Essay on B120 Ema

Q. 1

a)

In order to grow the business, I use completed a SWOT research table, looking at the titles of the HRM, accounting and finance plus the marketing departments as all of the findings should be taken into account when creating any organization decisions. Beneath I have displayed my swot analysis table. This is used to ensure that I have taken almost all aspects of the company into account before I analyse where the strengths and some weakness of the organization lie.

SWOT Analysis for SHP. (Second Hand Phones)

|Human Source Management |Accounting and Financial |Marketing | |Strengths | | | |Demand pertaining to product. |Cotntracts with shops and network |Overseas revenue | | |providers. |Demand for products | |Loyal Workforce with benefits of stocks |Overseas product sales |Ethics. | | |Good markups | | |Weakness | | | | |Lack of using shopping for potential. |Competitive Markets in the home and offshore. | |Possible of jobs to offshore workforces. |Competitors from overseas markets | | | | |Ethical issues. | |Opportunities | | | | | |More offshore partners. | |Use staffing requirements skills. |Sell direct/more profit. |Products available worldwide. | |Overseas expertise. | | | |Threats | | | | |Existing international companies. |Bigger companies. | |Unemployment risk if certainly not sucessful | |. | |overseas. |Possible rising costs. |Competition from all other companies.

(Capon, 2004)

The HRM manage a workforce of 85, which is an asset towards the company, a lot of whom happen to be rewarded with equity shares in the business, dependant on their duration of service and position. Thankfully there is a popular overseas pertaining to the product, consequently making staffing needs positions reasonably safe. Conceivable loss of sales to abroad competition is actually a potential intended for cutbacks in staffing amounts as many companies have moved their telesales department abroad where the financial systems are low, thus making the wage expenditure smaller sized.

Last year SHP purchased over one million cell phones, but there was a possible 60 million pertaining to the currently taking so why take a look at one million if the business was thinking firm growth, maybe they should include invested even more to get a bigger return. Furthermore with the economy as it is most businesses will be cutting spending, opening additional potential market for the use of refurbished electrical products. SHP need to ensure its main business with stores and the phone services insurance companies happen to be maintained to get stability. Thinking about selling...



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