High number of competitors

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MasudIbne756
Posts: 92
Joined: Sat Dec 21, 2024 3:55 am

High number of competitors

Post by MasudIbne756 »

Threats:


– High market entry costs;

– Crisis in the footwear sector;

– Potential difficulties in the relationship between the client and the subcontractor;

– Reduced predictability of customer feedback on the final product;

– Difficulty in finding and retaining highly qualified job seekers data employees, such as model makers and designers.

From this example of SWOT Analysis, very significant strengths and opportunities emerge, but also equally significant difficulties, which must be carefully evaluated in order to avoid making unwise decisions.

In any case, the final choice on the path to follow always remains with the company owner or the CEO.
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