Which of the following does not represent a possible opportunity for a manufacturing firm as a part of SWOT analysis?
A) Demographic trends.
B) Technological advances in the industry.
C) A patent developed by another firm for manufacturing a product.
D) Changes in regulation of the industry.
E) Changes in the economic environment facing all industries.

Question

Quizplus · Accepted Answer

A patent developed by another firm for manufacturing a product is not an opportunity for a manufacturing firm as it limits their ability to manufacture and market that specific product. The other options - demographic trends, technological advances, changes in regulation, and changes in the economic environment - all present potential opportunities for a manufacturing firm to capitalize on and gain a competitive advantage.

Which of the Following Does Not Represent a Possible Opportunity