For this week’s discussion, we will expand on the non-alcoholic beverage business you began developing in the Week 1 discussion. As part of your business plan, you will be required to conduct a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) in Assignment 2.
For this week’s discussion, please respond to the following:
Discuss three OPPORTUNITIES you can identify for your NAB business. Briefly describe each and clarify how your business can grow by pursuing each opportunity.
Check out Chapter 9: Strategic Position and Risk Assessment to learn more.
You will use this week’s information in Assignment 1, question 7.
Number each opportunity and describe each in a separate paragraph clarifying how your business can grow by pursuing that opportunity.
To identify opportunities, think of the external environment of the company.
Opportunities are external to the company, not under your control, but you can take advantage of them to grow your business.
Useful opportunities can come from such things as:
Changes in technology and markets on both a broad and narrow scale.
Trends in the industry
Changes in government policy related to your field.
Changes in social patterns, demographics, lifestyle changes, and so on.
Examples here: https://pestleanalysis.com/swot-analysis-opportunities-definition-examples/
Another example- SWOT analysis for Honest Tea Company – check out the opportunities’ section
Strengths, weaknesses, opportunities, and threats (SWOT) analysis based on Honest Tea’s business plan (PDF).
Check out the video below on how to address this week’s discussion.
The attached file; changes added are bold and highlighted
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more