Discussion: "Opportunities"
For this discussion, we will expand on the non-alcoholic beverage (NAB) business you began developing in the discussion. As part of your business plan, you will be required to conduct a SWOT analysis (Strengths, Weaknesses, Opportunities and Threats).
For this discussion, respond to the following:
1. Discuss three OPPORTUNITIES you can identify for your NAB business. Briefly describe each and clarify how your business can grow by pursuing each opportunity.
Notes:
• Check out Chapter 9: Strategic Position and Risk Assessment to learn more.
• You will use this week's information in Assignment 1, question 7.
To help you get started with Week 2 Discussion
Number each opportunity and describe each in a separate paragraph clarifying how your business can grow by pursuing that opportunity.
Opportunities:
• What good opportunities can you spot?
• What interesting trends are you aware of?
Useful opportunities can come from such things as:
• Changes in technology and markets on both a broad and narrow scale.
• Changes in government policy related to your field.
• Changes in social patterns, population profiles, lifestyle changes, and so on.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.