Choose the right answer Question 113 ptsOur marketing department have identified a new use for our product which with a slightrepositioning could result in a new market in which we can generate sales. Under a SWOTanalysis what would this be best described as?StrengthO OpportunityThreatO Weakness Question 103 ptsWhich of the following statements about small-medium enterprises (SMES) in the UK isincorrect?O There are in the region of 6 million SMEs in UKO Construction is the industry with highest SME employment in UKO SMES account for over 50% of turnover in UKO SMES account for over 60% of employment in UK

Opportunities are the favorable external factors that could give a firm a competitive advantage over…

Our marketing department have identified a new use for our product which with a slight repositioning could result in a new market in which we can generate sales. Under a SWOT analysis what would this be best described as? Strength O Opportunity Threat O Weakness

Our marketing department have identified a new use for our product which with a slight repositioning could result in a new market in which we can generate sales. Under a SWOT analysis what would this be best described as? Strength O Opportunity Threat O Weakness

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question 10
3 pts
Which of the following statements about small-medium enterprises (SMES) in the UK is
incorrect?
O There are in the region of 6 million SMEs in UK
O Construction is the industry with highest SME employment in UK
O SMES account for over 50% of turnover in UK
O SMES account for over 60% of employment in UK

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