CSEET · Economic and Business Environment · Business Environment
In a SWOT analysis of an Indian two-wheeler manufacturer, which of the following would be classified as an opportunity?
Government incentives for electric vehicle adoption are an opportunity, because opportunities are favourable factors arising in the external environment. The dealer network is an internal strength, ageing machinery an internal weakness, and rising raw material costs an external threat.
- AStrong dealer network built over twenty years
- BGovernment incentives announced for electric vehicle adoptionCorrect
- CAgeing machinery in the main plant
- DRising raw material prices due to global shortages
Explanation
Opportunities are favourable external factors. Government incentives for electric vehicles come from outside the firm and favour it. The dealer network is an internal strength, ageing machinery is an internal weakness, and rising raw material prices are an external threat.
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