Toolscorp Swot Analysis

895 Words2 Pages

Strengths
ToolsCorp Corporation offers high quality and fast-speed services. The organization has come up with strategies aimed at increasing its speed including coming up with network connections, making use of data computing system that is high-tech, as well as increasing its investments on R&D, around Tennessee as well as internationally. This mode that is oriented on technology ensures safe delivery and fast speed, which the organization has identified as to provide the organization with a competitive advantage.
Efficient and effective management; the branches that the organization has around Tennessee are all that the organization has and this implies that it has tight control over all its branches in the region. In case the organization …show more content…

In Tennessee, ToolsCorp Corporation has explored its target market, sticking to its strategy and avoiding overlapping its operations with other competitors. In the new market in Brazil, ToolsCorp Corporation will try to seek out for a breakthrough point as it enters the new market. (Erramilli, 1991). Apart from such steady steps, the organization has planned well before thinking of making a new entry through enough inspections and researchers in Brazil, and this will provide it with good positioning foundations.
The organization has over the years been able to develop a good relationship with the government especially the local government. Such a capability is important when it comes entering a new market as there are several benefits associated with being is desirable terms with the local government, particularly involving governments within hierarchical societies.
The other strength of the organization is its financial support. With the current financial investments, the organization has adequate funds that will enable to expand its operation overseas. Substantial amounts of money will undoubtedly facilitate the organization …show more content…

Brazilian market has been identified as being among the few that is growing across the globe. Such a huge market potential offers an opportunity for ToolsCorp Corporation as it enters the new market. Also, the demand for the services offered by the organization is increasing as the market is still growing.
There is a large number of locals in Brazil, and this fits well with one of the strategies of the organization, to target the locals overseas, mainly offering services between the local market and the residents in Brazil. Such a large local number in Brazil provides the organization the same execution of the strategy, now that it is the backup of the survival of the organization in the new market in Brazil.
Improvement in the markets coming from the government in that Brazil in a member of the BRICs, it has attracted a lot of attention in the last few years (Calof, and Beamish, 1995). However, the nation also suffers from the incomplete system and poor infrastructure for a while. However, for it to change the situation, the government has initiated efforts aimed at improving the environment for investment for many

Open Document