2. SWOT basically stands for Strength, Weakness, Opportunity and Threat The analysis is meant to evaluate both the internal and external health of an organization in any industry The analysis enables any company to understand its competitive strength vis-à-vis the other entities in an industry
3. Strengths and Weaknesses are within the control of a company Opportunities and Threats are something that are beyond the scope of a company. The company does not have any control on these parameters The political, economic, social, competitive and techno-legal environment are some factors that can offer either opportunity or pose a threat for a company
4. SWOT is basically a two by two matrix INTERNAL EXTERNAL Strength Weakness Opportunity Threat
8. SWOT Analysis Opportunities- 1- sales and market share of Barbie dolls have declined there is still vast opportunities fro the company in order to regain its dominance in the toy industry. 2- The opportunities include the expected growth of the European market will open opportunities for sales of Barbie dolls. 3- Most of the parents nowadays regardless of status and nation are willing to spend their money on toys for their children. 4-The status of the exchange rates of different monetary units is favourable to the company. 5-The purchasing power of countries from Western Europe is very strong.
9. SWOT Analysis Threats- 1- The high prices of crude oil increase the cost of materials. 2-The increased labor costs in China. 3-The dropped of sales in girl lines due to competition with other products. 4- Powerful retailers that have the ability to limit the products of Barbie thus lowering the sales and shares in the market. 5-The tastes of the consumers changed in dolls needs. 6- 6- The additional frequency of tight testing requirement from Europe is also a threat to the sales of Barbie dolls.