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Thursday, 3 October 2013

Chapter 4: Evaluating a Company’s Resources, Capabilities and Competitiveness

Salam. Hye friends! :D

In my previous post, I have shared with you on what I have learned in the class for topic 3. Now, let’s we move on to the topic 4 which is covered on Evaluating a Company’s Resources, Capabilities and Competitiveness.  What is actually all this words meaning?

Resources: any raw material used by the company, asset, man power, machine, etc
Capabilities: how the organization and the business utilize the resources
Competitive: being better other than rival

On this chapter, I also learned on SWOT analysis as well as TOW’S Matrix. This analysis is use to know the strength and the weakness of the company to make it sustain and able to compete with other rivals. In my own thought, this analysis also can be used in any other field that we want to analyze. Even in analyzing ourselves, it is also suitable for us to use SWOT analysis.  From that, we will know our strength, weaknesses, opportunity and any threat towards ourselves. In short, an improvement can be made to overcome the weaknesses and the opportunity can be taken as chances to change ourselves to become a great person.  :D


I think that’s all for today. Till meet you again on my next post. 

Wassalam. J

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