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 crapper of capabilities which enables them to demand such a powerful commercialize home base in the steel business. The SWOT analysis represents a gilds Strength, Weakness, Opportunities and Threats. Strengths: One of Nucors strengths is their ability to develop muscle 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 wholesome market share. Nucor is cognize for producing quality products and fast delivery. In addition, the troupe is well established so they have a flummox loyalty which secures their sustainability. According to the case study, because Nucor is a well cognize 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 equity of its major weaknesses is they are centrally located in the U.S. entirely 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 out with its competitors for the overseas business. Nucor prides itself on keeping terms 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 cr! ipple Nucor financially. They experienced this in 2008 when the frugal 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 development its market share and revenue. The bendth in this market would actually build up the market and if they are as innovative...If you want to get a full essay, order it on our website: BestEssayCheap.com

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