This company has a
specific goal in the snack food industry. The strengths, weaknesses,
opportunities and threats are a certainty for every company but it is important
to identify them to maximize success. "Strengths include internal
capabilities, resources, positive situational factors that may help the company
to serve its customers and achieve its objectives." The strength of the
company is the fact that there really isn't any other snacks like this that are
bit size and have the crunchy outside with a soft inside that has exotic flavor
like that of a remote island off the coast of India. "Weaknesses
include internal limitations and negative situational factors that may
interfere with the company’s performance." The weaknesses for the snacks
would be probably making the flavor too exotic overt the tastebuds of typical
Americans that are just looking for the regular, bbq, sour cream and onion.
Overcoming that would be to start exotic and work our way down to more simple
flavorings. "Opportunities are favorable factors or trends in the
external environment that the company may be able to exploit to its
advantage." Our opportunities here are to exploit a new type of snack and
in this world of trends, a trendy new flavor to explore. This provides the consumer
with a different but delicious alternative to snacking at anytime of
day. "Threats are unfavorable external factors or trends that may
present challenges to performance." The threats were actually also
mentioned early. Those are the typical Americans who only are looking for
simple Americanized flavorings for snacks, which inevitably if we have to
accommodate to we will. "The goal is to match the company’s
strengths to attractive opportunities in the environment, while eliminating or
overcoming the weaknesses and minimizing the threats." With all of these
factors in place the Phileas Fogg Sri Lankan Somosas Puffs will be the hit of
any snack time hunger sensation.
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