BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A business has a poor reputation among customers, this would be considered to be a(n)
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Strength
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Weakness
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Opportunity
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Threat
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Explanation:
Detailed explanation-1: -Weaknesses. Weaknesses stop an organization from performing at its optimum level. They are areas where the business needs to improve to remain competitive: a weak brand, higher-than-average turnover, high levels of debt, an inadequate supply chain, or lack of capital.
Detailed explanation-2: -Strengths-The strongest parts of your business model and your most effective selling points. The core competencies of your team and your investments. Weaknesses-The weakest parts of your business model and weak spots in the sales funnel. What’s lacking in your team and missing from your investments.
There is 1 question to complete.