PwC Rev.docx - Running head STRATEGIC ANALYSIS 1 Strategic...

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Running head: STRATEGIC ANALYSIS 1Strategic Analysis of Price Water House CoopersStudents NameInstitution
STRATEGIC ANALYSIS 2Strategic Analysis of Price Water House CoopersQuestion one: The history, development, and growth of Price Water House CoopersPricewaterhouse Coopers (PwC) is a global professional services network of over 158 countries each operating as an independent legal entity. The company was established in 1998 as a merger between the Lybrand and Price Water House and Coopers with both companies history dating back to the 19thcentury. PwC is the second largest professional service provider in the world and belongs to a group of big four auditors alongside Deloitte, KPMG, and EY. As for the year 2017, the company profits stood at $38B and the money was generated from assurance (16B), $9.5 B generated from Tax practice while approximately $12 B is generated through the advisory practice. PwC has employed more than 236,000 worldwide (Fino, 2018). PwC is a professional service industry that provides tax and advisory consulting, assurance or auditing services both to private and public customers. Majority of PwC relationships with clients are business to business. PwC Consulting strives according to its vision to become a world-class management consulting service provider. PwC endeavors creating value as it employees are exceptional people ready to help people achieve exptionational results. Over its course of operation, PwC has formulated over 72 mission statement including the latest that guides towards making last change happen. The PwC operations are world but Europe accounts for 43% while America and the Caribbean accounting for 41%. As said PwC provides professional services such as assurances, advisory and tax practice and data analysis services (PricewaterhouseCoopers, 2018).Question two: The identification of the company's internal strengths andweaknesses (SWOT Analysis)
STRATEGIC ANALYSIS 3SWOT analysis is a vital tool for any business venture. It allows companies to analyze their strengths, weakness, threats, and opportunities lie. The SWOT tool has paramount information regarding the industry and as such helps management make effective decisions that are vital for industry’s success and survival. PwC as one of the leading accounting firm concentrates on 16 key sectors that provide precise services to their clients among them; deals, human resources, forensics, and consultancy services. As such the company is striving to gain an edge over its customers (Hill & Westbrook, 1997). The company can analyze through SWOT tool as indicated below: Strengths The PwC has over the past five years realized such enormous success due to the following points of strength. First, PwC embraces and recruits people for their services. The company by 2018 had over 236,000 working for the company and is highly skilled as well as being an experience to be able to deliver the best to their clients. Secondly, the PwC Company values their clients and favors business to business relationship models. As such, the company

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