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Application of SWOT Analysis

question 102

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Application of SWOT Analysis
Terry had been told to reexamine the strategic niche their company held in the cosmetic industry. Top management did not want the company caught unaware of any changes occurring. Terry began reviewing a list of factors in his mind. There had been some negative publicity lately due to cosmetic testing on animals. The animals were well treated, but they were used to test new products. Positively, sales industry- wide was up 10%. Women were buying more cosmetics in general, which was nothing but good for the company. Another positive factor was their personnel. They had good people working in the company, particularly in research and development. The only other negative Terry could find was that the advertising campaign that was begun last year had not shown the results they had hoped for. Something needed to be done in that department. Terry began to compile his report.
-Having a good research and development department is a real ___________ for the company.


Definitions:

Neuronal Maturation

The process by which neurons develop, mature, and acquire the ability to communicate through synapses.

Dendrite Growth

The process by which dendrites, the branching extensions of neurons, expand to increase the capacity for forming connections with other neurons.

Synapse Formation

The process by which neurons form synapses with each other, enabling communication through neurotransmitter release and receptor binding.

Specialization

The process by which cells, organisms, or individuals become adapted to perform a specific function or to thrive in a particular environment.

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