Assignment 2

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ASSIGNMENT 2:

1. Search for at least two (2) business opportunities in your area or where you want to put
up a business and do a SWOT (Strength, Weaknesses, Opportunities, Threat) Analysis on
each opportunity has the greatest advantage. Don’t forget to cite your references used in
your paper to avoid plagiarism.
Sari-sari Store
(I chose this business opportunities because my parents are the owner of Sari-sari store.)
Strengths Weaknesses
- Good customer service. - Higher capital is required.
- Store is well equipped and well man - Margins are low.
powered. - Competition is tough.
- Regular and more customers are - Poor maintenance on the quality
available control of a product.
- Clean and organized space - Customer’s credit.
- Complete items - Lack of cooperation among our
- Low product prices family member

Opportunities Threats

- The location is in highway and - Government is considered as a threat


crowded place because of the possibilities of
- The goods serve as our daily demanding a renovation due to road
household stocks. widening.
- You are the boss of your own - Many competitors in the area.
business. - Threats from the natural disasters like
- You can save based on retail earnings typhoon and climate change.
- It enhances mathematical skills.

Online Selling
Strengths Weaknesses
- 24/7 availability - High shipping cost
- Business strategy - Incompetent supply chain
- Ease of communication - Absence of direct interaction with the
- Low costs for maintenance end customers
- Quality service and the product - Limited number of online customes
- Competitive pricing

Opportunities Threats

- Global expansion - Heavy competition


- Social Media advertising - Bad customer reviews
- Collaboration with other firms - Local competition.
- Joint ventures

Reference: https://creately.com/diagram/example/jk2eiiwc2/SWOT+Analysis+for+Online+Business

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