GOOD EARTH
Thursday, 16 June 2016
CONDUCTING
COMPETITOR ANALYSIS
The
business team of 25 young entrepreneurs completed the competitor analysis separately
for handicraft products, jewellery items, cloth/jute bags as well as for compost,
saplings and flower cuttings after going through the responses of the parents
and teachers, discussions with each other as well as with the Incharge
teachers. We were then able to summarize the strengths and weaknesses of our
competitors.
COMPLETING
SWOT ANALYSIS
Completing
the SWOT Analysis for handicraft products, jewellery items, cloth/jute bags as
well as for compost, saplings and flower cuttingsenabled
us to understand our business better. We realized that we must take steps to:
- make optimum use of our strengths
- address our weaknesses
- capitalize on our opportunities
-
avertthreats
