Lesson 4 DiscussionENT 6431 - Entrepreneurship

 Lesson 4 DiscussionENT 6431 - Entrepreneurship

Please answer all of these questions based on the assigned readings and or your personal knowledge.

Based on the idea you discussed in previous weeks Discussion Questions, complete a SWOTT analysis. How viable is your idea? Briefly address each of the following points in two to three sentences:

• Strengths: List the advantages and strengths your venture has that might be used to build market share.
• Weaknesses: List any significant weaknesses that your venture must address to compete effectively.
• Opportunities: List the opportunities in your market that might be capitalized on to gain market share.
• Threats: List competition and threats in your market that could decrease your market share or harm your business.
• Trends: List the economic, social, legal consumer, and industry trends that may affect your strategy.
• Answer : APA Formats , 2 Pages , 4 Reference 
• Book :Entrepreneurship, 9th EditionRobert D. Hisrich, Michael P. Peters, and Dean A. ShepherdMcGraw Hill Publishing, 2013