Develop a SWOT analysis for Fowler’s Farm based on Problem 2-47. The analysis should include two to three items in each category: strengths, weaknesses, opportunities, and threats.

In Problem

Joel Deaine, CEO of Deaine Enterprises Inc. (DEI), is considering a special offer to manufacture a new line of women’s clothing for a large department store chain. DEI has specialized in designer women’s clothing sold in small, upscale retail clothing stores throughout the country. To protect the very elite brand image, DEI has not sold clothing to large department stores. The current offer, however, might be too good to turn down. The department store is willing to commit to a large order, which would be very profitable to DEI, and the order would be renewed automatically for two more years, presumably to continue after that point.

Required

1. Determine Joel’s competitive strategy (cost leadership or differentiation) and use this strategy to analyze the choice Joel faces.

2. Explain two of the implementation tools covered in this chapter that Joel can use to implement his strategy.