homework 3

Principles of Business Management

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Week 3 Assignment

  • S.W.O.T. Analysis
  • 1. Review the SWOT analysis for the Fictional Auto Company.
    2. 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:

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    • Write between 500 – 750 words (approximately 2 – 3 pages) using Microsoft Word.
    • Use APA style.
    • 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 for 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

      S.W.O.T. Analysis

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