Airbnb connects travelers from all over the world with local hosts. As a traveler or guest, you browse through Airbnb’s extensive catalogue of listings. Then you select a room that fits your mood. The host is paid for offering a space for resting and relaxation, much like a hotel. Except the guests get a unique, inexpensive experience that hotels can only struggle to compete … [Read more...] about SWOT Analysis of Airbnb: Is its business model flawed?
5 Surprising Disadvantages of SWOT Analysis
SWOT analysis is beloved. It’s touted for bringing quick insights. You don’t need data (although you should have it). You don’t need to hunch over your desk until your shoulders throb and your hand cramps. Any information you uncover may be used immediately to reach your goals. If you so choose. So, what’s not to like? Well, a few things, actually. SWOT analysis may … [Read more...] about 5 Surprising Disadvantages of SWOT Analysis
Why Invest in Technology Business in Portugal?
The Republic of Portugal (the official name of Portugal) is a small country with a warm climate, picturesque nature and a rich history. This is the westernmost country in Europe, on the territory of which one of the extreme points of continent Eurasia, Cabo da Roca, is located. Because of its proximity to the Strait of Gibraltar and the Atlantic Ocean, Portugal’s geographical … [Read more...] about Why Invest in Technology Business in Portugal?
PESTLE Analysis of IKEA
IKEA, a Swedish-based brand, offers lavish home decor and furniture at low prices. Stores are open worldwide, offering a range of products. Some you can find in every location; others are culturally specific. As a brand, IKEA is complicated. It’s a one-stop-shop for all your household needs. It’s also routinely in the news. Sometimes, it’s for cultural insensitivity. Other … [Read more...] about PESTLE Analysis of IKEA
6 Frustrating Disadvantages of PESTLE Analysis
We talk about PESTLE analysis a fair amount here. It’s a fantastic method of understanding how six factors affect a business or project. These six factors include: Political Economic Social Technological Legal Environmental The problem is, PESTLE analysis does have its disadvantages. It’s not perfect. Although it’s used primarily as a strategic tool for … [Read more...] about 6 Frustrating Disadvantages of PESTLE Analysis
A Thorough PESTLE Analysis of eBay
eBay appeared on the internet 23 years ago. It’s one of those dot-com bubble success stories. It began as nothing but a side hobby and has developed into a multibillion-dollar business. Everyone knows eBay. Sellers exist all over the world. Despite the profound brand recognition, the company’s reputation isn’t as squeaky clean as it once was. Take a look at how the six … [Read more...] about A Thorough PESTLE Analysis of eBay
This Is Why SWOT Analysis Is More Important Than You Think
Have you ever wanted to know your true strength? Maybe you’re tired of watching opportunities slip by — but don’t know how to grab them. Everyone has struggled with these issues at some point. Any job interviewer is likely to ask you, “what are your biggest strengths and weaknesses?” It feels like a trap. Be too braggy and the interviewer might hate you. Say the wrong … [Read more...] about This Is Why SWOT Analysis Is More Important Than You Think
3 Reasons Why All Business Analysts Should Embrace SWOT Analysis
A business analyst studies a variety of studies to use as problem solvers. Everything from a risk analysis to STEEPLE is known — even used — by the average analyst. An analyst needs a heavy arsenal of variety to treat the many different problems arising in a business. And that arsenal wouldn’t be complete without SWOT analysis. Trouble is, because of its simplicity. Yet it’s … [Read more...] about 3 Reasons Why All Business Analysts Should Embrace SWOT Analysis
Why We Love PEST Analysis (And You Should, Too!)
We discuss PEST a lot here. It’s even in the name at the top! PEST analysis is a type of analysis, often used as a strategic tool for business owners, analysts, and the general public. You don’t have to be an obsessive nerd to know or use PEST analysis. But you should have a need. Maybe you’re starting a business. Or you’re curious how corporations are affected by … [Read more...] about Why We Love PEST Analysis (And You Should, Too!)
How To Solve The Biggest Problems With PESTLE Analysis
You’ve got a business problem. Maybe you’ve had one before. Like tax issues. Or a shift in political parties (and their new regulations) strangles production value. Perhaps you’re considering expanding into another state or country and don’t want any more surprises (because surprises in business are rarely a good thing). PESTLE analysis can help you fix your biggest problems … [Read more...] about How To Solve The Biggest Problems With PESTLE Analysis