Create a hypothetical organization offering product /service of your choice. Ide

Question

Create a hypothetical organization offering product /service of your choice. Identify a real potential competitor in the market.

1. Name your product/service as well as organization.

2. Write the mission and objectives.

3. Scan and assess the external environment to determine the strategic factors that pose opportunities and threats.

4. Scan and assess the internal corporate environment to determine the strategic factors that are Strengths (especially core competencies) and Weaknesses.

5. Analyze strategic (SWOT) factors to (a) pinpoint problem areas and (b) review and revise the corporate mission and objectives, as necessary.

6. Generate, evaluate, and select the best alternative strategy in light of the analysis conducted in step 5.

7. State how you are going to implement selected strategies via programs, budgets, and procedures.

8. State how you are going to evaluate implemented strategies via feedback systems, and the control

of activities to ensure their minimum deviation from plans.

Guidelines:

Before carrying out a SWOT analysis, consider the following guidelines:

Be realistic about strengths and weaknesses. When performing a SWOT analysis on your business, be neither modest nor overly optimistic.

Consider answers from the company’s point of view and from the point of view of customers, vendors, distributors, and others who do business with them.

Distinguish between where the organization is today and where it could be in the future.

Note that the SWOT is subjective. No two persons will come up with the same SWOT.

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Explanation / Answer

Monsanto is a world leader in production of Agricultural and vegetable seeds well known for producing quality that as well as providing Chemicals for protecting the crops. Monsanto is also very well known for improving the life of farmers.

Genetically modified organisms are considered as a bad term in the market today. Action forces that are directly affect the genetically modified organism can be defined as political as well as economical factors. Specific factor provide the barrier to the development of the genetically modified organisms. Organisation space and economical and inability in developing the genetically modified organisms. these specific factors influencing genetically modified organism market buy a great margin.
Genetically modified object face the socio-cultural issues as well as ethical issues because this specific modifications are not considered as ethical in many of the countries across the globe. While having a genetically modified object can increase the overall productivity of the specific organism, this is Pacific GMO industry also peace is a large criticism from various economic and as well as organic Industries across the globe.

External Audit for monsanto using PEST framework

Monsanto does not use that much political influence as compared to the other means Din companies would be used in grilled food products. Is dealing in the seeds, government allow this company to deal according to their own system. Genetically modified organism can be a difficult task to title in the political aspects of different countries across the globe. Monsanto management system has been successfully dominating this field as well.

Economically monsanto is the biggest revenue generator in the seed market across the globe and external factors like economic deprivation does not affect companies overall economy. The growing market like India and China which are highly people of buying stuff from monsanto are affecting the company overall economy and company is finding trouble to increase its overall business inside the specific countries.

Also creating trouble for the company. As most of the Other organic company that projecting monsanto as a genetically modified organism company which is unethical to the society. Having this kind of production company is facing some rejection from its customers across the globe.

The biggest influencing factor of this company is technology. Customer are not directly attached with the technological town company is facing a huge drawback in terms of the technological implementation into it system as well as the customer relations. These are one of the main external factors which are affecting the company is overall says as well as business structure in two different field. Technical implementation of monsanto is directly affecting the overall efficiency of the system.

SWOT analysis of Monsanto

Strength

Weakness

Opportunities

Threats

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