GB 530 MENTOR Motivated Minds/gb530mentor.com GB 530 MENTOR Motivated Minds/gb530mentor.com | Page 6

? 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 2.2.4 Threats – list and describe at least three threats external to your business that will threaten your success (e.g., it is common to include unexpected acts of nature, government and regulatory concerns, and competition in this section of the SWOT)