Business Benefits Swot Analysis And Pestle Analysis

1. Valentinos, Mission Statement, Three Business Benefits, SWOT Analysis and PESTLE Analysis. - Mission Statement To guide persons to the right path in their relations with a high level of privacy and confidentiality. - Three Business Benefits - SWOT Analysis Strengths: 1. The long established brand name and the stability performance as a result of the experience gained during the years of work. 2. The use of high technology and experienced staff who are ready to meet the members needs. 3. Diversification of provided services (friendship, love, marriage and meeting new people). 4. Huge database for all members of society. 5. The efficiency in matchmaking services, giving advices, answering clients enquiries. Weaknesses: 1. The use†¦show more content†¦The users can provide a brief profile and search for their partners in the website which is secure and can be trusted. Unlike the current offline system, the new online dating system will serve millions of singles looking for relationships, romance, love and marriage to find their desirable partners and interact with them easily. - Context diagram - Potential benefits and costs Benefits: 1. Provide faster service – the processes on the internet needs seconds to be completed. 2. Attracting larger number of customers – as a result of the services, the number of customer will be increased. 3. Increase profits and revenues – as a result of the large numbers of customers. 4. Reduce the needed time – by using the internet unlike the offline services which may take long time. 5. Further reputation – quality of performance and customers satisfaction help to spread its reputation. 6. Providing new services and developing the systems by using the customer fees in order to grow its client base. Costs: 1. The new system installation cost. 2. Costs of periodic update of the system. 3. Costs of repairing the malfunctions that can occur. 4. Software and hardware maintenance cost. 5. Staff training cost. - Smart Objectives: 1. To record all customer data with 99% accuracy. 2. To accurately display the matching files to the customers. 3. To supply the new customers with 100% instructions about how to use the system. 4. To increase the quality of performance by 80%. 5.Show MoreRelatedInternal And Internal Analysis Of Tesco1721 Words   |  7 Pagesin their business. As the external and internal analysis are very useful for marketing a large enterprise, this essay will explore both external and internal analysis that Tesco has been performed. First, it will define and outline the importance of SWOT and PESTLE. Then, it will examine the Strengths and Weaknesses of Tesco. Next, it will use the PESTLE to carry out Opportunities and Threats. Finally, it will evaluate the reason Tesco’s profits and market share have fallen. â€Å"SWOT analysis is a methodRead MoreSwot Analysis : Tesco s Cut Throat Competition 1649 Words   |  7 Pagesshows us that any type of business, no matter their previous success, may fail at any moment. For over 30 years, Tesco remains one of the biggest retailers worldwide. However Tesco has suffered a dramatic decrease in its market share and profits (Ruddick, 2015). To avoid this, SWOT and PESTLE analysis needs to be constantly updated (Marcousà © et al. 2003: 61). According to Marcousà © et al. (2003:61) a SWOT analysis â€Å"identifies internal strengths and weaknesses of the business, and highlights the externalRead MoreStrategic Modules Used For The Case Study1524 Words   |  7 Pagesdiversification is a procedure that occurs when a business grows its exercises into product offerings that are like those it at present offers (Markides Williamson, 1994). The case study which primarily produces ready-to-wear clothes, also diversified by investing in other areas of f ashion, like shoes and accessories. Industry Analysis In order to analyse the industry in which our case study operates, we started the research by performing PESTLE analysis. PESTLE analysis provides a bird s eye view of the PoliticalRead MoreSwot Analysis : Tesco s Stock Market Share Using The Swot And Pestle Analysis1569 Words   |  7 Pagesthe SWOT and PESTLE analysis. In doing so, the individual components of SWOT and PESTLE analysis are applied to Tesco. SWOT analysis is a method or ‘framework’ used for business analysis. It serves as a useful tool for companies, thereby aiding their evaluations, giving them clarity in direction as well as the ability to strategies with others to make well-informed choices and decisions. In other words, it is a way of analysing a business, its resources and environment (Riley 2014). The SWOT acronymRead MoreThe Modern Day Industry : The Changing Nature Of Consumerism1742 Words   |  7 Pagesof data HR collects depends on the business needs and industry. In order for HR to present relevant data they must have a clear understanding of the organisational plan and senior management must provide some insight as to what information they need. The CIPD suggest that there are 7 stages to developing strategy, including: †¢ Defining business strategy – working with the business to formulate strategy †¢ Analyse context – PESTLE/SWOT analysis †¢ Identify business needs Within our organisation HR isRead MoreBusiness Analysis : Jd s Graphics Design1259 Words   |  6 Pagespriority reach the competitive advantage, promote products, run business operations smoothly and make JD’s Graphics Design recognizable to all consumers. Using Business Analytics (BA) will allow the firm to collect data, create models, apply techniques and use everything collected to share with our business partners and consumers. The information collected will be very useful to the success of the firm, results will be used for business decisions, future growth and planning. Part two will take usRead MoreStrengths And Weaknesses Of Tesco1323 Words   |  6 Pagescompany in the business domain restrained by revenues and 9th leading shop in the al individuals slow by profits. It has supplies in 12 states from corner to corner Asia and Europe and also it is the products market lead in the UK wherever it takes a marketplace Market Share of everywhere 29.3%. SECTION-1: Analysing the strategic capabilities and external environment A) Analysing the internal resources and capabilities that give the organization competitive advantage? In the analysis the internalRead MoreEvaluating The Confectionary Industry Within The United States820 Words   |  4 PagesStates (US) in order to identify a new product to be introduced to The Hershey Company’s (Hershey’s) existing line of products. This report is focused around a SWOT analysis and based on its findings, recommendations were made to finalise the new product and to determine how it will fit into the market. The results obtained from the analysis resulted in the creation of Hershey’s Gold, a Fairtrade, organic, ethically sourced and produced muesli bar containing nuts and fruit pieces topped with dark chocolateRead MoreBrand-Plan-Template905 Words   |  4 PagesProcess Overview †¢ †¢ †¢ †¢ †¢ †¢ †¢ †¢ Environmental analysis to determine the current status and position of a business in relation to its external environment and current activities Identify the critical success factors Define the product position key messages Define the customer group Forecast sales Specify the business objectives Build an aligned activity plan Set metrics to monitor success of implementation Environmental Analysis (1) A PESTLE analysis is a useful model for understanding the environmentRead MoreMarketing Reflective Essay1135 Words   |  5 Pagesbrand were used such an important tools as PESTLE/PEST, SWOT Analysis, Porter’s 5 Forces and BSG Matrix. And ultimately we have been asked to write an essay. The purpose of this reflective essay is to think about findings individually of group presentation with a particular focus on the logic and rational recommendations, probable results, estimation of methods and tools. According to Jobber (2010, p.98) PESTLE or PEEST Analysis can be defined as the analysis of the political/legal, economic, ecological/physical