|
Post by afrina022 on Nov 23, 2023 0:51:28 GMT -6
SWOT Analysis Matrix The abbreviation SWOT consists of abbreviations of words and means the following S Strengths – strengths. Unique characteristics and advantages that make it possible for a business to stand out from its competitors. Thanks to them a company can increase its profits. For example a fairly large selection of goods good service more affordable. Prices modern equipment an industry leader. W Weaknesses – weaknesses. Disadvantages that prevent the company from developing properly hinder the growth of its profits and make Country Email Listit more vulnerable to competitors. For example an insufficient number of employees delays in delivery a small assortment low quality of goods old equipment. O Opportunities – opportunities. One day they managed to identify a trend towards natural nutrition among a certain part of the target audience. In order not to miss out on customers who are concerned about their health the brand has introduced low-calorie foods and drinks with healthy additives into its range. This is what helped to avoid large-scale business losses in the future. To search for opportunities that will be used by the business for its own development.
|
|