Planning and Control
SWOT ANALYSIS As marketers we have to be aware of any changes that could affect Sound Tec. These changes can be internal and external knowing our strengths, weakness, opportunities and threats (SWOT) we can have an idea of were our company is at and what we are capable of doing. SWOT analysis also helps us in developing new strategies for the future. At Sound Tec we have a motto we go for maximise opportunities and strengths minimise threats and avoid weaknesses. Strengths and Weaknesses INTERNAL The components in the internal environment are the ones we are able to control as they happen inside the company so we are able to mange how we can utilise these in a constructive way for the company’s benefit. Profitability, At Sound Tec we try to push our sales up and keep our costs down we constantly reviewing our debts and financial strategies to make sure we are making a profit not a loss. We have the ability to generate revenue in excess of the cost in producing our inputs.