Question
Please help me to (make) a strategies for the (swot analysis) that can answer this problem: How can the (European Union) sustain (economic cooperation) or
Please help me to (make) a strategies for the (swot analysis) that can answer this problem:
"How can the (European Union) sustain (economic cooperation) or commerce amongst unions of nations without being constrained by (diverse considerations) including (political and sociocultural) (influences?)"
REQUIREMENTS: - 5 (Strength-Opportunities) Strategies - 5 (Strength -Threats) Strategies - 5 (Weaknesses-Opportunities) Strategies - 5 (Weaknesses-Threats) Strategies
SWOT ANALYSIS:
STRENGTHS
S1: (Common currency)- It's simple to compare prices. As a result, businesses may be able to reduce expenses as they will identify the lowest goods more quickly.
S2: (Regional Peace)
S3: (World's biggest single market)- It makes it possible for the majority of commodities, services, money, and people to travel freely throughout most of the continent.
S4: (Citizen's rights) and Protection)
S5: (Free trade)- Due to our trade regime's openness, the EU has emerged as the dominant force in international commerce and continues to be a solid partner.
S6: (Environment)- they develop strictest environmental standards in the world.
WEAKNESSES
W1: (Bureaucracy) - EU takes too long to make decisions and respond to crises.
W2: Widespread of corruption
W3: Lack of (transparency)- not transparent enough about its decision making processes.
W4: High (cost of membership)
W5: (Adoption of Euro)- several countries, like Greece, have experienced major economic difficulties because they use Euro.
W6: (Lack of (unified voice)- The European Union is made up of 28 countries, each with its own goals, interests, and politics. This can make it hard for the EU to show a united front on the international stage, especially when it comes to trade negotiations.
THREATS
T1: (The Greek (debt Crisis). - yung utang ng Greece na naging root cause ng financial crisis naging cause din kase to para maging suspicious ang mga investors sa mga debt ng iba pang kasapi na bansa ng EU
T2: (Lingering History) of Rivalry during World War). - because of the effect ng World War 2 na nag cause ng wide casualties and loss may effect sa relationship between ng bawat kasapi at between sa US at ilang bansa sa Asia gaya ng Japan
T3: (Socio-cultural) and (Political Variation). - although neighboring countries sila magkakaiba pa rin naman ng culture and way ng pamumuno kaya nagiging cause sya ng conflict for example sa Greece acceptable sa kanila yung bribing o panunuhol sa mga political friends
T4: (Emerging Strong) market competitors) - specifically US at China
T5: (Rigid Labor) market (Regulation and Lack of structural reforms globally)- kapag mahigpit ang mga regulations sa global market mas mahirap maka form ng trading transaction sa ibang nation kaya ang nangyayari yung mga pang exports napupunta sa domestic consumption na langs.
OPPORTUNTIES
O1: (Globalization)
02: (Trade (liberization)- To encourage international trade in goods and services, trade restrictions should be removed or lowered.
O3: (Free trade) partnerships- partnerships aimed towards various countries.
O4: (Domestic Businesses)- Some businesses are established in the UK, including Diageo, a massive worldwide beverage conglomerate and producer of Ireland's renowned Guinness beer.
O5: (Business dynamism)- creating the optimal conditions for innovative start-ups to grow and take the lead in creating solutions that correspond to the urgency of the impending challenges.
REQUIREMENTS: - 5 (Strength-Opportunities) Strategies - 5 (Strength -Threats) Strategies - 5 (Weaknesses-Opportunities) Strategies - 5 (Weaknesses-Threats) Strategies
EXAMPLE: W1 & O5 - (Strategy) that should do)
Note: (You) can connect them randomly. And also, (you) can (write) an explanation in each (strategies)
Source:
SWOT ANALYSIS Strengths Weaknesses 1. 1. 2. 3. 3. 4. 4. Opportunities Opportunity-Strength Opportunity- 1. strategies Weakness strategies Use strengths to take Overcome weaknesses by advantage of taking advantage of 3. opportunities opportunities 4. 1. 1. 2. 2. Threats Threat-Strength Threat-Weakness 1. strategies Strategies 2. Use strengths to avoid Minimize weaknesses threats and avoid threats 3. 1. 1. 2. 2Step by Step Solution
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