Question

Use the SWOT to analyze the KONE company (elevator company).

Answer 1

Answer:- SWOT refers to analysis of the company on the basis of its Strengths, Weakness, Opportunities and Threats. It is one of the proven management framework that helps to know well about the concerned company's performance in respect to its competitors.

KONE is one of the leading brands in real estate and construction sector.

Its SWOT analysis is as follows:-

• Strengths - A large variety of resources and being a market leader helped to increase its market operations at affordable costs.
• Weakness - Fluctuation in exchange rate is one the weakness of KONE company.
• Opportunities - Vast resources and strong research and development operations.
• Threats - The biggest threat to an organisation in the market is presence of its competitors operating on large scale.