Tools to overcome weakness SBE

Strengths and Weaknesses in a business as referred to by SWOT analysis

• External Factors

• Poor Planning

• Internal Factors

• Good Management

A business has a poor reputation among customers , this would be considered to be a(n)

• Strength

• Weakness

• Opportunity

• Threat

A company has a strong brand name, this would be a(n)

• Strength

• Weakness

• Opportunity

• Threat

A business has developed a great product, but still lacks the patent, this is a example of a(n)

• Strength

• Weaness

• Opportunity

• Threat

A company that has been established and successful for 10 years doesn't need to conduct a SWOT

• True

• False

Internal factors that may limit a company's ability to achieve its goals would be known as a

• Strength

• Weakness

• Opportunity

• Threat

A damaged reputation would be considered a (n)

• Strength

• Weakness

• Opportunity

• Threat

Great customer service would be considered a (n)

• Strength

• Weakness

• Opportunity

• Threat

Identify a weakness from the following

• Overseas demand for a product

• Falling number of customers within specific age group

• Making a profit

• Poor quality goods

By identifying areas under the weaknesses section, how does this help you develop?

• So that you can avoid them.

• So that you can pretend they don't exist and ignore them

• Use them to identify areas for development and focus on them

• By allowing other people to see them and use them against you.