Swot Analysis : Minit Lube Company

In many states and towns across the United States Dollar General is a household name. The first Dollar General store opened in Springfield, Ky. on June 1, 1955, as a wholesale business in Kentucky, to dispose of a large quantity of lingerie. Their concept was simple no item in the store would cost more than one dollar. The idea became a huge success for J.L. Turner and his son Cal Turner Sr., other stores were quickly converted. By 1957, annual sales of Dollar General’s 29 stores were $5 million. J.L. passed away in 1964. Dollar General History (n.d.). Four years later, the company Cal Turner Jr. co-founded went public as Dollar General Corporation, posting annual sales of more than $40 million and net income in excess of $1.5 million. In 1977, Cal Turner Jr., the third generation Turner, succeeded his father as president of Dollar General. Cal Turner Jr. directed the company until his retirement in 2002. Today Dollar General is a leading discount retailer now have 13,000 stores in 43 states. The company remains true to their humble ethic of hard work and friendly customer service exemplified by the founding family.

Dicks Sporting Goods retailer is one of the leading companies in selling athletics products. Over the years, the company has achieved tremendous milestones in the industry. However, this being a competitive sector, there are various factors that inhibit the company 's progress. This research paper will conduct a SWOT analysis of the company, and there after offer possible recommendations on the effect.

Lowe’s is a hardware store that sell products from vacuum and dishwashers to wood and other hardware equipment. Lowe’s sell products for home improvement and construction. Lowe’s was originally founded in Wilkesboro, North Carolina in 1921 by Lucius Smith Lowe. His daughter Ruth inherited the store in 1940 after Lucius passed away. She then sold the franchise to her brother Jim. Jim partnered with Carl Buchan in 1949 under the management of Buchan. Jim and Carl had several disagreements as far as the expansion and diversification so in 1954 the partners split making Carl the sole owner. He successfully expanded the business to other cities in North Carolina. Then he passed away in 1960 leaving the store to his executive team of five people. They made the company public in 1961. The former headquarters for Lowe’s was originally located in Wilkesboro, now located in Mooresville, North Carolina. The once small town business has expanded to a well-known name brand is currently located in several countries.

a business venture. It involves specifying the objective of the business venture or project and

Lululemon operates in an era in which the world has become much more intertwined due to 2.4 billion having access to the internet. People are more connected to not only others but also the world around them. This has to lead to a natural hunger for connectivity in our daily lives. Lululemon is piloting in-store technology and RFID programming (Radio Frequency Identification Device) to give customers better access to the item they are looking for in real-time, including online inventories while they shop.“The system has increased the company's inventory accuracy to 98 percent”, says Jonathan Aitken, Lululemon's RFID program director. “The company's ability to get access to RFID-based inventory data and choose to sell goods online or in store

According to the MKGT, Third Canadian Edition by nelson education, the SWOT analysis is to identify the strategic direction of the firm through conducting a situation. (LAMB, 2016, p. 36) . Additionally, there are some noticeable factors that assist to clarify Hobby Lobby International, Inc.’s strength, weaknesses, opportunities and threats. For examples, while it has unique features by service and product differentiation to support to be perceived in the target market as significant to the competition, there is serious issue such as brand and target market confusion because of the trademark dispute, so this will affect on its business for loss of its core customers and financial downturn in order to resolve the issues. Moreover, there would

Bernie Sanders is a Democratic candidate for President of the United States. In 2006, he was elected to the U.S. Senate after 16 years as Vermont’s sole congressman in the House of Representatives. Bernie is now serving his second term in the U.S. Senate after winning re-election in 2012 with 71 percent of the vote.

JC Penney stores sell conventional merchandise including clothing as well as shoes and also an array of leased departs like Sephora, salons, optical centers and portrait studios. In 2006, JC Penney has begun the partnership with Sephora to lure in young female consumers and aims to have a total of 140 Sephora stores in JC Penney by 2017 (Kezar, 2017). Sephora has since then been one of the most profitable sector in JC Penney. In 2016, home appliances is also brought back to select stores for the first time in 30 years (Bailey, 2017). This includes the introduction of new appliance showrooms for the home department expansion. In addition to adding Sephora and home department to JC Penney, women’s apparel product has also revitalized by adding more products selection and improve shopping experience. During the first quarter of 2017, Nike products is added to all stores and adding Adidas products to more than 400 locations. JC Penney also expands footwear and Boutique+ brand which is a plus-sized women’s wear to cater more audience(Kezar, 2017).

Inimitable (costly to imitate) - Best Buy has a lot of retail locations in the US which makes it very easy for consumers to get help purchase electronics. Also, because they have so many locations this makes it easy for customers to get help.

The substantial market exists for automobile turn up, oil change, and lubrication service for more than 250 million vehicles on the roads. Various types of companies that can service the vehicle for fill service auto dealership too, Walmart, Firestone, Minit- Lube, Jiffy-Lube, and other like company have selves to servicing automobiles.

The Minit Lube is expected to keep their inventory low while enjoying a high inventory turnover, which translates to decreased storage cost. Since their vendors are aware and fully understands the type of operation ML runs, emergency shipments of products should not be an issue.

PAC Resources, Inc. is a small manufacturing company that specializes in high-quality specialized components for computers. Recently the company has faced a number of issues involving depleting sales, employee unrest, poor management and employee relations, and a lack of HR support. Currently, there are several pending decisions to be solved involving the organization and the HR department, human resource development, safety and security, staffing, compensation and benefits, and employee relations. Ultimately, to resolve these problems the solutions will take account of a SWOT analysis of the company along with multiple sources, potential alternatives, and dissenting opinions as a guide to the best

Andrews Corporation is a multimillion dollar company that was designed when the parent company was mandated by the SEC in a monopoly settlement. This action resulted in six smaller companies. Along with the other five companies when the government split a monopoly into identical competitors, Andrews manufactures and sells sensors in five diverse market segments. As a monopoly, operating inefficiencies and poor product offerings were not addressed because increasing costs could be passed onto customers. Secondly, mediocre products would sell because customers had no other choices. Although last year’s financial results were decent, it is now our job increase product sales, marketing strategies, efficient production, and proper financial management to achieve financial greatness.

Service quality represents a fundamental aspect of delivery, which strongly influences consumer satisfaction and, as a result, loyalty. In today’s global market a customer’s service expectation has to be met and exceeded eventually in order to retain customers as well as achieve success. Perceived quality of a product or a service is becoming one of the major competitive factors in the business world and has led to the innovation of the ‘Quality Era’ (Peeler, 1996). In simple words, the comparison of customer expectations with service performance is service quality. On the other hand, customer satisfaction is defined as a pleasurable fulfilment response toward a good, service, benefit, or reward (Oliver, 1997). Both of these

The time for change has come to the Pemancar Company. Pemancar is an automotive part production company that was established in the late 1970’s and is located in Peninsular, Malaysia. Through the years the company has been owned by several different state and federal government agencies. In the mid 1980’s the company was taken over by KL Corporation (KLCorp), this corporation is one of Malaysia’s leading conglomerates. Also since the KLCorp acquired Pemancar, the company has made an agreement with a Japanese company that would ensure that Pemancar would be equipped with the latest technology as well as the expertise of their production. The Pemancar Company employs approximately 1700 employees between the seven different departments; the employees carry the positions of operators, clerical staff, supervisors, and management (Abdullah, 2012).