The internal analysis and external of the company also can be done through SWOT Analysis, summed up in the Exhibition F.
Strengths
• Iflytek Leading Chinese Speech Technology has an experience of about 140 years, enabling business to much better perform, in numerous circumstances.
• Nestlé's has presence in about 86 nations, making it an international leader in Food and Drink Market.
• Iflytek Leading Chinese Speech Technology has more than 2000 brand names, which increase the circle of its target customers. Famous brand names of Iflytek Leading Chinese Speech Technology consist of; Maggi, Kit-Kat, Nescafe, etc.
• Iflytek Leading Chinese Speech Technology has large big of spending on R&D as compare to its competitorsRivals making the company to launch introduce innovative ingenious nutritious products.
• After adopting its NHW Method, the business has done big quantity of mergers and acquisitions which increase the sales growth and improve market position of Iflytek Leading Chinese Speech Technology.
• Iflytek Leading Chinese Speech Technology is a widely known brand name with high customer's commitment and brand recall. This brand name commitment of consumers increases the opportunities of simple market adoption of different brand-new brand names of Iflytek Leading Chinese Speech Technology.
Weaknesses
• Acquisitions of those organisation, like; Kraft frozen Pizza organisation can offer an unfavorable signal to Iflytek Leading Chinese Speech Technology consumers about their compromise over their core proficiency of much healthier foods.
• The development I sales as compare to the company's investment in NHW Strategy are quite various. It will take long to alter the perception of people ab out Iflytek Leading Chinese Speech Technology as a company selling healthy and nutritious items.
Opportunities
• Introducing more health related items enables the business to capture the market in which consumers are rather mindful about health.
• Developing nations like India and China has largest markets worldwide. Hence broadening the marketplace towards establishing nations can increase the Iflytek Leading Chinese Speech Technology service by increasing sales volume.
• Continue acquisitions and joint endeavors increases the marketplace share of the company.
• Increased relationships with schools, hotel chains, dining establishments and so on can also increase the number of Iflytek Leading Chinese Speech Technology customers. For instance, teachers can recommend their students to purchase Iflytek Leading Chinese Speech Technology items.
Threats
• Economic instability in nations, which are the prospective markets for Iflytek Leading Chinese Speech Technology, can develop a number of problems for Iflytek Leading Chinese Speech Technology.
• Shifting of items from normal to healthier, leads to extra costs and can result in decrease company's profit margins.
• As Iflytek Leading Chinese Speech Technology has a complicated supply chain, therefore failure of any of the level of supply chain can lead the company to face certain issues.
Exhibit F: SWOT Analysis
