TQM SWOT Analysis

TQM SWOT Analysis

Strengths

Strong Management (TQM) Strong management can help TQM reach its potential by utilizing strengths and eliminating...
Technology (TQM) Superior technology allows TQM to better meet the needs of their customers in ways that competitors...
Customer Loyalty (TQM) When given a choice, customers are loyal to TQM. Instead of targeting all customers, TQM only needs...
Brand Name (TQM) A strong brand name is a major strength of TQM. This gives TQM the ability to charge higher prices...

Weaknesses

High Staff Turnover (TQM) High staff turnover can hurt TQM’s ability to compete, because replacing valuable staff is...
Weak Supply Chain (TQM) A weak supply chain can delay the arrival of products to TQM’s customers. Unnecessary delays can...

Opportunities

New Products (TQM) New products can help TQM to expand their business and diversity their customer base…
New Markets (TQM) New markets allow TQM to expand their business and diversify their portfolio of products and...
International Expansion (TQM) International markets offer TQM new opportunities to expand the business and increase sales…

Threats

Govt Regulations (TQM) Changes to government rules and regulations can negatively affect TQM…
Change in Tastes (TQM) Consumers can change their tastes very quickly. TQM depends on knowing which goods and services...
Political Risk (TQM) Politics can increase TQM’s risk factors, because governments can quickly change business rules that...

TQM SWOT Analysis Profile

Additional Information

What is a SWOT Analysis? It is a way of evaluating the strengths, weaknesses, opportunities, and threats that affect something. See WikiWealth's SWOT tutorial for help. Remember, vote up the most important comments. Check out WikiWealth's entire database of free SWOT reports or use our SWOT analysis generator to create your own SWOT template.