10 Jun Week 2 DiscussionTop of Form’Opportunities’For this week’s disc
Week 2 DiscussionTop of Form’Opportunities’For this week’s discussion, we will expand on the non-alcoholic beverage (NAB) business you began developing in the Week 1 discussion. As part of your business plan, you will be required to conduct a SWOT analysis (Strengths, Weaknesses, Opportunities and Threats) in Assignment 2.For this week’s discussion, please respond to the following:1. Discuss three OPPORTUNITIES you can identify for your NAB business. Briefly describe each and clarify how your business can grow by pursuing each opportunity. Notes: · Check out Chapter 9: Strategic Position and Risk Assessment to learn more. · You will use this week’s information in Assignment 1, question 7. To help you get started with Week 2 Discussion Top of FormNumber each opportunity and describe each in a separate paragraph clarifying how your business can grow by pursuing that opportunity.Opportunities: What good opportunities can you spot? What interesting trends are you aware of?Useful opportunities can come from such things as: Changes in technology and markets on both a broad and narrow scale. Changes in government policy related to your field. Changes in social patterns, population profiles, lifestyle changes, and so on. Local events.Examples here: https://pestleanalysis.com/swot-analysis-opportunities-definition-examples/Another example- SWOT analysis for Honest Tea Company – check out the opportunities’ section Strengths, weaknesses, opportunities, and threats (SWOT) analysis based on Honest Tea’s business plan (PDF).Check out the video below on how to address this week’s discussion.
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