Personal property off premises (homeowners coverage)
Opportunity cost : the cost of an alternative that must be forgone in order to pursue a certain action
in this case, let's say that you use that $100 to buy a X-brand of sneakers. meanwhile there's Z-Brand sneakers, another alternative brand with same quality but it only cost $95, but you do not know about it. Which mean, you just loss $5 worth of opportunity cost
The vehicles worth at the end of its lease.
Answer:
2) an opportunity
Explanation:
A SWOT analysis considers opportunities as favorable external factors that represent a growth opportunity for the company and the developing of a comparative advantage.
In this case, the Indian market is HUGE, more than 1.3 billion people (that is similar to the European Union + North American and South American markets together). Whoever is able to make the first step and gain a relevant position in the Indian market may increase its sales revenue dramatically.