Diego is part of a strategic planning team.He has identified that his company is a low-cost producer in its industry.This should be listed on a SWOT analysis as a(n) _____.

A) threat
B) weakness
C) opportunity
D) strength

SWOT Analysis

SWOT is an acronym for strengths, weaknesses, opportunities, and threats. By systematically evaluating all four of these factors, a firm can then develop the best strategies for gaining a competitive advantage.

Low-cost Producer

A business or manufacturer that can produce goods or services at a lower cost than competitors, often due to economies of scale, technology, or efficient processes.

Strategic Planning Team

A group of individuals within an organization responsible for developing strategies to achieve long-term objectives and goals.