Software Company Essay Example | Topics and Well Written Essays - 250 words

Software Company - Essay ExampleStrengths Good knowledge about distinguishable software development languages and platforms Owner is aware of cross cultural diversity and whitethorn adopt a new marketing and management strategy talent to forecast increases the chances of survivability for the company during financial recessions High-quality product and cost-effective price Interested and passionate about software development Professional Web design and education architecture Good company locationWeakness Lack of reputation in (country name) market Owner has to prove himself in (country name) market Because company is a sole proprietorship, may be slow response time for customers Limited production rate Limited growth rate Services are limited to medium-sized and large companies chance Software development is a thriving industry Future strategic alliances Retainer contractsThreats New competitors entering markets New technological changes Economic slowdown Political, legislative, a nd regulatory changesActions for addressing weaknesses To increase the responsiveness of the company, the owner will always carry small tablet with him at all times.Future growth opportunities will be considered, such as becoming a registered company to increase product rate and growth.