Question: Can you explain every bullet point into differ for the opportunities and threats bellow? Opportunities: - Expansion to other nations - Further innovation of ultra

Can you explain every bullet point into differ for the opportunities and threats bellow?

Opportunities:

- Expansion to other nations

- Further innovation of ultra rope

- 13% of their global sales come from modernization

- Improve market strategy of the UltraRope

Threats:

- Geographically diversified competitors

- Based in Finland

- Otis is trying to strengthen the steel cable

- Not manufacturing in China

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