Topic > What is SWOT Analysis in Staples - 571

SWOT analysis is an extremely useful tool for understanding and making decisions for all types of situations in business and organizations. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.STRENGTHS1. Staples has the second largest Internet retail revenue in the world This means it dominates the majority of the Internet retail market2. Increased customer satisfaction.3. Ability to bring differentiated services and programs to market more quickly and efficiently With globalization the company is now able to bring its products and services to different markets at the right time.4. Support for rapid business growth through greater infrastructure scalability and resilience5. Innovative culture helps Staples. Staples has an innovative culture which means that the organization is able to create new ideas and also implement these ideas coming from various employees.6. Experience gained from global experience The company has gained various experiences dealing with different cultures of the world7. Size adv...