Week 2 Dis
1. 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?
· Opportunities.
. What are your company’s opportunities?
. Does your segment have more demand than supply?
. Have larger corporations stopped serving smaller or niche markets that you could enter?
. Is a new market emerging because of demographics, immigration, changing tastes, et cetera?
· Threats.
. What are your company’s threats?
. Does a clear market leader exist that will be hard and expensive to displace?
. Are downward-pricing pressures in the segment making profit margins slim?
. Are there few or no barriers to entry for new competitors?
Post at least one substantive comment to another student's post.
Notes
· Textbook Chapter 9, "Strategic Position & Risk Assessment," pages 143–162, provides additional detail about this topic.
· You will revise this week’s discussion post as part of your on the Week 3 assignment, Company Description and SWOT Matrix.
Important note:
Complete the SWOT table in Word and then copy and paste it in the discussion window.
DO NOT attach the Word document to the discussion window.