BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Over dependence on single product line is ____
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Strength
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Opportunity
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Threat
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Weakness
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Explanation:
Detailed explanation-1: -Weaknesses could be issues with the product’s quality, missing features, issues with your customer service, a poor design, a non-competitive price tag, and so on. While product managers are often aware of these pain points, they may sometimes be blind or oblivious to some of them.
Detailed explanation-2: -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-3: -Low manufacturing efficiency, fluctuations in quality, high rate of repair, high rate of defects in manufacturing process.
There is 1 question to complete.