Learning Path
Question & Answer
Choose the Best Answer
Increased competition in the market
A strong brand reputation
High customer loyalty
Innovative product development
Understanding the Answer
Let's break down why this is correct
Competition from other companies can take customers away and push prices down. Other options are incorrect because Strong brand reputation is usually a strength, not a threat; High customer loyalty is a protective factor, not a threat.
Key Concepts
SWOT Analysis
easy level question
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Deep Dive: SWOT Analysis
Master the fundamentals
Definition
SWOT analysis is a strategic planning technique used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to a business, product, or market. It helps in decision-making by assessing internal and external factors that can impact the organization's strategy and growth.
Topic Definition
SWOT analysis is a strategic planning technique used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to a business, product, or market. It helps in decision-making by assessing internal and external factors that can impact the organization's strategy and growth.
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