Description
Identify the strengths, weaknesses, opportunities and threats (S.W.O.T.) of a start up CDL truck driving School. Based on the results of this S.W.O.T. analysis, provide the following:
3 to 5 goals for strength/weaknesses and how they will be addressed by the school
3 to 5 goals for opportunities/threats and how they will be addressed by the school
The goals should have specific objectives, defined results, a timeline for completion and metrics (some type of evaluation or measurement) by which the school can evaluate/measure their success.
Describe the school 5 years from start up date. What will it look like and how it will be positioned in the market place?
Explanation & Answer
Attached.
Running head: SWOT ANALYSIS
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SWOT Analysis
Name
Institution
Date
SWOT ANALYSIS
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Introduction
In every business, there are both internal and external factors which both contribute to its
success and limits its success. A SWOT analysis is one of the tools exploited in analysis the
external and internal factors which are likely to contribute to the success and failure of a
business. In exploiting the internal factors which contribute to the operations of the business,
strengths and weaknesses are considered (Speth & Probert, 2015). On the other hand, external
factors of the operations of the business involve the opportunities and threats which exist in the
business environment. Before starting a business, identifying the strengths and weaknesses
which exist in the internal environment, and the opportunities and threats which exist in the
external business environment is essential. This way, a business can identify ley measures on
how to take advantage of the positives while addressing the negatives which might affect its
operations and profitability (Devi, Rahmawan, & Ayu, 2019). A CDL truck driving School is
one of the businesses which one can establish. Before this, conducting a SWOT enables one to
identify the strengths, weaknesses, opp...