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learn about:
• What is SWOT
• Who does the SWOT analysis
• Why is SWOT necessary
• On what factors does the SWOT depends
• SWOT analysis of the Italian Republic with
respect to the consumers.
•
SWOT Analysis
• It is important to base Strategic plans on robust
intelligence. This could include using
information from performance measurement,
research, learning and benchmarking. The SWOT
framework provides for an analysis of the
internal and external environment and can be
used in conjunction with a scan of the external
environment (such as PESTLE), in order to
evaluate the information gathered. SWOT refers
to S – Strengths, W – Weaknesses, O –
Opportunities and T – Threats
Who does the SWOT analysis
• SWOT analysis is done by business
organisations or firms
• Researchers
• Analysts
• Economists
• Market strategists
Why is the SWOT analysis done
• To know about the market
• To gain knowledge about the changing market
conditions
• To know where the firm stands in the present
market scenario
• Scope for improvements and the challenges
coming in the near future.
• To capitalize on the transitions created in the
market
General SWOT Flowchart
Strengths Weaknesses
Capital strength Disadvantages
Reputation/image Gap in experience,
Brand image knowledge
S W
Knowledge Financial aspects
Location Reliability and trust
Experience Loss of key staff
Resources Geographical factors
Competence, capabilities
Quality,
Opportunities Threats
O T
needs • Declining markets
New Technology • Market saturation
Economic upturn
SWOT and the PESTEL
(Repubblic
a Italiana)
S.W.O.T. Analysis of the
Italian Republic
Processing and manufacturing of goods. GDP is expected to contract further due to the
SOCIAL FACTORS
STRENGTHS WEAKNESSES
One kind of culture prevalent throughout . Rapidly changing fashion.
Catholism hold the whole region together. Uncertainty in the consumers mind.
OPPORTUNITIES THREATS
Influence of the subcultures. Immigration leading to difference in styles.
Cuisines and Wines. Security and potential threats from terrorists and
gangs.
Emerging Music Genres
TECHNOLOGICAL
FACTORS
Modern, Advanced, developed, fast and Italian expenditure in IT hardware, services
4th greatest internet host, 10th highest number of Currently, Italy doesn't have an internal
Oracle and Microsoft have begun their operations Other than IT, no other technical field is showing
in Italy. signs of improvement.
Blend of technology with the fashion world. The Global economic downturn is still showing its
effect.
ENVIRONMENTAL FACTORS
Huge carbon content emissions
The great division between the northern and
Surrounded by competitors like France, Ge
THREATS
LEGAL FACTORS
SWOT ANALYSIS
Positive factors
S O
Apparel exports are Imports of Energy and
high. raw materials can be a
beneficial investment
Milan is one of the four
fashion hubs in the The prices of Real
world. estate are holding up.
W T
Political uncertainty. Unstable Environment
High Income Tax. Increased chances of
Smuggling
Corruption.
S W
labour.
Crime and high income tax are not helping
Italy inspite of being a fashion hub. The
apparel exports are the only thing which is
keeping Italy in the market.
The democratic system of Italy is also a
hindrance.
O T
Italy is under huge debts from the IMF and
the things do not seem to be improving even
after post 2010 era.
Submitted By:
Shubhangi Agarwal
Ashish Gerawada
Ekta Shah
Tarunendra Pratap Sing
NIFT Bhubaneswar
MFM( 2010-12)