How challenging will it be to produce the product or offer the service and maintain quality?
STRATEGIC MANAGEMENT
Classmate post.
For this week’s discussion, please respond to the following:
Complete the SWOT Matrix [DOCX] to highlight the strengths, weaknesses, opportunities, and threats of the company (as approved by the instructor) you described in the Week 1 discussion.
Your selected company may be a startup company of your choosing, or it may be based on the snack food company scenario provided to you.
Include four items in each category.
As you complete each quadrant of the SWOT Matrix, consider these questions:
Strengths.
What are your selected company’s likely strengths?
Is your product or service in a growing industry and does it lack an entrenched competitor?
Are you in a niche market with great potential?
What strengths do you and other team members bring to the company?
Weaknesses.
What are your chosen company’s likely weaknesses?
How entrenched is the competition in your industry segment?
Is your management team inexperienced?
How challenging will it be to produce the product or offer the service and maintain quality?
