Management Strategies

Strength

Most businesses can be described as having the strengths when they have with them excellent people
from the top to the bottom organizational hierarchy. Another is when they utilizes advance equipments
incorporated in their work along with resources essential to the smooth business operation

Weaknesses

Lack of enough capital or supporting funds to continuosly support and expand the business operation

Opportunities

Technological resources can aid the company or an entity to formulate better plans,strategies,tactics
and make innovative efforts to seize opportunities

Threats

Growing numbers of competitors in the market that provides similar product or services or that provides
necessary/better/or more interest to the public

ANALYSIS: What do you think is the relationship of SWOT analysis to the External forces that can affect
the business?

Answer: The link between SWOT analysis to the External forces that can affect the business is that this
SWOT analysis serves as an approach to determine the external factors. In performing a SWOT , the
business entity or organization could be able to distinguish the opportunities and threats which are the
main drivers in influencing the business' performance or its operation.