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Use the information given below to answer the following questions. Scenario B. Chem-Free Natural Pharmaceuticals has completed a SWOT analysis as part of their ongoing strategic planning process. They have collected the following information:
1. New regulations have been passed limiting their ability to sell certain formulations over the counter.
2. As compared to their competitors, their management team is by far the best in the industry.
3. They have fallen behind in research and development in the last few years.
4. More people are becoming interested in natural alternatives to traditional chemical pharmaceuticals; this trend is expected to continue over the next decade.
5. The company has inadequate financial resources to invest in their operations.
-In the context of the given scenario, which of the following is an opportunity for Chem-Free Natural Pharmaceuticals?
529 Savings Plan
A tax-advantaged savings plan designed to encourage saving for future education costs, operated by states and educational institutions.
College Tuition Plan
Financial arrangements or programs designed to help individuals save for or pay the costs of college education.
Taxes
Mandatory financial charges or levies imposed on individuals, businesses, or transactions by a government, used to fund public expenditures.
Paid Maternity and Paternity Leave
Company-provided time off work for new parents, with compensation, to care for and bond with their newborn or newly adopted child.
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