Published in Industrial Products and Chemicals category by MBA Skool Team
POSCO is one of the leading brands in the industrial products and chemicals sector. POSCO 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 POSCO:
Strong market presence and excellent operations globally
Expertise in E-sales & e-procurement
Strong business ethics and work force management
Workforce of approx 30,000 people
Output of over 35million tonnes of crude steel per annum
Above are the strengths in the SWOT Analysis of POSCO. The strengths of POSCO looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Bargaining power of suppliers and buyers
Restricted global penetration
High dependence on Korea for its operations
These were the weaknesses in the POSCO SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Strategic partnership with competitors
Enforcing strategic sourcing alliance
Backward & vertical integration
Above we covered the opportunities in POSCO SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Increased competition and Substitute products
New entrants in the market
Government & Environment regulations
The threats in the SWOT Analysis of POSCO are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Construction, automotive, transformers, ships industry
World leader in competitiveness in steel manufacturing technology
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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