assignment 4&5 bus swot analysis in .pptx

SWOT Analysis

1. INRODUCTION FAHAD AKHTAR WARUNKAR BASAAM ABDUL LATIF MD MONGURUL HAQUE JEEYA JITENKUMAR PATEL

2. SWOT ANALYSIS A SWOT analysis is used to determine the strategic fit between an organization’s internal, distinctive capabilities, and external possibilities relative to the business and economic by performing situational analysis of strengths, weaknesses, and anticipated changes. It stands for : S - strengths W -weaknesses O -opportunities T -threats

3. STRENGTHS Streng ths of a company are internal characteristics that give a company competitive advantage. In this scenario Dao will gain strengths if he chooses to collab with Aqsa. Some of the strengths he will gain are: Advertisement Less competition

4. WEAKNESSES Weaknesses are lack of internal capabilities or expertise compared to other businesses. If Dao merges his business with Aqsa’s business they will be reducing their weaknesses which is an advantage to both Dao and Aqsa.

5. Opportunities C ompany’s external environment that may lead to future profits, such as growth in the local or national economy is called opportunity. In this scenario Dao has an opportunity to expand his business by merging with Aqsa.

6. THREATS C onditions outside the company that create challenges are called threats. Dao’s biggest threat is Aqsa’s business and now he has an opportunity to make this threat a strength of his by accepting the merger.

7. Planning Process Planning Setting Objectives Dao collaborating with Aqsa Developing Premises Dao’s sharing his premises with Aqsa and vice versa Identifying alternative course of action Spending more on advertisements in all forms possible Evaluating alternative courses of action More time consuming but not impossible Implementing the Plan Selecting the best alternative Expanding the business to merger Follow up action

8. Leading Consistency is key; treat each team member equally and rationally. Concentrate on communicating with clarity, accuracy, and thoroughness. Strive to communicate with clarity, accuracy, and thoroughness while conveying instructions and summarizing meetings. Establish the objectives for your team's collaboration: if you want your team members to cooperate, have them work toward a common goal both Dao’s and Aqsa. Give employees both Doa’s and Aqsa’s a shared vision and mission to motivate them as a team. Promote all possibilities and concepts. Reward and acknowledge hard work in public for both the teams

9. Organizing 2022 2027 2032 2037 Startup Merging Dao’s and Aqsa’s Break even After merger Business expansion New Franchise of Dao and Aqsa’s Business Diversification The combination of Dao and Aqsa's multiple franchises

10. CONTROL (METRICS FOR PERFORMANCE) What are Performance Metrics? Performance Metrics are data used to track processes within a business. This is achieved using activities, employee behavior and productivity as key metrics. This is in relation to an established goal such as employee productivity or sales objectives. Importance of Track Performance Metrics They provide valuable information to one`s business. Can be used to grow one`s business and increase profits. Helps put strategies in place for meeting various objectives. Strategies Improve the quality of products and services by spending more time on planning, organizing and listening to your current customers. Reduce the cost of sales by streamlining the process of selling and investing more in sales technology and methodology solutions. Create value for customers by focusing more on relationship selling to win business consistently. Train your employees well to improve productivity, lower costs and promote efficiency. Review financial expenditure to cut costs and maximize performance. Use time management apps to ensure that employees are focused on executing their tasks in the specified time frame. Build a productive company culture so that employees enjoy the workspace, feel safe and work all together. Focus on effective marketing and technology for innovation and growth.

11. OPTION 1 In this scenario, we join your company (Dao's Pizza) as General Partners. We shall equally split the gains, losses, and managerial duties as General Partners. However, we shall also be held accountable for any financial obligations or legal proceedings brought against the company. ADVANTAGES Profits and managerial duties are distributed equally. Possibility to collaborate closely and decide as a group DISADVANTAGES Personal responsibility for debts incurred by the business and legal proceedings brought against it.

12. OPTION 2 In this case, you join my company (Aqsa's Pizza) as a Limited Partner. Although you will not be involved in the organization's daily activities as a Limited Partner, you will contribute funds and earn a portion of the profits. ADVANTAGES A chance to invest without taking on the dangers of operating a business DISADVANTAGES Restricted ability to make decisions that affect the organization's daily operations .

13. OPTION 3 This option entails the merger of the two businesses to create a new restaurant, which will be incorporated and turn into a company. Just half of our management teams will make up the board of directors, which we will create. I will serve as the board's CEO, and you will serve as the COO, reporting to me directly. The board of directors will only be made up of four people since we will both have to let go of one of our present management team members. ADVANTAGES Possibility to combine resources, knowledge, and client base to build a stronger company establishing a board of directors to supervise the organization's administration. DISADVANTAGES loss of one manager from each management team Conflicts between the two management teams might also arise throughout the merger process. There is a chance that the CEO and COO will disagree on crucial choices. Ultimately, each alternative has pros and cons, and the optimal one would rely on the objectives and priorities of the many organizations and people involved.

14. CONCLUSION As a group we decided to go for option 3 because merging both companies ,the company will grow in various aspects including resources and broader market reach. Also it can create an even larger entity that can dominate the industry in sales, profit and availability of quality products and services provided to consumers. It will also enable a broader geographic scope for the business which means increased resources can provide more advertising options, facilities and employees

15. THANKYOU