When it comes to socialism, it has it strength and weaknesses, opportunities and it has its threats. Consequently, socialism is a social organization with theory with political and economic that advocates the mean of production and distribution. However, the strength of socialism can give power to and individual or company, by equitable distribution of product or income that is rapid growth this a possible feedback. When dealing with socialism there is progressivism, communism, social, and Marxism that all deal in labor movement. Furthermore, there are so many characterized socialism by social ownership that democratic control over different production, as well as the political ideologies that helped to establish them. In which the government …show more content…
Nevertheless, when business has more the one competitor this is one of the weakness that can close a company down or the company would have to file for bankruptcy. Less just look at Aeropostale company, they were one of the top line clothing store in United State. In 2001- 2014 Aeropostale company profit margin was 0.2 per over their competitor, but in 2015 – 2016 the company lose the capitalism by 9.0 percent. However, the consumer stop purchasing Aeropostale product. Their competitor American Eagles, Gap Cor, marketing department sit up a better plan to overthrow the Aeropostale and take over their profit margin through their sell pitch. When running a multimillion-dollar company, your market department, and sell should all stay on stop of what is going on with competitor. “The phenomenon of natural selection has become a popular metaphor for understanding the workings of the market. Organizations that can withstand rapid change survive, it is believed, because they are better adapted to dealing with today's volatile markets than those that cannot withstand such change” (Piety, M. G. (2004) (Pg. 105). Furthermore, mismanagement in a company will also be weakness for the capitalism all company should have long-term and short-term plans for the success of any company or business. All marketing plans for company and business should be work on daily, and have someone in place at all time to see what or competitor are up