Swot Analysis Of MBA

PART ONE

The following is a SWOT (strength weakness opportunity and threats) analysis based on the case study about MBA (master’s degree in business administration). Masters degree in business administration MBA is a course that covers different areas in business, such as accounting, finance, marketing, human resources, and operations management, especially the management analysis and strategy. It is an internationally recognized degree designed to develop the skills required for careers in business and management. This business program was firstly established at Tuck Business School in early twentieth century. It becomes recently the most popular professional degree program in the world. MBA from a leading educational institution has

The weakness point s of MBA according to SWOT analysis is that it has no promise to follow professional standard like other qualifications. Like qualifications in law, medicine, auditing, and accounting have a promise to follow profession standard but MBA does not have. The other weakness is that there is also no commitment to taking shorter follow up courses as part of the professionalism continuing education. Worse as MrKhurana who is currently writing a book on the evaluation of management a profession says; “some the theories taught in business schools conflict with a sense of professionalism”. The OPPORTUNITY is that MBA candidates can expect to earn at least 50 percent or more than they earn before obtaining the

For instance, Apple noticed the problems and difficulties that arise when one tries to assemble hardware, software and operating systems from different companies to form a PC or laptop. Therefore, Apple became the first company to manufacture its own software, hardware and operating system. Anyone may want to analyze and duplicate innovative products, but visionary products come from having a vision. It takes vision to predict future demand and there is no innovation without vision. Mickalowski, Mickelsonand and Keltgen (2013), highlighted that Apple uses “well-managed marketing efforts and publicity”. The effectiveness of the marketing strategies adapted by Apple is reflected by the new iPhone launch, where an excitement was created among the customer base prior to the launching of the iPhone. In conclusion, Apple is one of the best brands in the world due to innovation. It revolutionized the way we buy and enjoy music and entertainment and redefined the mobile phone and computers through its products and business models. The high quality products, vision and marketing strategies have contributed to a good reputation and a competitive advantage for