In the context of SWOT analysis,which of the following would be a strength for a company already existing in the market?

Question

Quizplus · Accepted Answer

A high level of branding that leads to market recognition is a strength for a company already existing in the market. It gives the company a competitive advantage over its competitors and helps to increase market share. The other options listed are either external factors (such as a growing market or local environment) or may benefit both existing companies and new entrants to the market (such as low barriers to entry or openness of the governmental mechanism).

In the Context of SWOT Analysis,which of the Following Would