SWOT Analysis
Choose an e-commerce business that you might like to use for your course project this semester. This business can be real or fictitious, for-profit or nonprofit. To help you decide if your proposed business can be viable, you need to do a SWOT Analysis (SWOT stands for Strengths, Weaknesses, Opportunities, and Threats).
Answer these questions in your SWOT Analysis
Type of Business:
What kind of business or non-profit organization is this?
Strengths:
1. What does your business do well?
2. Is your business strong in its market? (do research and support with evidence)
3. Does your business have a strong sense of purpose and the culture to support that purpose? visit https://en.wikipedia.org/wiki/SWOT_analysis for more details.
Weaknesses:
1. What does your business do poorly?
2. What problems could be avoided?
3. Are there any potential financial difficulties?
Opportunities:
1. Are industry tends moving upward? (do research, support with evidence, provide sources)
2. Do new markets exist for your products or services? (do research, support with evidence, provide sources)
3. Are there any new technologies you can exploit? (think about web-based or computer-based technologies)
Threats:
1. Who are your competitors? (be specific for your marketplace)
2. What are competitors doing well?
3. What obstacles do you face?
4. Are there troubling changes in your business environment such as technologies, laws, and regulations? (do research, support with evidence, provide sources)
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