Opportunities
Opportunities are external elements that a company may able to exploit to its advantage.
An opportunity is a major favorable situation in a firms environment. Key trends are one source of opportunities. Identification of a previously overlooked market segment, changes in competitive or regulatory circumstances, technological changes, and improved or supplier relationships could represent opportunities for the firm.
Webster Dictionary Meaning
1. Opportunities
- of Opportunity Category: Management & Organization Studies
Previous: ← SWOT analysis
Next: Strengths →
More from this Section
- Informal organization
Informal organization is a network of personal and social relationships that arises spontaneously ... - Matrix organizational structure
The matrix organization is a structure in which functional and staff personnel are assigned ... - Active listening
Active listening which is listening for full meaning without making premature judgments ... - Business performance management
IT software that provides key performance indicators to help managers monitor efficiency ... - Functional authority
Functional authority is the authority to make decisions on specific activities that are ...