¶ … Corporation-SWOT Analysis
The potential success of a company especially in the introduction of a new product can be evaluated using SWOT strategic tool. In any analysis, the investor often seeks to understand the true status of the organization by identifying the favorable and unfavorable conditions influence its success prospects in the industry (Jones, 2013). The first item of assessment under this is the strengths of the organization. Here, all those positive endowments that an organization has are described and linked to the success of the organization. For instance, PolyOne Corporation may use its existing strength of strong market leadership to influence the performance of the larger plastic pipes for plumbing that will be introduced. The analysis of the weaknesses and opportunities at PolyOne Corporation are also considered here because they influence investor confidence and its competitive advantage. Finally, the analysis deals with the threats that the company will face as it ventures into this new frontier because many of its clients and even other plays may not take it positively when it will be introduced. SWOT analysis is a mandatory assessment tool that is useful at all times in the management of any organization.
Strengths
PolyOne Corporation thrives on the strength that it has an assortment of highly skilled workers. From its great capacity in the industry, most of the skilled workers available chose to work here due to the vast exposure that comes with it...
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