Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … Corporation-SWOT Analysis
The potential success of a company especially in the introduction of a new product can be evaluated using SWOT strategic tool. In any analysis, the investor often seeks to understand the true status of the organization by identifying the favorable and unfavorable conditions influence its success prospects in the industry (Jones, 2013). The first item of assessment under this is the strengths of the organization. Here, all those positive endowments that an organization has are described and linked to the success of the organization. For instance, PolyOne Corporation may use its existing strength of strong market leadership to influence the performance of the larger plastic pipes for plumbing that will be introduced. The analysis of the weaknesses and opportunities at PolyOne Corporation are also considered here because they influence investor confidence and its competitive advantage. Finally, the analysis deals with the threats that the company will face as it ventures into this new frontier because many of its clients and even other plays may not take it positively when it will be introduced. SWOT analysis is a mandatory assessment tool that is useful at all times in the management of any organization.
Strengths
PolyOne Corporation thrives on the strength that it has an assortment of highly skilled workers. From its great capacity in the industry, most of the skilled workers available chose to work here due to the vast exposure that comes with it...
The company also has the advantage of large-scale production. Due to this, it can have economies of scale related to it. Another strength that the company has is related to the brand name of its products. Over time, the corporation has been able to build a formidable brand within itself. This came from the long-term and steady production of high-quality products and offering services that are of unrivaled quality. This has made the organization stand tall among the many competitors. The rivalry in the industry has been reduced and managed well under the presence of this regime.
Weakness
Just like any other organization, PolyOne Corporation has its share of weaknesses. One weakness that the corporation has its inability to manage the international frontiers well. The company has not managed to set up highly competitive branches on the international stage that can make it comfortably wage a sufficient competition against the local companies in those countries that produce the same products. Besides, the company has not set up a good reward system in its human resource management agenda. From its employee behavior, it is clear that they are somehow dissatisfied. Although the company offers a good pay package to its employees, they still make to quit the company. The labor turnover at this company has been on then rises. One of the weaknesses on this includes poor communication between the managers and the employees. There seems to be a cold relationship between the management…
References
Jones, A. (2013). SWOT analysis: A tool for making better business decisions. Washington, D.C.: U.S. Dept. Of Agriculture, Risk Management Agency
Garcia, R. (2014). Creating and Marketing New Products and Services. New York: CRC Press
http://www.polyone.com/en-us/Pages/default.aspx
New Deal Philosophy and economy of new Deal The government of the United States became greatly involved in economic issues after the stock market had crashed in 1929. This crash visited most serious economic dislocation on America's economy. It lasted 1929-1940. This prompted President Franklin D. Roosevelt to launch the New Deal to alleviate the emergency. Very important legislations were and institutions were set up during the New Deal Era. These legislations
New Deal The Great Crash of 1929 and the Depression that followed paved the way to the American Presidency for Franklin D. Roosevelt, who won the elections in 1932 pledging "...to a new deal for the American people" 1. The Deal's application began in March 1933 and consisted of a series of banking reforms, work relief programs, emergency relief programs and agricultural programs. The Agricultural Adjustment Act (AAA) was drafted in 1933
New Deal Politically-motived objections to President Roosevelt's "New Deal" would long outlive FDR himself. In 2003, when Nobel Prize-winning economist Paul Krugman was looking for a term to describe the ideologically-driven motivations of President George W. Bush and his administration, the phrase he selected was "the great unraveling" -- Krugman's image saw Roosevelt's New Deal programs (above all Social Security) as having become the very fabric of the society in which
New Deal Repercussions for America's Public And Private Sectors Indisputably, the Great Depression, which began with October 29, 1929 stock market crash and created a need for the subsequent extensive New Deal legislation of the 1930's, changed America's public and private sectors, and American citizens' expectations of their government, for the rest of the 20th century and beyond. Thus New Deal legislation and programs greatly altered the existing relationship between American
The American government has since steered clear of measures like price regulations and has instead promoted a model that trusts the elasticity of the market. However, New Deal measures like unemployment insurance and social security have remained in place. World War Two, rather than any direct effects of the New Deal, helped stimulate the American economy. Since the Reagan administration, the American government has followed a trajectory nearly opposite to
New Deal Program The Great Depression hit America in ways that affected everyone, from the richest of the country's society, to the poorest of the urban and rural inhabitants. The stock market crashing left many rich society folk with no wealth, the farmers found themselves without any consumers to buy their overabundance of too-expensive products, and the urban families found themselves precariously scrounging for means of survival, oftentimes going hungry for