Weldon Hand Tools Case study

Rio Tinto Mining Company Management Essay Introduction

SWOT Analysis is a framework to evaluate competitiveness, internal potency and languish of a company. PESTLE Analysis is defined as the meld, which is used to guide external factors of an organization. This analysis is useful to start a new business or emergence into foreign markets.

Rio Tinto Mining Company Management Essay SWOT Analysis

Analysis

As per the case study of Rio Tinto Mining Company Management, it has been observed that it is known for its extensive and successful exploration program. This company has a very good connection with the distributors and dealers. The dealers enhance company's product and illustrate those products among customers to increase overall productivity and sales. As per the case study of Rio Tinto Mining Company Management, it has been observed that, the company has a strong free cash flow, which helped it to give resources for further development in presenting new products with high amount of profitability. Ineffectiveness of organizational structure lead Rio Tinto Mining Company to witness decreased sales and difficult in organizing its products (Shahba et al. 2017).

As per the case study of Rio Tinto Mining Company, it has been observed that adoption of new technologies like ERP system, AI or big data can widen up scopes to contribute towards mass production. Selling products through online transaction can moreover, increase profit (Mikler et al. 2019). The case study of Rio Tinto Mining Company further revealed that this company has fewer workforces due to which, innovative products are not being introduced for many years. In case the company has to develop or wants to make a profit then it will have to meet needs of consumers. There is a high chance of other competitors to grab possibilities to prosper as a famous mining company, which can be one of the biggest threats for the company.

Rio Tinto Mining Company Management Essay PESTLE Analysis

Analysis

As per the case study of Rio Tinto, political instability and frequent changes in political parties created risk for companies. High level of taxation policies de motivated companies to expand their products, especially after Brexit. Increasing growth rate of GDP affects Rio Tinto to grow in the near future. The protectionist policies of UK government may affect the mining and metal exporters like Rio Tinto. As per the case study of Rio Tinto, educational qualification of employees can be an opportunity to serve their customers better. In recent days people are interested in leisure that can be a threat for a company. According to Křupka et al. (2018), productive programmers are supported by leveraging policy.
As per the case study of Rio Tinto, they also take support of leveraging technology to promote their productivity programmed. They use new technologies to gaining popularity in industries and to compete with others. Strategic plans play an important role when healthy development of a company is concerned (Wolf and Floyd, 2017).

Investment in Lithium battery technology can be an opportunity for Rio Tinto to increase their sell. This renewable energy may expensive but Government and customers are willing to pay the exact price for these items. As per the case study of Rio Tinto, changes in trade regulations and policies can be a risk for them. Intellectual and other data protection acts protect plans of companies from copyrights. Health and safety law attracts their employees to join this company that can be an opportunity for them. As per the case study of Rio Tinto, specialists of human resource team maintain their social responsibilities employees with the help of health and safety act. Frequent changes in weather conditions can be considered a predominant threat for companies that are dealing with explosive materials (Rastogi, 2016). For instance, during the rainy season, it is difficult to transport resources and finished products, affecting delivery date.