Wednesday, September 2, 2015

Situation or SWOT Analysis

The strength for my business will be that it is portable; all it has is a pop up tent, with folding camping chairs, as well as a portable grill that a campfire can be built into it. Weakness would be the weather could change, the wind and rain would take out the fire and then there would be no food. Where it will be would have another weakness, being that it'll be in front of a sporting goods store, especially The Bass Pro Shops, and competition would be Johnsonville Brats, so that would be a threat and a weakness altogether. Opportunities would be to show customers of both the business and the sporting goods store what you can cook on a camp out, what kind of chairs are comfortable as well as how to cook for a camp out.
“Strengths include internal capabilities, resources, positive situational factors that may help the company to serve its customers and achieve its objectives. Weaknesses include internal limitations and negative situational factors that may interfere with the company’s performance. Opportunities are favorable factors or trends in the external environment that the company may be able to exploit to its advantage. And threats are unfavorable external factors or trends that may present challenges to performance.”

No comments:

Post a Comment