Strengths, Weaknesses, Opportunities and Threats for Human Resource Assignment - 2

Strengths, Weaknesses, Opportunities and Threats for Human Resource Management - Assignment Example SWOT analysis assists an organization in their decision making. There are various strengths associated with the Simpkin’s sweet company; first, the company has stood the test of time since 1921, and secondly, the company only produces quality products. In addition, currently, it is able to export its products to 60 countries, which accounts for 25% of its overall income. The existing opportunities of this company are that it is able to keep up with technology thus being able to sell online; it also has efficient staff members. The addition of the sugar-free sweets to their menu is an added advantage since the diabetic customers can also benefit, thus boosting the company. In addition, the decision to open another tinning line could lead to more sales in a day. Some of the threats of the travel sweet company include increasing competition, and the plan to expand on their range means extra costs that will interfere with the profits, as well as the fact that their 200g of sweets is not selling well as compared to the 50 grams. The company’s weaknesses include the failure to expand to the Asian continent because of different water, which interfered with the taste of the sweets, and the Failure to move to another site since some of their loyal and skilled employees cannot relocate.   SWOT analysis -Human resource management -Accounting and finance -Marketing functions Strengths -Workers Working in shifts -A 25% income generated from exports -Exporting product to over 60 countries. -The use of the internet to sell online. - Ability to market sugar-free sweets thus increasing sales. Weaknesses -Few numbers of workers High turn-over due to - -Inability to expand business in Asia due to the different taste of the sweets. -Inability to establish another site, due to fear of the current employees not following the company. Opportunity -Hiring more employees with the establishment of a new tinning line - -penetrating to new markets -producing more of 50g pa ckets of sweets. Threat -Increase of salaries Income rose to 3 million last year Increase in competition. Therefore, for the travel sweet company to be at a competitive advantage, it should try to expand on its territories by establishing a new site. The fact that their employees won’t follow the company should not be a worry since the management can always hire new employees. This will enable the company to test new waters in a different location, and with time, it would prosper. On the production part, the company should set up another tinning line, since it will fasten production, thus increasing the number of sales made per day. On the human resource department, more employees should be hired, with the creation of a new tinning line.

Argument for a Current Political Issue Research Paper

Argument for a Current Political Issue - Research Paper Example The rate of unemployment, mortgages, housing, insurance, and manufacturing, among other sectors, are some of the key areas that affect the U.S economy. The European colonization between the 16th and the 18th centuries was the root of the U.S history. In 1776, 13 small farming economies integrated themselves to form one, and they formed the United States economy (Lattimer, p7). The growth of the U.S economy was accredited to high productivity, a legal system which was supportive and the availability of a market which was large and unified. The United States economy is the world’s largest national economy. The $2 trillion difference between its GDP and that of the EU makes it the world’s second largest overall economy.The high levels of capital investment and research, the overall GDP growth rate and the moderate rate of unemployment make the U.S economy to be a mixed economy (DeNavas-Walt, Proctor, Bernadette & Smith, Jessica p25). As of 2011, the GDP of the United State s was estimated to be about $15 trillion dollars with a per capita GDP of $48,328. The per capita income of the U.S is the sixth highest in the world and this makes it to be one of the world’s wealthiest nations. ... S is extremely active. In terms of market capitalization, the New York Stock Exchange is the largest in the world (DeNavas-Walt, Bernadette, & Smith, 48). The economy of the U.S is controversial because any alterations to it will result to a ripple effect in the whole country. The economy determines the investment, the health care, the education system, the security of the country, and every other sector. The economy is the back bone of the country and this is the main reason why it is a political issue that causes controversy and much debate especially during election times as witnessed recently in the presidential elections. There are two parties that are involved in the political tussle of the economy. These two parties are umbrellas of the interest groups and the key politicians involved; the Democrats and the Republicans. Below is an outline of the stand that both the Democrats and Republicans have taken on the economy. The Democrat Stand On the issue of minimum wage, the democr ats support a higher minimum wage with increases on a more regular basis. The six state ballot initiative to increase the minimum wage were all passed by democrats in congress in 2006, a move that shows their support of higher minimum wages (DeNavas-Walt, Proctor, Bernadette & Smith, Jessica p22). Education is also a pertinent issue of the economy. In this case, college education is the central issue. Democrats have a long term goal of providing low-cost college education that has been subsidized by the public for the purpose of lowering tuition fees. This can be achieved by increasing the state funding for student financial aid. The democrats have divergent opinions on the issue of trade agreements. The liberal part of the democrats supports globalization while