Research Paper on:
Dyson Limited

Unformatted Sample Text from the Research Paper:
sociocultural and technological) analysis. By looking closely at these internal and external factors, this company can be carefully reviewed and a strategy planned which could serve to better augment  their current performance. The SWOT and PEST frameworks point to the importance of both the external and internal phenomena in understanding the sources of competitive advantage. The development  of tools for analyzing environmental opportunities and proceeded more rapidly than the development of other tools as far as the analyzing of a firms internal strengths and weaknesses. SWOT  ANALYSIS SWOT stands for strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal factors. SWOT analysis can be very subjective, however, and one should not rely on it  too much. Rarely do any two people arrive with the same final version of SWOT. It is best used as a guide and not a prescription. Strategic  managers and researchers have always been interested in the competition between firms. This effort is normally focused on the relationship between a firms environmental opportunities and threats on one  hand, and the internal strength and weakness on the other. This analysis, known as the SWOT analysis is traditional logic which suggests that firms such as Dyson Limited use  the internal strengths in exploiting these opportunities while avoiding internal weaknesses and are more likely to gain competitive advantages than other firms (Porter 1998). When considering what Dyson Limited could  do to improve their leadership style or to further develop their leadership potential in their industry, they should consider these four basic steps to take when dealing effectively with conflict  within their organization by using the SWOT analysis. The emphasis to improvement lies in the following areas: Directing. This involves making decisions within the Dyson Limited organization for