Target Corporation Strengths And Weaknesses

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E. Summary of Strengths and Weaknesses Strengths Weaknesses
Management
• Functional management
• Strong and adept management
• Professional and quality-driven corporate culture
• Proper information dissemination within the organization
• Enterprise Risk Management Committee • Functional groups have a tendency to not communicate with each other, potentially decreasing flexibility
Marketing
• Strategic locations that attracts a volume of potential customers
• Provision to expand internationally and in different segments
• Well-designed facilities and top-tier service offerings • Target consumers belong to a smallest segment of the population
• Offerings and marketing are primarily targeted towards the upper class

Finance
• High average cash balances.
• …show more content…

Internal Risk Assessment

Risks Description
Management
Conflicting interest Conflicting interest of the management
Sub-optimization Lack of goal congruence
Force majeure (ex. fire, robbery, etc.) Acts done by the employees of the company
Loss of competitive advantage Tampered reputation
Financial mismanagement Internal control breach
Operations
Employee mutiny Different interests between the management and the employees that can lead to boycott of their work

G. Issues and Challenges Arising from Internal Analyses

The analysis of the company's internal environment is based on the strength, weaknesses, and and the risks tied to it. Bloomberry's using functional structure and this enables the company to be efficient because the employees are grouped together by a function in accordance with their shared skills and knowledge. However, this could also lead to miscommunication and could decrease the Parent Company's flexibility and innovation. Bloomberry is able to prevent this possible problem through providing a proper information dissemination within the organization. They also established an Enterprise Risk Management Committee (ERMC) to ensure and effective and integrated risk management for the

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