G9 Financial & Qualitative Factors Affecting Business Location

Review of SWOT Analysis 
and Factors 
Affecting Business Locations
Tuesday, 20th February 2024
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Business StudiesSecondary Education

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Review of SWOT Analysis 
and Factors 
Affecting Business Locations
Tuesday, 20th February 2024

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    You learnt about SWOT Analysis last lesson.
   What does SWOT stand for? 

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What does SWOT stand for?
A
success, worker, overheads, target
B
strengths, weaknesses, opportunities and threats
C
size, winner, office and timeline
D
sell, work, open and time

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A business can use a SWOT analysis to...
A
assess if a business idea is good or not
B
assess who is buying the products
C
assess what products customers want

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Rowdha has a great business idea but because she is a sole trader, she does not have much access to finance. What is this an example of?
A
strength
B
weakness
C
opportunity
D
threat

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Aisha's computer business in Al Jurf is doing well, but a new computer shop just opened in the same area. What is this an example of?
A
strength
B
weakness
C
opportunity
D
threat

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What do entrepreneurs have to think about when choosing a business location?

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