227k views
0 votes
In the context of a SWOT analysis, what would be classified as an opportunity for a manufacturing firm?

a-a lawsuit filed by an environmental outfit concerning environmental pollution
b-a renewed business contract with a supplier for raw materials
c-a technological breakthrough by its research and development department
d-a rise in demand for products that the firm manufactures

User Raza Mehdi
by
7.1k points

1 Answer

3 votes

Final answer:

Opportunities for a manufacturing firm in a SWOT analysis include a rise in product demand, technological breakthroughs, and renewed business contracts with suppliers. Option C

Step-by-step explanation:

An opportunity for a manufacturing firm in the context of a SWOT analysis would be a rise in demand for products that the firm manufactures. This is because an increase in demand indicates a potential for increased sales and revenue for the company.

Another opportunity for a manufacturing firm could be a technological breakthrough by its research and development department. This breakthrough could lead to the development of new and innovative products, giving the company a competitive advantage in the market.

Lastly, a renewed business contract with a supplier for raw materials can also be classified as an opportunity. This would ensure a stable and reliable supply of raw materials, allowing the firm to continue production without any disruptions. Option C

User TrialNerror
by
7.4k points