SWOT ANALYSIS ON United Technologies Corporation

[abhishreshthaa]

United Technologies Corporation (UTC) (NYSE: UTX) is an American multinational conglomerate based in Hartford, Connecticut. It researches, develops, and manufactures high-technology products in numerous areas, including aircraft engines, helicopters, heating and cooling, fuel cells, elevators and escalators, fire and security, building systems, and industrial products, among others. UTC is also a large military contractor, producing missile systems and military helicopters, most notably the UH-60 Black Hawk helicopter.[1] In 2005, it received over $5 billion in military contracts. Louis R. Chênevert is the current CEO.[2] The "Gold Building" at One Financial Plaza, in Downtown Hartford, is the headquarters of United Technologies.


Strengths

* Cost advantage
* Effective communication
* Loyal customers
* Strong management team
* Strong financial position
* Reputation management
* Unique products

Weaknesses

* Bad communication
* Over leveraged fiancial position
* Low market share
* No online presence
* Not innovative
* Poor supply chain
* Weak real estate

Opportunities

* Acquisitions
* Asset leverage
* Emerging markets and expansion abroad
* Innovation
* Takeovers

Threats

• Competition
• Economic slowdown
• External changes (government, politics, taxes, etc)
• Exchange rate fluctuations
• Lower cost competitors or imports
• Maturing categories, products, or services
• Price wars
• Product substitution
  [/Conflict of Interest

 

[Business-education]

Definition of Swot Analysis

According to Investopedia, A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, straightforward model that assesses what an organization can and cannot do as well as its potential opportunities and threats. The method of SWOT analysis is to take the information from an environmental analysis and separate it into internal (strengths and weaknesses) and external issues (opportunities and threats). Once this is completed, SWOT analysis determines what may assist the firm in accomplishing its objectives, and what obstacles must be overcome or minimized to achieve desired results.