Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Identifying their unique strengths that differentiate them from competitors
B
Focusing solely on their weaknesses to improve them
C
Ignoring threats from competitors since they are established
D
Considering only opportunities without analyzing strengths or weaknesses
Understanding the Answer
Let's break down why this is correct
Answer
The coffee shop should focus on the Opportunities part of its SWOT analysis, because these are the chances to stand out in a crowded market. By looking for gaps—such as a demand for a unique brew, a local event, or a partnership with nearby offices—they can create something that competitors are not offering. This gives them a clear edge and attracts new customers. For example, if a nearby office has no coffee option, the shop could offer a quick‑serve breakfast combo, turning a simple idea into a competitive advantage.
Detailed Explanation
Spotting what sets the shop apart gives the owner a clear selling point. Other options are incorrect because The mistake is thinking fixing every flaw will win customers; Skipping threats assumes rivals are harmless.
Key Concepts
Business Strategy
SWOT Analysis
Competitive Advantage
Topic
Business Strategy
Difficulty
easy level question
Cognitive Level
understand
Practice Similar Questions
Test your understanding with related questions
1
Question 1In a SWOT analysis, how should a company prioritize its strategies based on identified strengths and weaknesses?
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Question 2A small café is struggling to attract new customers in a competitive market. The owner decides to conduct a SWOT analysis to identify areas for improvement. Which of the following scenarios exemplifies the most effective use of the SWOT analysis in this context?
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3
Question 3A small retail company is facing declining sales and is unsure about the reasons behind it. They decide to conduct a SWOT analysis to evaluate their current position. Which of the following best describes how they should utilize the SWOT analysis to improve their business strategy?
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Question 4In a SWOT analysis, how should a company prioritize its strategies based on identified strengths and weaknesses?
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5
Question 5A small café is struggling to attract new customers in a competitive market. The owner decides to conduct a SWOT analysis to identify areas for improvement. Which of the following scenarios exemplifies the most effective use of the SWOT analysis in this context?
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6
Question 6A small coffee shop is struggling to attract more customers in a competitive neighborhood. The owner decides to analyze their strengths, weaknesses, opportunities, and threats (SWOT) to develop a business strategy. Which aspect of their SWOT analysis should they prioritize to improve their competitive advantage?
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7
Question 7A small retail company is facing declining sales and is unsure about the reasons behind it. They decide to conduct a SWOT analysis to evaluate their current position. Which of the following best describes how they should utilize the SWOT analysis to improve their business strategy?
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8
Question 8A small café is struggling to attract new customers in a competitive market. The owner decides to conduct a SWOT analysis to identify areas for improvement. Which of the following scenarios exemplifies the most effective use of the SWOT analysis in this context?
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9
Question 9A small coffee shop is struggling to attract more customers in a competitive neighborhood. The owner decides to analyze their strengths, weaknesses, opportunities, and threats (SWOT) to develop a business strategy. Which aspect of their SWOT analysis should they prioritize to improve their competitive advantage?
easyBusiness
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10
Question 10A small retail company is facing declining sales and is unsure about the reasons behind it. They decide to conduct a SWOT analysis to evaluate their current position. Which of the following best describes how they should utilize the SWOT analysis to improve their business strategy?
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