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SWOT Analysis of ECC
SWOT stands for Strengths, Weaknesses, Opportunities and Threats, and is an important tool often used to highlight where a business or organisation is, and where it could be in the future. It looks at internal factors, the strengths and weaknesses of a business, and external factors, the opportunities and threats facing the business. The process can give you on overview of where the business, and the environment it operates in, is strategically. This is an important, yet to simple to understand, tool used by many students, businesses and organisations for analysis.
The following SWOT analysis looks at ECC which is operating in Healthcare industry. The analysis shows ECC's Strengths, Weaknesses, Opportunities and Threats. The SWOT analysis will give you a clear picture of the business environment ECC is operating in at the present time.
The strengths of a business or organisation are positive elements, something they do well and is under their control. The strengths of a company or group and value to it, and can be what gives it the edge in some areas over the competitors. The following section will outline main strengths of ECC.
- Development and innovation are high at with regard to their products/services, which is a sure strength in its overall performance.
- Having little competition, being one of very few companies providing this service/product is a major factor in ’s performance.
- The services/products offered by are original, meaning many people will return to to obtain them.
Weaknesses of a company or organisation are things that need to be improved or perform better, which are under their control. Weaknesses are also things that place you behind competitors, or stop you being able to meet objectives. This section will present main weaknesses of ECC.
- ’s lack of patents/proprietary technology puts it behind its rivals and is deemed as one of their weaknesses.
Opportunities are external changes, trends or needs that could enhance the business or organisation's strategic position, or which could be of a benefit to them. This section will outline opportunities that ECC is currently facing.
- Changes in technology could give an opportunity to bolster future success.
- has the opportunity to enter a niche market, gain leading position and therefore boost financial performance.
- could benefit from expanding their online presence and making more money from online shoppers/internet users.
Threats are factors which may restrict, damage or put areas of the business or organisation at risk. They are factors which are outside of the company's control. Being aware of the threats and being able to prepare for them makes this section valuable when considering contingency plans and strategies. This section will outline main threats ECC is currently facing.
- Extra competition and new competitors entering the market could unsteady and be a threat.
This SWOT analysis has been created using FREE SWOT Analysis Generator by Insta Research Ltd.
This generic SWOT application intends to provide you with a complete guide to structuring your intended SWOT analysis for any company in the industry.
lease note that due to the generic nature of the software you may find an overlap within the definitions and structure.
Moreover this is intended for purely academic purposes and we strongly emphasise that this is neither a conclusive nor comprehensive guide for a SWOT analysis. If you would like to get a comprehensive custom-written SWOT analysis, our professional writers will be more than happy to complete one for you. Please click here to get an instant quote and place your order.
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