Description
You will now consider your company’s strengths and weakness, along with your product or service price.
Use the Internet to research strategies for conducting a Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis. Based on your company’s market information, consider the strengths and weakness of your company and its products or services.
Write a four to six (4-6) paragraph journal entry in which you:
- Determine the key strengths and weaknesses of your company, as well as both the primary opportunities and threats that it faces within its industry.
- Discuss your critical steps within your supply-chain and operational system. Explain the key aspects of your strategies for producing and distributing your products and services to both your stores and customers. Determine whether you will use an outside vendor or complete the work in house.
- Analyze the company’s pricing strategy relative to its pricing objective. Examine major internal and major external factors that could potentially affect the pricing of the company’s products or services.
- Use at least two (2) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
Note: Insert the information from the completed Journal 4 entry into “Section 4: Pricing and Distribution Strategy” in the provided Marketing Plan Template (located in Week 4).
Explanation & Answer
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Similar Content
Related Tags
Things That Matter
by Charles Krauthammer
Cat on a Hot Tin Roof
by Tennessee Williams
Steppenwolf
by Hermann Hesse
Principles - Life and Work
by Ray Dalio
Crime and Punishment
by Fyodor Dostoyevsky
Slaughterhouse Five
by Kurt Vonnegut
Murder on the Orient Express
by Agatha Christie
The Secret Life of Bees
by Sue Monk Kidd
The Goldfinch
by Donna Tartt