Dealing with Potential Threats/Capitalizing on New Opportunities
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The external environment contains threats, and it contains opportunities. This is "OT" of the SWOT analysis of course. Give an example or two of a company you know or have read about where you feel that they did a poor job of either dealing with potential threats or capitalizing on new opportunities.
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Solution Summary
The solution discusses where management feels like they did a poor job on dealing with potential threats/capitalizing on new opportunities.
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The drafting company, R Designs, did not pay enough attention to the external environment and continued to pursue business within the construction industry. The failure of many construction and related companies was the first sign along with falling sales rates for real estate, the business the owner's mother was in. She switched jobs to become a management consultant. When two companies failed to be able to pay in a timely manner or at all, the owner continued to accept work from them, on their personal homes. The ...
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