Below are factors and elements in the business, market and
environment that affect the success of the business. Determine whether they
are (S) strengths, (W) weaknesses, (O) opportunities or (T) threats. Write only
the first letter of your answer and write it in your TLE notebook.
__________________1. The business has staff who are experienced and well
– trained.
__________________2. There are new technologies that are better and more
advanced than what the business uses.
__________________3. The government strongly supports small and medium
enterprises to boost the growth of the businesses.
__________________4. The business is located in an area that has many
customers.
__________________5. New and popular products are being introduced in the
market from other competitors.
__________________6. The establishment looks old and needs repairs.
__________________7. The owner has invested small capital into the
business.
__________________8. The business space has a limited capacity to entertain
many customers at the same time.
__________________9. The small nature of the business enables it to provide
excellent customer care because the small amount of work allows its staff to
devote more time to customers.
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____________________10. The small size of the business’ workforce puts it in
helpless position when a staff member becomes sick or takes a leave from