complete a swot analysis with the information provided about your business. move each description from the…

complete a swot analysis with the information provided about your business. move each description from the list on the left to the correct category on the right. note: you will receive partial credit for each correct answer. descriptions: a competitor decides to close their business. your company has a staffing shortage. your company develops a more efficient process for product development. a competitor creates a new technology. categories: strength, weakness, opportunity, threat
Answer
Answer:
- A competitor decides to close their business: Opportunity
- Your company has a staffing shortage: Weakness
- Your company develops a more efficient process for product development: Strength
- A competitor creates a new technology: Threat
Brief Explanations:
- A competitor closing is an opportunity as it can increase market share.
- Staffing shortage is a weakness as it can impede operations.
- An efficient product - development process is a strength for competitiveness.
- A new competitor technology is a threat to market position.