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SWOT Analysis

SWOT ANALYSIS-Indonesian economic system

Indonesian economic system SWOT Analysis

Indonesian economic system Strong points (Strength)

1. the number of humans (human capacity)
2. more and more educated people
3. improved economic development
4. natural resources available
5. moderate climate
6. fertile ground for commodity exports

Indonesian economic system Threats:

a. inflation
b. exchange rate depreciation
c. the current account deficit
d. exchange inventories decline
e. international competition
f. heavy debt burden
g. terms of trade deteriorated
h. capital flight
i. overheated economy
j. monetary crisis and confidence
k. rising unemployment

Indonesian economic system Opportunity:

1. potential to improve the situation
2. tight timing to start combating corruption-collusion
3. assistance from other countries to overcome financial and economic crisis
4. agribusiness development possibilities for the attainment of foreign exchange

Indonesian economic system Weakness:

a. hedonistic lifestyle (consumer mentality)
b. over optimistic
c. corruption-collusion
d. abuse of authority
e. underestimate the difficult problem
f. too easily satisfied.

SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. The technique is credited to Albert Humphrey, who led a convention at Stanford University in the 1960s and 1970s using data from Fortune 500 companies.

A SWOT analysis must first start with defining a desired end state or objective. A SWOT analysis may be incorporated into the strategic planning model. Strategic Planning, has been the subject of much research.

Identification of SWOT are essential because subsequent steps in the process of planning for achievement of the selected objective may be derived from the SWOT.

First, the decision makers have to determine whether the objective is attainable, given the SWOT. If the objective is NOT attainable a different objective must be selected and the process repeated.

The SWOT analysis is often used in academia to highlight and identify strengths, weaknesses, opportunities and threats. It is particularly helpful in identifying areas for development. SWOT Analysis sistem perekonomian Indonesia.