As a company begins to fine tune its strategy, it is prudent to identify their strengths and weaknesses in addition to outside opportunities and threats. This SWOT analysis will ensure they can effectively evaluate and deal with items that will either help or hurt their chances of success. Which of the following represents a Strength for a mobile dog grooming business?
A) The business is mobile and can move to different markets.
B) The fixed size of the truck used for grooming is limited in space.
C) The mobile grooming business can be expanded without excessive entrance costs.
D) The mobile grooming business can be franchised.

Question

Quizplus · Accepted Answer

This question requires familiarity with the components of a SWOT analysis. Choice A correctly identifies a strength for a mobile dog grooming business. The fact that the business is mobile is a strength while the remaining choices represent other SWOT elements that apply to the business.

As a Company Begins to Fine Tune Its Strategy, It