The strengths are interrelated with external macro factors previously discussed as Tesco needs to measure and analyse their success as it will help them grow and make the right choice when going into a new direction (Tesco SWOT Analysis - September 2015, 2016). We also conducted the internal and external analysis to find out the strengths and weaknesses of the company. Explain how strengths and weaknesses interrelate with external macro factors Micro as well macro factors of environment are connected with strength as well weakness of organization. Identify the positive and negative impacts the macro environment has upon business operations, supported by specific examples from the case study. Explain connection of Tesco's strengths and weaknesses with macro environmental factors. This may help the company in strategic decision making, considering the internal weaknesses and external threats exposed to the company. Explain how these strengths and weaknesses interrelate with the external macro factors. Assessment Type - Individual Assignment . The internal analysis of your organization should include its culture, expertise, resources, and unique qualities within the market place. I had compared two fairly different types of museums, Art and Science Museums, to see wh Whereas, SWOT (Strengths, weaknesses, opportunities and threat) analysis is carried out environment so that threat and opportunities can be turned into their benefits (Aithal, 2016). A sudden change in environmental factors affects the decisions taken by management. Background Wm Morrison was founded in 1899 by William Morrison, an egg and butter merchant. (M&S) has different operations around the world due to which there is a great chance of getting affected by various factors of external environment or macro- environment like Political, Economical, Social, Technological, etc. A SWOT analysis is designed to facilitate a realistic, fact-based, data-driven look at the strengths and weaknesses of an organization. Explain how strengths and weaknesses interrelate with external macro factors. Debt obligations at the end of 2018 totaled $31.1 billion. Although very competitive and it requires a huge investment to start. Conduct internal and external analysis of specific organisations in order to identify strengths and weaknesses. P6 Explain how strengths and weaknesses interrelate with external macro factors. Identify the positive and negative impacts the macro environment has upon business operations, supported by specific examples. LO3. The external threats and factors that influence the business expansion are also covered using the TOWS analysis. Conclusion. Table 4: SWOT analysis Marks and Spencer (Source: Created by the learner) P6: Explain how strengths and weaknesses interrelate with external macro factors for the chosen organization. 6. Proper analysis of these two factors gives different kind achievement to the business. All these are interrelated to the macro factors. Social Factors: Social and cultural factors includes values, beliefs and attitudes of the customers. Finally, conclusion and references will be written. Internal and External Strengths and Weaknesses of Coca-Cola A company like Coca-Cola has many internal and external strengths, but when launching a product of this sort, they begin to run into many internal and external weaknesses as well. Strengths are defined as what each business does best in its gamut of operations which can give it an upper hand over its competitors. Objective of the report, provided an insight into the external factors that influence to Dilmah Ceylon tea company. P4: Identify the positive and negative impact the macro environment has upon the business operations, supported by specific examples for the chosen organization. Threats: External factors putting Tesco at a disadvantage. 2018). The success of Samsung has been highly attributed to its internal strengths. The following book is an actual assignment specimen developed by GMT that will guide you through the whole assignment process for successfully achieving the subject in HND level 5 Business and Business Environment. P4 Identify the positive and negative impacts the macro environment has upon business operations, supported by specific examples. This report will cover the strengths and weakness of entity are interrelated to firm's macro factors. Economic factor includes economic growth, interest rates, exchange rates, inflation, and disposal income of consumers and so on. Modern technology of business production contributes to improve about quality of goods, services, increase productivity. After carefully studying the swot analysis of the food and beverage industry, we conclude that the food and beverage industry is a very profitable business. In order to achieve PASS in this task, you must answer the following: 2.1 Conduct internal and external analysis of your selected organisation in order to identify its strengths and weaknesses ( P5). P5 Conduct internal and external analysis of specific organisations in order to identify strengths and weaknesses. P6 Explain how strengths and weaknesses interrelate with external macro factors. Secondly determine the internal strengths and weakness of specific businesses and explain their interrelationship with external macro factors will be discussed. The strengths and weakness of business organisation are combined together with macro and micro environment factors the management look at the strengths of the company as an overcoming macro environment factors as and then formed strategic both the operational . Strengths of the organization can be included as large market share, excellent customer service, Personal relationships with consumers, Strong employee attitudes, High integrity, low-cost manufacturing, Leadership in product innovation, Highly efficiency and so on. LO 4. M4 Apply appropriately SWOT/ TOWS analysis and justify how they influence decision making. P5: Conduct an internal and external analysis of specific organizations in order to identify strengths and weaknesses for the chosen organization. (P6) Task guidance: Both the internal weakness and strengths of any organization could be ideally determined through the help of either the TOWS matrix or SWOT. Vodafone is a communications technology company, connecting over 650 million people, and organizations of all sizes, to the digital ecosystem. LO4 Determine the internal strengths and weaknesses of specific businesses and explain their interrelationship with external macro factors. (choose one company to perform from the previous question ) 3 Example. The SWOT analysis tool is employed to assess the internal and external factors and . LO3. Theory of SWOT Swot analysis is a simple and widely used analysis tool to assess business environment. PART 1 (Covering LO1 and LO2): The team leader for this publication has tasked you to research the different types and sizes of businesses in their jurisdiction. It is an important technique to understand the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Vodafone Group Plc is facing in its current business environment. Therefore, the . As far as internal strengths go, Coca-Cola itself is a strong company to say the least. The Internal Analysis of strengths and weaknesses focuses on internal factors that give an organization certain advantages and disadvantages in meeting the needs of its target market. . According to Peng (2008), some of the strengths of Samsung include research and development, innovation, turnaround strategy, emerging global brand, new products each year and customization. P6 Strengths and weakness which interrelate with the external factors. The Strengths-Weaknesses-Opportunities-Threats (SWOT) Analysis / Matrix enables the managers . ATENTION: Please, be aware that using the full content or part of the content of this assignment/book will result in plagiarism and it will be reflected in your submission. The weaknesses of the company are few. The process involves identifying the strengths and weaknesses of the organization, and opportunities and threats present in the . It is vital for company to enhance their . Identify the positive and negative impacts the macro environment has upon business operations, supported by specific examples from the case study. The company aims at enhancing the future through technology and connectivity, hence improving millions of lives. Explain how . Weaknesses: Problems within Tesco holding it back. Strengths in the SWOT analysis of BP. The brand is present in nearly every part of the world and enjoys a very high degree of popularity. . Strength and weaknesses of the business organisation are related with macro and micro environment factors. Guidelines: Here you need to talk about how organizations can use internal strengths and weaknesses to exploit external opportunities and eliminate external threats. P5. The strengths also provide strategies to eliminate the threats. Definition of SWOT Analysis. ATENTION: Please, be aware that using the full content or part of the content of this assignment/book will result in plagiarism and it will be reflected in your submission. Opportunities: Situations Tesco could leverage to progress. Weaknesses The weaknesses are the areas in a company that can be improved. Explain how these strengths and weaknesses interrelate with the external macro factors. (P5) Explain how strengths and weaknesses interrelate with external macro factors. Now, it is one of the largest supermarket chains in the UK, offering a vide range of goods including other brands and own label products. (P4) Conduct internal and external analysis of H&M in order to identify strengths and weaknesses. Samsung SWOT Analysis & Recommendations. Assessment Type - Individual Assignment Word Limit: 1000 Max. PESTLE is much more specific and is primarily focused on factors external to your organisation and happening in the wider world. Select which competitors to attack or avoid. Management compares strength of the company with macro environment factors like economic, political, technology, social and cultural. The SWOT analysis is a business analysis technique that your organization can perform for each of its products, services, and markets when deciding on the best way to achieve future growth. Conduct internal and external analysis of specific organisations to identify strengths and weaknesses. P5 Conduct internal and external analysis of specific organisations in order to identify strengths and weaknesses. Introduction A business including a firm, a company, or an enterprise is an organizational entity which involves the provision of services to the consumers. It leads to a 2X2 matrix - also called SWOT Matrix. P5: Conduct an internal and external analysis of specific organizations in order to identify strengths and weaknesses for the chosen organization. In the macro environment analysis, we have found some key external factors that directly bring position and negative effects to the airline industry and so to the Ryanair Company. (P5) Explain how strengths and weaknesses interrelate with external macro factors. M4 Apply appropriately SWOT/TOWS analysis and justify how they influence decision-making. the internal factors include plans and policies, human resources, financial resources, etc. By considering all these factors helps in enhancing strength of the firm.