Internal Analysis and SWOT Analysis Essay Example | Topics and Well Written Essays - 500 words - 1

Internal Analysis and SWOT Analysis - Essay Example According to this book, the definition of physical resources is too general. However, according to other scholars, it gives a wider definition of physical resources to be the resources that are produced from the skills of man. This website brings out a better view than the book. The website also gives more information than is necessary. Used in an internal analysis, to show the wealth accumulation of the firm in terms of assets. According to a certain website, financial resources are the monetary sources of a firm. The website only gives a general view with a few examples. On other website, it only considers financial resources as money loans from banks. Most of the information is on banks, and it gives the wrong information or picture. This is because the finances are more to do with more than one single source. This can be used in an internal analysis to show the economic ability of a company (Marc, 2003). Human resources are all the people who compose the employees of an association who work towards the achievement of the goals of this organization (mark, 2003). This book gives a good description of human resource. This does not give the true picture of human resource as it gives information on workers of a company. Human resource is used to measure the level of motivation in a company. It can also be used to show the level of activity in a company and the cost of production. In the analysis, it is used to measure the level of efficiency and the social responsibility of a company. Technical resources are those assets owned by the company that can be used to improve or for the benefit of technology in an organization. This can be in terms of technological formulas or personnel with good experience and technical knowhow. According to William (1998), they describe the technology in details, which is meant to mean technical resources. It gives technology a depth description of its work and how it is used. Technology is used in an analysis, to measure