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SWOT ANALYSES OF GOOGLE
SWOT is an acronym for Strengths; Weaknesses; Opportunities; and Threats. The Strength and Weaknesses are within the organization; whilst the Opportunities and threats are beyond the organization in the wider external environment.
STRENGHTS –
Google has a great customer experience due to the fact that quality and customer experience are the primary objects. The products of Google are aimed at solving customer needs and issues by the customer service provided
Google is also well situated financially amongst the most profitable companies in the world with earnings nearly $50 billion and $11 billion profits. The company also boast of $48 billion in cash and just $7 billion of debt which makes them difficult to compete
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An example is the use of Googles web browser which will encourage customers to try Googles own mobile phone and operating system. One exciting experience of a customer on one of Googles product or service would in no doubt give rise to customers searching for other products that are Google related.
A culture of innovation which is the underlining culture of Google is responsible for the exceptional and unique products that they offer yearly. Googles innovative work culture is one of its main competitive advantages. This is reflective in the work culture that it currently exhibits. Employees are not restricted and tied down with formal attires and behaviors. Google actually takes care of the employee’s day to day personal activities like laundry, house chores and day care so the employees can focus all their attention and brains on being
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Addressing this concern that is shown in the SWOT analyses will ensure that consumers continue to reap the benefits of competition in the online marketplace and in the market for innovative wireless devices they enjoy. This agreements will give competitors access to standard-essential patents and advertisers will get more flexibility to use rival search engines.
One of the main weaknesses of Google is the high dependence on advertisement as its primary source of revenue. The advertising segment accounted for 96% and 97% of the total revenue during years 2009 and 2010. The concentration of revenue from one segment could adversely affect the profitability of the company therefore would suggest diversifying its business strategy. Google should embark on online video services and even though it has the google chrome stick, it still do not match up with rival gadgets like the Roku and the others. Google could follow the likes of Netflix and Amazon Prime in order to have another source of income generation. Google could team up with major internet service providers like Time warner Cable whereby users and customers can easily and quickly search the internet through their remote control straight from the televisions. This is however dependent on the number of people that have smart televisions but in this technological age, such equipment’s are no
When managers seek to improve their sport organization often times they refer to SWOT. SWOT is an acronym which stands for strength, weakness, opportunity, and threat. These four areas are tools used to address and fix any issue that an organization may have internally or externally. The Dallas Cowboys are an NFL team that uses these four categories to address any issues they may have in order to improve any imperfections for the betterment of their Franchise.
A SWOT analysis is an acronym that stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT is a planning evaluation used by businesses and organizations.
Discovering new opportunities and manage and eliminate threats that are present in the company and the surrounding market. SWOT is a valuable technique that leads to a better understanding of the strengths, weaknesses, opportunities and treats both internally and externally. The strengths and weakness are to be considered internal factors and opportunities and threats to be e... ... middle of paper ... ... opment is a good way to define the upcoming changes for a company from within.
Todd Dagres, general partner at Boston's Spark Capital, says that Google's large market cap of $130 billion makes it much more vulnerable to lawsuits than a private company such as YouTube. "Once Google starts to apply its monetization machine, there is going to be more money at stake and people are going to go after it," says Dagres. "You cannot monetize other people's content without their approval."
As Google expands the reach of their projects they also expand their competition. Market competitiveness is one of the largest threats to Googles success. “I used to have this debate with Steve Jobs, and he would always say, ‘You guys are doing too much stuff,’” says Page. “He did a good job of doing one or two things really well.” While the formula worked wonders for Apple, Page says his vision for Google is different: “We’d like to have a bigger impact on the world by doing more things.”
The Google company has engaged the controlling location and position in its industry since the launching due to its unique product which is a result of its unparalleled working location. Google has moved out on to achieve the largest share of online searching engine as it affords its users with a product that is difficulty exchanged even though there are a lot of challengers. By analyzing and examining the internal and external environment of the company, it is obvious that Google company is running un efficient machine, giving attention to the most of customers and it ensure that it offers a quick and reliable product to its customers.
Google is known for its many perks it grants to its employees. The company’s corporate office is located in Southern California and its employees refer to its corporate office as a “campus.” Its corporate headquarters is known for its beautiful office space. Googlers are provided with free food and drinks, shuttle transportation, and daycare. Google’s headquarters is known for its playful interior design, which is used to inspire its employees creativity and efficiency. Google believes that by treating its employees properly, it will motivate its employees to work more efficiently, therefore producing quality services and products. The company’s employees are one of the company’s greatest assets (5). Its employees are in fact, stakeholders of the company and Google looks out for their interest, as any business that practices ethics
2. With the benefits that Google provides to its employees to maintain a balanced lifestyle, Google is an incredible company to work for although it demands long hours, dedication, and hard work from all employees. Nonetheless, even though Google is an excellent company, due to research and past examples, Google must focus on its hiring process more because many qualified employee’s leave because of their long and tough hiring process.
What is a SWOT analysis? This concept involves assisting businesses to identify their strengths, weaknesses, opportunities and threats. It is often used to analyze an organization and its environment. Businesses find the analysis useful in assisting them to improve their business, establish goals and objectives.
The public’s perception of these two products is very different. Most people see Google as ‘the’ search engine; people have grown up with it and its most people’s first stop when searching for something on the internet, in fact when people are unsure of something they’ll often use the expression “I’ll Google it”, this sums up how important Google is in everyday life. There is however a small problem that accompanies brands that get as big as Google and that is a fear of a monopoly and how much power a company has over the economy/ the entire world.
Google Inc. is a company that started in 2002 and has gradually grown to become an international technology company. Google’s business is mainly focused around vital areas, like advertising, search, operating systems and platforms, hardware products and enterprise. The company produces its revenue mainly by distributing online advertising. Google also produces revenue from Motorola through selling products. The company offers its services and products in over 100 languages and in over 50 regions, territories and countries.
Google is a multi-billionaire company that was founded by Larry Paige and Sergey Brinn in September 1998. Google housed more than 40,000 employees and it is now still increasing. In 2014, the company has 53,600 employees. There are several products created by Google, some of the well-known are Google Search, Google Scholar and Google App.
Its persistence and incredible energy are definably the keys of success. The first model created inside the company was focusing on the users, and the rest will be followed achieved. Also, the company figured out that being great at one thing was going to be the right path to follow. Plus, especially when dealing with technology, being able to provide a fast service was going to gain numerous customers. Moreover, Google’s model was based on democracy and ethical behavior. It is not necessary to become evil in order to be successful. Information is precious and a company like Google is always in need of information. There is plenty of information out there waiting to be found, and it only needs someone to look in the right place. Dressing like a professional does not make a person one. It takes skills, abilities and education. Finally, progress will never stop, and when someone thinks that he or she had reached the top, something will come up. In order to be successful, a person or a company should not stop
Employee focus (Google has a unique culture and policies to promote innovation. The company strives to employ the most qualified applicants and reward the greatest contributors, in order to promote good performance and facilitate hiring and retention)
Google has a high job satisfaction of 84%, and is named the best company to work for, four consecutive years in a row. ("Google Named Best Company to Work for for Fourth Year.") Google appears to have a fun, upbeat, exciting work environment, while actively following their philosophy, which is “to create the happiest, most productive workplace in the world”. The Google campus has cafes, coffee bars, open kitchens,