Swot Analysis Of Electronic Business

Introduction

Although SWOT and Pestle analysis go-hand-in-hand, for the purpose of this paper, SWOT is recognised as strengths, weakness, opportunity and threats but not explained in full detail. The paper highlights conditions necessary for environment using critical thinking and diverse analytic methods to explore various approaches taken by modern enterprises throughout the digital era.

The paper identifies individual aspects for electronic business (e-business) by observing how modern organisations maintain value, position and adapt current strategies to suit essential business models and succeed within the market.

Furthermore in the business environment, the paper differentiates PESTLE and SWOT acronyms (Micro) by applying bricks and

Collaborating with fair trade organisations to help manufactures in third-world and developing countries by promoting improved trade and sustainable conditions for farming.

Change in climate can impact the business for instance, Ireland is a country where snow is seldom, the country was prepared for the first few days but as the weather became rough, there was disruption to base of operations and business had to shut down their electric operations because they didn't have the proper technology to keep the system active.

Businesses like Tesco who have online transactions and uses store as a base of operations for storing food at the correct temperature, using staff members to act as personal shoppers by walking through the aisles, weigh items like fruit and vegetables or select pre-packed items like meat and

Tesco has to negotiate and secure better prices that small chains can't match although large retailers can source produce from abroad at a cheap cost.

Buyers

The most successful customer retention strategy that significantly increases the profitability of Tesco's business is the clubcard loyalty scheme. Results in personalising services, meeting wants and needs of customers, consistent flow of promotions for low prices and better choices.

Rivals

Retailers across the UK specialising in groceries had to become innovative in-order to build and keep position in the market. The dominant market leaders have responded by refocusing on price and value, whilst reinforcing the added value elements of their service in response to changes in customer's behaviour.

New/Existing Entrants

Moving from convenient and traditional shops like Lidl, Aldi and Spar/supervalue where one supermarket has all the necessaries (bread, bakeries and butchers). This provides difficult to raise money and expand into other areas.