as well as for general business trouble-shooting during the strategic forums (Aithal 2015). SWOT is an abbreviation for strengths weaknesses opportunities and threats. Strengths and weaknesses refer to internal factors such as workforce capital clientele etc. Opportunities and threats are external factors that affect the business entity and these versatility to handle the changing exterior environment. This is in contrast to the Porter’s Five Forces tool that comes into use when a business seeks to analyse the external forces that might affect an industry. These forces are new businesses or products in the industry negotiating power of both the customers and suppliers and the intensity of the competition (Rothaermel 2015). Safaricom should utilize both these tools in order to consolidate its hold on to the market and maximize its profits. Bibliography Aithal P.S. Shailashree V.T. and Kumar P.M. 2015. A new ABCD technique to analyse models & concepts. Rothaermel F.T. 2015. Strategic management. McGraw-Hill Education. [...]
The concept of strategic management: SWOT and apply it to your organisation. This will be a mini-case study. Write 500 words. Discuss about advantages/disadvantages/how it can be used in your organization-how it is better or worse than porter five-how it helps the company...