SWOT Analysis and Business Impact Assessment

<p>Direct manufacturers (C)</p> Signup and view all the answers

<p>Special permits (C)</p> Signup and view all the answers

<p>Identification of major businesses (D)</p> Signup and view all the answers

<p>Regulatory environment (B)</p> Signup and view all the answers

<p>Substitutes (A)</p> Signup and view all the answers

<p>It enables the manufacturer to charge higher prices. (A)</p> Signup and view all the answers

<p>Recession (C)</p> Signup and view all the answers

<p>Population size and geography (D)</p> Signup and view all the answers

<p>Strong governmental leadership (C)</p> Signup and view all the answers

<p>Cultural practices and consumption patterns (B)</p> Signup and view all the answers

<p>To earn profit for the owners (D)</p> Signup and view all the answers

<p>A collection of businesses within a similar field (C)</p> Signup and view all the answers

<p>Strength and degree of market competition (D)</p> Signup and view all the answers

<p>Service (A)</p> Signup and view all the answers

<p>Lack of training of workers (D)</p> Signup and view all the answers

<p>Geographical proximity and climate (D)</p> Signup and view all the answers

<p>Threats (C)</p> Signup and view all the answers

<p>High government incentives (D)</p> Signup and view all the answers

<p>Customer demographics and preferences (A)</p> Signup and view all the answers

<p>Entry of competitors (D)</p> Signup and view all the answers

<p>Partnership (D)</p> Signup and view all the answers

Creating unique features of a product to stand out from competitors, making it more appealing to customers.

Examining economic factors like income, inflation, recession, demand, and supply to understand market conditions.

Evaluating factors like population, geography, land availability, climate, and global warming impact on a business location.

Assessing government type, stability, and leadership to determine potential business advantages/disadvantages.

Studying cultural practices and trends to identify products and services suitable to consumer preferences.

Evaluating the level and strength of competition in a market to understand potential success or failure of a business.

Producing sector focused on farming, fishing, and forestry products, as raw materials.

Producing sector that provides support and intangible services to the other three sectors, and itself.

A document issued by the barangay hall permitting you to operate your business within their jurisdiction.

An official document authorizing you to legally operate your business within a city or municipality.

A unique identification number issued by the Bureau of Internal Revenue (BIR) for tax purposes.

The process of examining your target market, competitors, suppliers, and substitutes to understand the industry you want to enter.

Identifying the major players in your industry who you will compete with for customers.

Defining the specific group of people you want to sell your products or services to.

Identifying the companies or individuals that you will source raw materials, intermediate products, or finished goods from.

Identifying alternative goods or services that your customers could choose instead of yours.

A planning tool that helps businesses identify their strengths, weaknesses, opportunities, and threats.

Internal factors that give your business an advantage over competitors. These are things your company does well.

Internal factors that hinder your business's performance or success. These are areas where your company needs improvement.

External factors or trends that could benefit your business.

External factors that could harm your business or its ability to succeed.

A group of businesses that share a common product or service, like the fast food industry.

An organization that produces goods or services to make a profit.

When businesses try to attract customers by offering better products, prices, or services than their rivals.