June 24, 2013
JQ Supply Solutions (JQSS) is a well-connected group of consultants that can assist small to medium size companies in taking advantage of the global supply chain. Globalization has opened up the global economy, and allowed product trade that historically was not logistically feasible. The pros of globalization have also brought many new issues like an extended supply chain, international negotiation, lack of verifiable quality, and logistical challenges. However, in order for JQSS to be fully prepared to provide service to customers they are conducting a SWOTT analysis. Conduct an internal and external environmental analysis for your proposed business. Write a 1,400- to 1,750-word synopsis in which you analyze at least seven of the forces and trends from the list above.
SWOTT of JQSS
SWOTT stands for internal strengths and weakness of a firm and the environmental opportunities and threats that could possibly face a company. The SWOTT analysis gives a comprehensive quick overview of the strategic position of a company (Pearce & Robinson, 2009). SWOTT assumes that strengths and weaknesses need to match external situations like opportunities or threats. Therefore, JQSS needs to evaluate these points and ensure that the strengths and opportunities are at the highest level possible. Conversely, the weaknesses and threats needs to be decreased as much as possible to ensure a successful strategy (Pearce & Robinson, 2009).
JQSS SWOTT Analysis
Create a SWOTT table summarizing your findings. Your environmental analysis should take into account the following factors. For your External and Internal considerations, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.
• External forces and trends considerations:
o Legal and...
References: Pearce, J. A. II, & Robinson, R. B. (2009). Strategic management: Formulation, implementation, and control (11th ed.). New York, NY: McGraw-Hill.
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