Question
Need help in rewriting this in my own words please Current Situation SWOT analysis or the SWOT matrix is an analysis system designed to check
Need help in rewriting this in my own words please
Current Situation
SWOT analysis or the SWOT matrix is an analysis system designed to check the strategic
position of a company in its sector or industry. The purpose of the SWOT matrix is to examine
the external and internal environments of an organization by identifying and analyzing the
strengths and weaknesses of the company, and the opportunities and threats to which a firm is exposed. To understand the current situation of Andrews Company, the SWOT analysis was
performed to analyze its strengths, weaknesses, opportunities, and threats.
Andrews' Strengths
The first aspect of the SWOT matrix identifies the strengths, enabling Andrews Company
to overcome its weakness, take advantage of available opportunities, and withstand threats in its
field of operation. The strengths are internal factors explicit to the conditions in the business
organization. In the case of Andrews, the following were the most notable strengths: high-profit
margins, effective and rapid innovation processes, large market share, effective product portfolio,
and high production capability.
Andrews is a resilient and valuable brand in its market. This company can, therefore,
introduce new commodities that are profitable through virtue of a strong brand reputation in the
marketplace. Andrews also has a large market share in the industry it is operating, implying that
other companies find it complicated to compete with it.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started