2 Flashcards
1
Q
Tools in evaluating a business
A
Buyers
Geographic area
Competitors
Trend
Product
Government regulation
2
Q
Our internal positive characteristics like traits skills in knowledge abilities within the organization these are the things that are within your control
A
Strength
3
Q
Are negative factors that detract from your strengths these are the things that you might need to improve on to be competitive like unskilled workers are lack of managerial talents
A
Weaknesses
4
Q
Are external factors in your business environment that are likely to contribute to your success like reliable suppliers of raw materials and cheap power
A
Opportunities
5
Q
A