Module Six SWOT Activity
Module Six SWOT Activity
Module Six SWOT Activity
The categories that gave me pause was the threats and weaknesses. When it came to the item
“Increased price of raw materials” I thought it was a weakness due to it impacting the cost of
material. Since it is something that is a beyond my control and is an outside factor, it is actually a
threat
I have learned that weaknesses are items that I have the control to change and threats are external
issues that I can not control.
The SWOT analysis category I think marketers may overlook the most would be the threats.
Threats may not be obvious which makes them difficult to identify.
One of the potential negative impacts of overlooking threats is that it may financially impact the
business in loss of sales or increase in cost of labor and/or materials. Another potential negative
impact is the inability to turn a threat into a strength such as finding the same material with a
different supplier at a cheaper rate.