Question

Situational analysis reveals that your company, an office cleaning franchise, will face steadily increasing costs for new cleaning supplies, this would be?

1) Strength
2) Weakness
3) Threat
4) Opportunity
5) None of the above

Answer 1

Rising costs for cleaning supplies in a situational analysis are considered a threat to the office cleaning franchise, potentially impacting profitability and competitive position.

Step-by-step explanation:

In the situational analysis, facing steadily increasing costs for new cleaning supplies would be classified as a threat to the office cleaning franchise. In a SWOT analysis, threats are external factors that could negatively impact the business. These rising costs can affect the company's profitability and competitive position.Addressing this threat might involve negotiating better prices with suppliers, finding more cost-effective products, oeven increasing services prices to maintain profit margins. It's important for the company to monitor this trend and develop strategies to mitigate the impact of higher supply costs.

In this scenario, the situation of steadily increasing costs for new cleaning supplies for your office cleaning franchise would be classified as a Threat. A situational analysis involves examining internal and external factors that can impact a company's performance. In this case, the increasing costs pose a challenge or threat to the company's profitability and sustainability.