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that your company/product can respond to in some way. Remember: trends are long term; fads are short term. 2.1.4 Market Growth ? Is the market growing, static, diminishing? What are the growth trends? ? What is the evidence? What research are you using to determine market growth? ? How will you address the market if it is growing, static, or diminishing? 2.2 SWOT Analysis (refer back to Chapter 2 of your Kotler text for a thorough explanation of a SWOT analysis) 2.2.1 Strengths – list and describe at least three positive internal aspects that add value 2.2.2 Weaknesses – list and describe at least three negative internal aspects that place you at competitive disadvantage 2.2.3 Opportunities – list and describe at least three opportunities external to your business that will lead to your success