Nucor Steel Swot

Sylvia G. Evans Nucor Case Study Part-4 Management Decision Making-MGT 240 Trident Technical College prof Daryl Milligan Nucor Corporation SWOT Analysis Nucor Corporation has a component of capabilities which enables them to demand such a powerful commercialize basis in the steel business. The SWOT analysis represents a partnerships Strength, Weakness, Opportunities and Threats. Strengths: One of Nucors strengths is their ability to develop strength saving(a) ideas to produce steel and they build plants with low pollution levels. Nucors technology has allowed them to lower the address of their products which helps them to maintain a starchy market share. Nucor is cognize for producing quality products and fast delivery. In addition, the guild is well established so they have a look into loyalty which secures their sustainability. According to the case study, because Nucor is a well know company they have strong buyer and supplier relationships.   fundamentally for steel in the U.S., Nucor would be the vendor of choice. Weakness: For Nucor single of its major weaknesses is they are centrally located in the U.S. only if of their plants are basically doing business right here in the United States.

In the case study this posed a problem for Nucor because they were not able to make do with its competitors for the overseas business. Nucor prides itself on keeping toll low for its customers. However, the shipping and distribution cost would be very expensive and the cost would have to be passed on to its customers. Another weakness, if the demand for steel diminished in the U.S. past history showed it could cripple Nucor financially. They experienced this i! n 2008 when the economical system pulled back. Opportunities Nucor needs to re-position itself in the market to effectively compete with its overseas competitors. If they did this then Nucor will be able to out letth its market share and revenue. The bendth in this market would actually grow the market and if they are as innovative...If you want to get a full essay, order it on our website: OrderEssay.net

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