Wednesday, February 12, 2020
Please conduct a SWOT analysis of PAC Resources, Inc. and complete a Research Paper
Please conduct a SWOT analysis of PAC Resources, Inc. and complete a detailed paragraph response to each area of the analysis - Research Paper Example The company has strong presence in the US market and target market type of this company is niche. At the time beginning of this business the owner of the company started the business operation in US and after that it got success in that particular market. Gradually they become a strong player and increase their sales revenue from this market. Strong presence also helps the company to establish a stable customer base in this market. The company can generate almost 83% of its total revenue from one customer. The company is involved to produce major components for this customer. It can be said that that customer has started to depend on the component o this company which is one of the biggest strength of this business (Akanda, 2013). PAC Resources, Inc. employs 835 full time workers in their business activities. This scenario indicates that the company is able to get enough human resources to run their operational activities. Weaknesses are few internal lacking which needs to be correct ed by the organization after implementing appropriate strategies. Here, the company is depending on only one primary customer for earning major percentage of sales revenue. Therefore, the company posses a high risk factor regarding the possibility of decline in sales in future with the decrease of business with the primary customer. The managers do not concentrate on day to day operation in this business and as a result the business is involved in some unethical practices. Again, the management has few ides to cut down the heavy cost factors in business. Employees are dissatisfied for the management activities in this organization. This company has several opportunities to establish their business in new markets such as Asia, Europe etc. The company is cutting cost by providing employee paid share. The management of this company has taken several initiatives like various training program to improve the skills of
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