Question

External SWOT analysis for the dialysis center. Identify the strength, weaknesses, opportunities, threats from external forces. A SWOT worksheet is included in this module. What are the key external forces that impact your employer and how? What does the SWOT analysis reveal concerning your employer’s strength, weakness, opportunities, and threats from external forces? What are some of the conclusions you can make concerning your organization based upon the external environment scan?

Answer 1

SWOT analysis helps firms understand competitive forces and what strategies needs to be implemented.

SwOT analysis of Samsung as an organisation is done below :

Strengths

Global brand image
Economies of scale and cost leadership
Highest patent growth
Innovation and design capability

Weakness

High dependent on OEM
Product cannibalization due to less differentiation
Focus majorly on high prices and premium segment

Opportunity

Tieups with Telecommunications operators for handset SIM selling
Focus on rural markets
Focus on low price segment
Focussing on diversified products like smartwatches, IoT products, Smart sensors, Smart devices

Key external forces impacted here are hypercompetition in certain markets, changing consumers preferences and globak uncertainty as well as modifications in government regulation.

The Above Analysis reveals Samsung needs to diversify into new emerging opportunities and cater to mid segment pricing to be more accessible and affordable.

Based upon environmental scan, Samsung needs to conduct ethical and environmental auditing and strong corporate governance standards to be regarded as global citizens.

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