GK
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Strengths and Weaknesses
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Strengths and Opportunities
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Opportunities and Threats
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Weaknesses and Threats
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Detailed explanation-1: -Internal factors can influence the operations of a business both positively and negatively. The three main internal factors are labour, finance, and technology.
Detailed explanation-2: -Strengths and weaknesses are internal factors. They are characteristics of a business that give it a relative advantage (or disadvantage, respectively) over its competition. Opportunities and threats, on the other hand, are external factors.
Detailed explanation-3: -Essentially, a SWOT analysis is an examination of the internal and external factors that impact the organization and its strategies. The internal factors are strengths and weaknesses; the external factors are opportunities and threats.
Detailed explanation-4: -Strengths are internal factors that will help the organisation be successful. They can include employees, procedures, business assets and products. Examples of internal factors that are a strength are: A strong brand name.