emilio and dylan are studying the strengths and weaknesses of their construction business, construction concepts, as well as res

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3 years ago

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earching the opportunities and threats in the external environment. they are conducting a

1 answer:

Shalnov [3] · Answer 1 · 2022-08-13T12:59:15+03:00

Emilio and Dylan are conducting a SWOT Analysis of their construction business.

A SWOT analysis enables a company to find out:

Strengths - the parts of its company that set it apart and give it an advantage
Weaknesses - areas that they can and should improve on to be more successful
Opportunities - whatever developments in their industry that they can leverage on to become more successful
Threats - things that they need to watch out for that could give them problems in the near future

This is what Emilio and Dylan are doing and it is very important as it can allow a company to see the things it needs to do to be successful.

In conclusion, Emilio and Dylan are conducting a SWOT analysis to ensure that their business grows.