ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Sales, Workers, Online orders, transportation
|
|
|
Strengths, Weaknesses, Opportunities and Threats
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -SWOT analysis is a framework for identifying and analyzing an organization’s strengths, weaknesses, opportunities and threats. These words make up the SWOT acronym. The primary goal of SWOT analysis is to increase awareness of the factors that go into making a business decision or establishing a business strategy.
Detailed explanation-2: -A strength is a resource or capacity the organisation can use effectively to achieve its objectives. A weakness is a limitation, fault, or defect in the organisation that will keep it from achieving its objectives. An opportunity is any favourable situation in the organisation’s environment.
Detailed explanation-3: -Strengths. Strengths are sustainable internal factors (features) that give your business a competitive advantage over its competitors. Weaknesses. Opportunities. Threats. 07-Jul-2014