SWOT Analysis: Enviro-Wave, Inc.
Enviro-Wave, Inc. brings the convenience of preparing food to new levels. Together with the use of state-of-the-art technology and natural resources, Enviro-Wave, Inc. provides. the highest level of development in microwave ovens. We have developed the current design of the microwave oven to run solely without the need of an electrical supply. Our company manufactures and distributes these portable microwave ovens, complete with a 12-volt backup battery pack, to supply individuals and companies of the labor workforce with an energy saving, environmentally friendly, and convenient alternative to those unable to gain access to heated and nutrient enriched meals on the job, camping, or traveling.
Enviro-Wave, Inc. is located in Miami, …show more content…
Enviro-Wave strives to meet and exceed core values at all times. The organization encourages each employee to approach their daily duties with integrity, commitment, a vision of teamwork, consistency, and the upholding safety regulations. Innovation is always favorable as we insist on inspiring and motivating our employees to continuously reach their maximum potential while delivering excellent service.
Strengths: Uniqueness of our product on the market, worldwide material distributors, market potential, supportive leadership.
Weaknesses: No market presence, Scarce networking ability, time consuming team member training.
Opportunities: Product expansion, worldwide sales and distribution, education on energy conservation.
Threats: Low demands, supplier dependent, weather impacts on product use capability.
The competitive advantage Enviro-Wave Inc. presents is a distinctive product new to the market with potential demand and investment …show more content…
if deemed necessary. If our product sales do not meet expectations or the current economy is not favorable, the first course of action we plan to take is to downsize. We will reduce production and employment until a period of forecasted growth. If the company accrues overwhelming amounts of debt and can no longer operate, the company will sell shares to possibly satisfy accrued debt or claim bankruptcy. In the case of a natural disaster, Enviro-Wave Inc. has an off-site warehouse that houses inventory backup stock as well as data backup on all servers. The organization has also established a disaster recovery plan that includes what to do in case of a crisis, locations of all fire extinguishers, emergency exits, and first aid kits. Organizing: Enviro-Wave, Inc. is run on a functional organizational structure. Our organization starts with the Chief Executive Officer, then branches into departmental Vice Presidents that report all activities, budgets, and technicalities back to the Chief Executive Officer during a general meeting held once a month. The Vice Presidents handle the majority of the department while delegating day to day activities to the department manager. In the operations department, the manager delegates activities and denotes production and performance expectations to each individual shift