Company's Strengths, Weaknesses & Opportunities in a New Market
1. The company's
strengths: absence of
competitors , pricing
flexibility , of such
companies is less , be
the only one on the
market, the high share of profits.
Companies can increase the profit margin in
this area. This may affect prices. Thus can
increase the profit margin.
2. If we are to talk about weaknesses:
● Budget required for the installation of the
company.
● The provision of new equipment .
● Educate workers about this topic.( Because;
a new business area.)
● Gaining a place in the market.
3. Talking about opportunities; being a pioneer in the
market may have advantages .After , determine the price
of products and services can be.