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Target Swot Analysis Paper

292 Words2 Pages
A large portion of the assets on the balance sheet comes from the fact that Target owns a large majority of their stores and distribution centers. Out of 1,792 stores, Target owns 1,537 of the locations across the U.S. Their largest footprint can be felt in California (272 stores) and Texas (148 stores). In March 2013, Target opened its first store in Canada and was operating 133 Canadian stores by 2015. Target Canada is now recognized as being notoriously unsuccessful due to an aggressive expansion program that included higher priced items and less selection compared to Target in the United States. As of January 15, 2015, Target Canada Co. and certain other wholly owned subsidiaries of Target, filed for protection under the CCAA with the
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Abstract I Pick any organization you are familiar with and complete a SWOT analysis for it. You may want to create a chart to help organize your ideas. Refer to figure 5.9 in the reading for an example of how to set up a chart. You may also want to review the SWOT Analysis of Flat World Knowledge as an example. Evaluate which is stronger for an organization -- internal or external factors.

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With several alternative courses of action facing Atomica, it is important to first consider eschewing any changes and exiting the business. Any change to Atomica’s current business plan will cause the restaurant to incur some level of risk, especially with recent uncertainties regarding how Ontario’s minimum wage hike will affect small, independent restaurants. Atomica may decide they cannot afford the risk of any changes presently. Furthermore, continued investment in the business may exemplify a sunk cost fallacy; investing further in Atomica simply because of the money already spent on it. Selling the business while it is profitable can provide BDHG with the capital to venture into another project with stronger market research, or to invest

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Target Corporation is the second largest discount store retailer in the United States following Walmart. Target provides high-quality, trendy merchandise at logical prices. As of today, Target has more than 1800 retail stores and 38 distribution centers in the United States. The first official store was opened in 1962 in Roseville Minnesota and have thrived every since. I will be analyzing Target’s financial statements and communicating the results to our decision makers (Target 2017).

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Unlike their US counterparts who enjoy one-stop shopping, Canadian shoppers prefer to buy from multiple stores. Target should have taken this factor into account prior to entering the US market. Target’s recovery in Canada would really benefit from price reduction since quite many customers complained of higher prices than corresponding Target stores in the US. Also, Target Canada should have a similar range of products as those in Target’s US shops. The survival of Target in Canada can also benefit from effective and intense competitive measures such as cut prices, wide range of products, and filled shelves.

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SWOT remains the universal language of an organization that stimulates influences over the business’s greatest strengths, weaknesses, opportunities, and threats (UMUC, 2017). For that reason, a company should also evaluate internal influences (e.g., the strengths and weaknesses) that affect the business as well (UMUC, 2017). In addition, a company should evaluate external influences (e.g., opportunities, threats) when assessing SWOT (UMUC, 2009). Additionally, when assessing SWOT of the organization, it becomes imperative to assess internal as well as external factors that reflect positively and negatively on the business environment.

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Target’s political action committee allows the company to provide financial support to various political contributions through the use of general corporate funds or TargetCitizens PAC in order to balance business interests with the views of the stakeholders, customers, and employees. Due to both competition and changes in consumer buying behavior within the retail industry, Target consistently works to remain competitive through both price matching and the sale of discounted products in order to achieve customer satisfaction while generating profits. Despite the success achieved within the United States, Target failed to expand their brand into the Canadian market resulting in the closing of all 133 stores, over 17,000 employees losing their

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A bankrupt Target is leaving Canada with its tail between its legs. This is after consumers weren’t provided the service they expected and at a much higher price than expected. There is a man representing Target and their mascot, a dog. It’s shows how Canadians reacted to Target coming to Canada with their unexpectedly poor service and high prices. You see this from the Canadian arrows sticking out of his back as he leaves.

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SWOT Analysis Before we implemented our opioid addiction and rehabilitation service, it was important for us to examine what obstacles we might face and need to overcome as well as what we might be able use in our favor to help with our service. We performed a SWOT analysis to help identify the external opportunities and threats that were present as well as our internal strengths and weaknesses so that we might more efficiently jumpstart our service. External SWOT Analysis

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