Week 3 DQ4

What are some potential strengths, weaknesses, opportunities, and threats that a business should consider in a SWOT analysis? How can a business benefit from gathering this information?

Some potential strengths that a business should consider are core competencies, cost advantages, and an acknowledgement market leader in a SWOT analysis. In a SWOT analysis a business should consider the following potential weaknesses; weak market image, no clear direction, and narrow product line. Some potential opportunities that a business should consider in a SWOT analysis are customer growth, market demand, and complacency among rival businesses. Some of thepotential threats that a business should consider in a SWOT analysis are foreign competitors, slow market growth, and demand in...