Question
Please read and try to connect with the response and then continue the conversation to demonstrate insight into the topic, critical and reflective thinking, original
Please read and try to connect with the response and then continue the conversation to demonstrate insight into the topic, critical and reflective thinking, original ideas, and supporting details and examples when appropriate. Responses should be substantive in nature and not simply "I agree" or "good point".
at least two hundred word response to both questions . IN QUESTION FORM (1. ) (2)
1.The biggest threat PPG Industries faces is itself. The company needs to focus more time and attention on expanding as a business. When a company prioritizes expansion over improvement, there is higher. For example, as a business, PPG Industries faced "Declining financial performance" (PPG Industries, Inc. SWOT Analysis2017, p4), which significantly "affects growth and expansion plans"(PPG Industries, Inc. SWOT Analysis2017, p.4). Before a business can grow, it must look at itself and improve fundamentally.
PPG Industries, Inc. SWOT Analysis. (2017).PPG Industries, Inc.SWOT Analysis, 1-8.
ANSWER IN THIS FORMAT . THESE ARE 2 SEPERATE RESPONSES.
2. Strengths
. A wide range of options portfolio
. Financial stability
. A product portfolio tailored to niche markets
. Significant R&D investments to spur innovation
Weaknesses
. An image of a sluggish business
. Economic reliance on the United States and China
Opportunities
. Growth potential in the antimicrobial coatings market
. The cheapest petrochemical products are available
. Creating enablers for the mobility and transportation industries of the future.
Threats
. Multiple lawsuits may reduce profits even more.
. Increased market share is less likely in a highly competitive industry.
Substitute Products or Services Threats
Industry profitability decreases when a new product or service meets comparable client wants in different ways. Services like Dropbox and Google Drive, for example, can be used to replace storage hardware drives. If a substitute product or service offers a value proposition that is significantly different from the industry's current offerings, it poses a significant threat.
Rivalry between Current Competitors
If there is fierce competition among current participants in a sector, prices will fall and the industry's overall profitability will suffer. PPG Industries, Inc. competes in the Specialty Chemicals industry, which is quite competitive. This competition has a negative impact on the organization's overall long-term profitability.
References
PPG Industries, Inc. SWOT Analysis. (2017).PPG Industries, Inc. SWOT Analysis, 1-8.
T. Berry, (2023). "How to Do a SWOT Analysis for Better Strategic Planning" https://www.bplans.com/business-planning/how-to-write/marketing-sales/swot-analysis/
InvestorsObserver Analysts (2023).Is PPG Industries, Inc. (PPG) a Winner in the Specialty Chemicals Industry? https://www.investorsobserver.com/news/stock-update/is-ppg-industries-inc-ppg-a-winner-in-the-specialty-chemicals-industry-2
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