Question

After 8 years of working for a company that installed underground sprinkling systems for golf courses, Trevor was ready to venture into his own business. As he prepared his SWOT analysis, he evaluated where he stood at this time. He was fortunate to have $100,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as:________. a. three opportunities and one threat.
b. two strengths and one threat.
c. two strengths and one opportunity.
d. three opportunities and one weakness.

Answer 1

Answer:

Option B Two strengths and one threat

Explanation:

The two strengths includes that he has $100,000 finance and 3 highly skilled installer will be working with him.

The threat is the industry risk which is that the sales of sprinkling system is dependent on real estate industry growth which has lowert growth rate now. This means real estate will be reluctant to have golf courses which reduces the demand of sprinkling systems. This is the threat which the company will face in the future.