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Strengths and weaknesses are internal factors and are found within the company. Strength could be an advantageous location or quality products. A weakness could be lack of experienced employees or bad public reputation. Opportunities and threats are external factors and only include things that affect the company from its external environment. An Opportunity could be investing in new markets; much like Canada and a threat would be high gas prices. Even though Best Buy has been a very profitable company, profits are not everything and even a corporation such as Best Buy can stand for improving and after careful planning threats and weaknesses can turn into strengths and opportunities...
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Common topics in this essay:
- Analysis of a Decision Making Model
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