Question: Referring to the list below, identify for each factor if it is a Strength, Weakness, Opportunity or Threat. ( 1 point each - write -

Referring to the list below, identify for each factor if it is a Strength, Weakness, Opportunity or Threat. (1 point each - write-in your response next to the factor.)Company products match customer needsEconomy is expected to grow by 1% next yearRising raw material pricesNew substitutes entering marketHighly skilled workforceChanging customer habitsIncreasing tariffs on importsLow cost structurePoor customer serviceConsolidating supplier chain (fewer but larger suppliers of raw material to your company)Rising wages in labor marketFalling entry barriersIndustry-wide product recallIntense competitionMarket is reaching maturityMarket shortagesA high degree of price competitionRival developing a new technology that would drive production costs down by 20%High employee turnoverMarket is in the Decline stage of Life Cycle

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