Purchase Solution

SWOT and PEST analysis for small private company

Not what you're looking for?

Ask Custom Question

I am looking for how to do the SWOT or PEST analysis, the form of business and responsibilities, accounting professional and role of accounting information.

Purchase this Solution

Solution Summary

This posting gives you a step-by-step explanation of situational analysis of a small firm. The response also contains the sources used.

Solution Preview

Step 1
The SWOT analysis is a method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats of a business venture. It involves specifying the purpose of the business and identifying the external and internal factors that are advantageous or against the business in achieving that purpose.
The PEST analysis describes the political, economic, social, and technological analysis used in environmental scanning of strategic management. It is a part of external analysis when conducting a strategic analysis or doing market research.
As the SWOT analysis considers both external and internal factors we do a SWOT of Maria's business.
Strengths: Maria is an excellent cook, her business has been successful, and she has developed a reputation for excellent hamburgers.
Weaknesses: Hamburgers are not perceived to be healthy food, her financial recording and accounting is unacceptable, and she has low control over the financial activities of her company. Her customers are leaving for competitors.
Opportunities: If Maria buys the super master grill, she can make even better hamburgers. She can ...

Purchase this Solution


Free BrainMass Quizzes
Motivation

This tests some key elements of major motivation theories.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.