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Smart SWOT Analysis

Paper type: Analysis
Pages: 2 (281 words)
Categories: Innovation, Swot Analysis, Technology
Downloads: 36
Views: 242

Smart Communications, Inc. has exceptional items from its rivals; they can charge greater prices for their products due to the fact that consumers can’t get those products somewhere else. Innovation likewise plays a terrific role as one of Smart Communications, Inc.’s strengths; it allows Smart Communications to much better meet the requirements of their clients in ways that rivals can’t imitate, and last but not least, the “devoted” users, when provided a choice, clients are “devoted” to Smart communications.

Rather of targeting all clients, Smart communications just needs to target new clients in order to grow their organisation. It is one a telecommunication business that supplies cordless services in the Philippines. It likewise runs as a subsidiary of Philippine Cross country Telephone Business.

Costing appeared as one of Smart Communications, Inc.’s weaknesses, we can’t deny that Smart Communications’ costs are high in comparison to their competitors; and their Costumer Service, this affects Smart Communication’s reputation and causes customers to flee to competitors, who are more respondent.

Developing markets and product innovation will enable Smart to expand and diversify their portfolio of products and services. Through expansion, Smart Communications can develop new opportunities and increase their sales. And with the availability of new services, it will be easy for Smart Communication to better meet their customer’s needs.

When it comes to threats, extreme competition can lower Smart Communications’ profits, because competitors can tempt consumers away with superior products. The availability of substitute products troubles Smart communications’ ability to raise prices, because customers can easily switch to another product or service. Lastly, the government can increase Smart communications’ risk factors, because they can quickly change business rules that negatively affect Smart communications’ business.

Cite this essay

Smart SWOT Analysis. (2016, Sep 10). Retrieved from https://studymoose.com/smart-swot-analysis-essay

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