User:ADEDIRAN MICHAEL

MMM SWOT ANALYSIS PREPARED BY: ADEDIRAN MICHAEL SWOT is an acronym for strengths, weaknesses, opportunities and threats related to organizations. STRENGHT 1.	MMM helps people to be financially free 2.	MMM breaks the gap between the rich and the poor 3.	MMM has given equal opportunity to all the members irrespective of their backgrounds 4.	The hidden truth about the world wicked financial system is exposed 5.	 MMM is educative and has honesty and mutual development as its core values WEAKNESS 1.	MMM is being operated with fear by the members 2.	There is no physical office and people don’t trust internet base business in developing countries 3.	Many people take MMM as get rich quick platform and they perpetuate fraudulent acts 4.	The ideology is not followed by members 100% 5.	People capitalize only on the negative background of MMM than the positive side to discredit its function OPPORTUNITY 1.	MMM can change people financial status 2.	MMM gives freedom of transaction 3.	There is no extra charges as tax or vat 4.	MMM can be transacted on the go because of its internet base system 5.	MMM has a strong and well organize database for optimum transaction THREAT 1.	All other financial institutions are against MMM operations because of their selfish interest 2.	Government is against MMM operations 3.	MMM is seeing as Ponzi and Pyramid scheme which the world pretend to abhor but operates in disguise 4.	No securities and legal endorsement 5.	MMM higher interest payment and deposit system can be internal destructive and discourages valuable prospects