“Every success story is a tale of constant adaptation, revision, and change.” – Richard Branson A SWOT analysis is a method used in any business or marketing plan to identify internal and external aspects about the product of the activity. It stands for: S = Strengths; W = Weaknesses; O = Opportunities; T = Threats. This exercise can also […]
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Everyone Knows Their Weaknesses, Now It’s Time to Exploit Your Strengths
Note from the Editor: This article was originally published in the Reading Eagle’s Business Weekly and is re-posted with their permission. It was contributed by Dr. Santo D. Marabella, The Practical Prof(R). * * * * When companies talk about setting up “shop” overseas or outsourcing certain operational functions (i.e. accounting), they are typically trying to cut costs. […]