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Define what a strength is.
Describes what an business excels at and what gives it a competative advantage
Define what weaknesses are.
What stops a business from performing at and optimal level.
Define what an opportunity is.
Refer to favorable external factors that could give an organization a competitive advantage.
Define what a threat is.
Refer to factors that have the potential to harm an organization.
Are strengths internal or External
Internal
Are weaknesses internal or external?
Internal
Are opportunities internal or external?
External
are threats internal or external?
External
What are two stregths of Starbucks?
- Uniqueness/Being First
- Product Mix
- Innovation
- Culture
- Brand Recognition
What are two weaknesses Apple?
- Price of products
- Dependency on Iphone
- Incompatible with other systems
- Not user friendly
What is an opportunity for Starbucks?
- Expansion in to new markets
- Technological advances
- New way of distribution
- Expanding the Product Mix/Offerings
What is a threat to Starbucks?
- Increased Competiton
- Price of Coffee Beans
- Brand Imitation
- Changing Lifestyles
What is a competitive advantage of Chick-fil-A?
- Rewards Program
- Customer Service
What are two weaknesses of Publix?
- High Price compared to competitors
- Limited geographically
- Dependent on US Market
What is an opportunity for a company like Gatorade?
- New Products/Flavors
- Partnerships with organizations
- Endorsements/Influencers
What is a threat for Netflix?
- Password Sharing
- Content Piracy
- Competition from other streaming services
What are the strengths of Disney?
- Brand Name
- International Presence
- Customer Service Experience
What are two weaknesses of Disney
- Price in relation to competitors
- High operating costs
- Dependency on economy
What in an opportunity for Nike?
- Technological advancements
- Expand into new markets
- New Products
What is a threat for Amazon?
- Intense competition
- Cybersecurity
- Economy