Learning Path
Question & Answer
Choose the Best Answer
A strong competitor launching a similar product
A unique technology that sets the startup apart
Access to funding for product development
A growing market demand for innovative solutions
Understanding the Answer
Let's break down why this is correct
A strong competitor launching a similar product can take away customers and lower sales. Other options are incorrect because Having a unique technology is a strength, not a threat; Access to funding is an opportunity, 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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