A Deeper Look at Opportunities within the Context of a SWOT Analysis

Definition of Opportunities Opportunities are the ways that a company can improve itself. How can they make themselves more profitable? Let’s take a hypothetical restaurant (R). Possible Opportunities for R (chances for improvement) are trying a new recipe, opening another … Continue reading

A Deeper Look at Weaknesses within the Context of a SWOT Analysis

Definition Weaknesses are what a company does worse than their competition. It is what makes them different in the marketplace. Let’s take a hypothetical restaurant (R). Possible Weaknesses for R (disadvantages they have versus their competition) are worse food, more expensive … Continue reading