Prepare a SWOT analysis of WestRock Company of Atlanta, Georgia. No need to disc
ID: 413548 • Letter: P
Question
Prepare a SWOT analysis of WestRock Company of Atlanta, Georgia. No need to discuss company financials in depth.
We’re more than a supplier: we’re a partner that provides a competitive advantage, a partner that can deliver consistent quality and superior service, a partner that fuels innovation to foster real, sustainable growth.
We have a long history of entrepreneurship, leadership and innovation. That history includes game-changing developments in papermaking, packaging design and retail solutions, as well as strategically building and strengthening our company's capabilities over time.
With operations around the world and expertise in every shopping category, we focus on working with brands to help them win across the board by providing an unbeatable portfolio of paper and packaging products. We’re building unbeatable packaging solutions together.
Explanation / Answer
SWOT analysis of WESTROCK Company of Atlanta, Georgia .
The internal factors includes the strenghts and weaknesses and the external factors include the threats and the oppurtunities
Strenghts of the company
-The company has a very successful and strong record .The company has accomplised many operations by merging a large number of IT companies . It has consolidated all its activities in order to have a stable reserve for the supply of the materials
-The westrock company has showed its excellent performance in the different areas of the market. Westrock has also enrolled in new markets and has accomplished great success in those markets and have also generated good profits through the markets .They have branched out in many sectors of markets and have expanded theiir company.
-It also has a good revenue generation through which the comapny can attempt to enter into new business and the the renue that is generated helps them to get all the resources for it and get new oppurtinities in the market.
-Westrock has a good circulation in the market and through its connections it can rech out to the possible opportunities in the maket.
-Westrock also devlops new products which also generates good revenue .It has innovation fixed in their products through which customers are attracted to the products .
Weaknesses
-The variety of products that is sold by westrock has rift in them and that may give its rivals the advantage to cross them over the market.
-Westrock is not so sucessful in merging the business with different working styles and the business thats is tried to be merged may have some loss in its field as they will have their own style of work with which they run their business.
-Making huge investment in the channel can effect the company in the long run affecting the devlopment of the company.
-The product that is sold by the company doesnt have every feature that is fancied by the customers eventhough though the poduct is having a high selling point but the lack in the aspects can be a problem in the future .
-The company needs to spend more on the new technologies so that it can broaden its market range and get acess to the new areas and in new locations so it needs to spend more on latest technologies .
Oppurtunities
-After years of decline in the business activity now is the chance for the company to get new customers from the market and increase its sales and business after a delayed progress in the sales now is the chance for westrock to gain a good profitt margin.
-As the change in the style of the customer attitude can give an oppurtunity to acess new markets and generate cah flow and branch out for new products
-The advancement in the market can result in the neutralization of companies rivals benefit and let the westrock develop its abitiousness in comaprison to its rivals.
-Due to the government agreement the westrock can get acess to new markets and get new oppurtiunities for the products in the markets .
Threats
- The companies has its branches all over the world as different countries have diffferent value of currency so there is a threat of curency vacillation which can result in the loss of revenue.
-People doing online shopping can affect the foundations of the company ina negetive way cause the infrastructure built wont have any value if the people relyed on online shopping .
-Increase in the quantity of the raw material can affect the aptness of the company.
-Brand-new technologies introduced into the markets by its rivals can reversely affect the economy of the company.