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SWOT Analysis
SWOT is an acronym for strengths, weaknesses, opportunities, and threats. By systematically evaluating all four of these factors, a firm can then develop the best strategies for gaining a competitive advantage.
Low-cost Producer
A business or manufacturer that can produce goods or services at a lower cost than competitors, often due to economies of scale, technology, or efficient processes.
Strategic Planning Team
A group of individuals within an organization responsible for developing strategies to achieve long-term objectives and goals.
Opportunity
A set of circumstances that makes it possible to do something or for something to happen; often linked with potential for success or advancement.
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