Social Icons

Pages

Friday, 23 January 2015

Seventh Meeting..

D-15

Date: 09 January 2015
Time: 9.00 pm
Place: Kolej Kediaman 2 (KK2)
Activity: 

1. To define about the industry background of restaurant.

2. What is SWOT?

SWOT is to learn how organizations associated  with the present and how the situation faced by the organization in the future by considering several factors. The factors taken into account are strengths, weaknesses, opportunity and threats. SWOT analysis is a method for the preparation at the strategy undertaken by an organization.

SWOT Components:

STRENGTHS

Refers to the advantages, privileges and abilities possessed by an organization that not have with other organization. Strengths will give organizations the ability to compete.
The sample questions are:
  • What are the advantages possessed by the company compared to the other company?
  • What can companies do differently from the other companies?
  • What are the things that enable customers loyal to your product?
WEAKNESSES

The business situation when face the competition. Weakness in the business is a lack of resources, expertise, skills and abilities that a major barrier for a business.

OPPORTUNITIES

The opportunities and potential of a business. New or innovative invention can expand the business or organization in the market. Any changes in the market offers a variety of opportunities to be exploited in business. Opportunities can make business more competitive against the major competitors and can move or shift into new markets.

THREATS

The possibility of involving external factors that can move and organizational progress. Changes in external environment also can make a threats to the organization or business. The threat is a situation that threatens from the external organizations. Threats also refers to the risk management. The best way to solve problems or obstacles that arise in the business or organization can determine. In this analysis, a smooth planning and organization should identify and list the threats and factors that prevent the organization or business from success.

HAPPY FAMILY RESTAURANT'S SWOT ANALYSIS:

Strengths:

  • Provide a variety of delicious and interesting food.
  • Service was friendly family concept.
  • Reasonable price.
Weaknesses:

  • Lack of communication skills among workers.
  • No regular customers yet because the new restaurants.
Opportunities:

  • Not only provide food but also promote about the family concept.
  • Each employee is required to attend courses to improve communication skills and in handling food also be well trained employees.
Threats:
  • Difficulties in getting employees.
  • Difficulties to get raw materials.
  • Difficulties to make a loan.

3. Discuss about the questions for the the next interview in financial department. Among the list of place to be interview are Refa Cafe and Seribu Bintang.

Figure 7.1: Seventh Meeting

Thank You.
Prepared by Nurul Athirah Fakhira Binti Azaman (S19718)
Updated by Siti Dayangku Intan Liana Binti Tahir (S18990)



No comments:

Post a Comment

 
Blogger Templates