MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A damaged reputation would be considered a (n)
A
Strength
B
Weakness
C
Opportunity
D
Threat
Explanation: 

Detailed explanation-1: -Weaknesses are the constraints that impede a company’s success in a certain strategic direction-in other words, what the company does not do well. Typical company weaknesses might be: Inadequate definition of customer for product/market development. Confusing service policies.

Detailed explanation-2: -In a SWOT Analysis, weaknesses are written in the top right quadrant. They highlight the internal weaknesses that you or your organization need to address to meet your goals. Examples of weaknesses for a SWOT analysis might include lack of motivation, lack of a clear vision, or poor time management skills.

Detailed explanation-3: -The opposite of an organization’s strengths are its internal weaknesses. Some examples of an organization’s weaknesses are underpaid employees, low morale, or poor direction from upper management. Any one of these weaknesses can have a major impact on the overall performance of an organization.

Detailed explanation-4: -Weaknesses in an organization may be depreciating machinery, insufficient research and development facilities, narrow product range, poor decision-making, etc.

There is 1 question to complete.