Select a fortune 500 companies and make a SWOT Chart. List the references used.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Select a fortune 500 companies and make a SWOT Chart. List the references used.
Expert Solution
Step 1
SOLUTION:
SWOT study of one of the Fortune 500 firms, Apple Inc.
Apple Inc.'s SWOT analysis.
Strengths:
- Strong brand reputation and image.
- Products that are very inventive and cutting edge in technology.
- A wide range of products, including services, Wearables technology, laptops, tablets, and smartphones.
- Robust distribution channels and presence online.
- Dependable financial results and substantial profit margins.
Weaknesses:
- High costs for goods.
- A predisposition to rely on a small number of goods and services.
- A small share of the market for various product categories, such personal computers.
- Heavy reliance on supply chains and manufacturing in China.
- Few product customization possibilities.
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