BUISENESS MANAGEMENT
BUSINESS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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John owns a hairdressing salon. His employees are very skilled and qualified. What would this factor be classified as?
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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: -A hair salon with an abundant clientele list is a sign of successful marketing, good operations and strong client management. Still, a strong analysis will identify the reasons that those strengths are strengths. Factors like a well-trained team and a high traffic location may be the core strengths of the salon.
Detailed explanation-2: -According to the North American Industry Classification System – better known as the NAICS, beauty salons fall into category 8121 – Personal Care Services.
There is 1 question to complete.