BASF SWOT Analysis
BASF is one of the leading brands in the energy & power sector. BASF SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of BASF:
Quick Glance:
BASF Strengths
- Leading chemical company
- Subsidiaries and joint ventures in more than 80 countries
- High product range
Above are the strengths in the SWOT Analysis of BASF. The strengths of BASF looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
BASF Weaknesses
- Cost of enivronmental hazards
These were the weaknesses in the BASF SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
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BASF Opportunities
- New Product development
- Increasing need in asia Pacific
- More development in modern technologies like genetically modified organisms in which they are currently working
Above we covered the opportunities in BASF SWOT Analysis. The opportunities for any brand can include prospects of future growth.
BASF Threats
- Government regulations
- High Competition
- Economic instability
- Controversy regarding chromium Spill in Hannibal can cause future problems
The threats in the SWOT Analysis of BASF are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
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Hence this concludes the BASF SWOT analysis.
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About BASF
The table below gives the brand overview along with its target market, segmentation, positioning & USP
BASF Chemical Company | |
| Parent Company | BASF |
|---|---|
| Category |
Oil & Gas |
| Sector | |
| Tagline/ Slogan |
The chemical company |
| USP |
Largest chemical company in the world headquartered in Germany |
| BASF STP | |
| Segmentation |
Corporates, countries, individuals looking to fulfill energy needs |
| Target Market |
Enterprises looking for energy for production, people for petrol diesel for vehicles and domestic uses |
| Positioning |
Largest producer of chemicals on the world |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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