Give one weakness of ABC in the case.

Prepare comprehensively for the ABC IB Business Management Paper 1 Exam with our engaging and insightful practice test. Explore detailed questions with explanations to ensure success. Start your journey to acing the exam now!

Multiple Choice

Give one weakness of ABC in the case.

Explanation:
In SWOT analysis, a weakness is an internal limitation that could reduce competitiveness. The best answer points to a gap in market-specific expertise: ABC has less experience in the precious metals market than in its established concrete production. This lack of relevant experience can lead to higher learning curves, weaker customer relationships, supply-chain challenges, and regulatory missteps if the company tries to move into or expand in the metals market. It directly reflects an internal shortcoming tied to the company’s capabilities, making it the most suitable weakness. The other options describe resources or strengths rather than weaknesses: having more experience in metals than concrete would be a strength; a large workforce is a resource that could be efficient or costly but isn’t inherently a weakness; excellent regulatory compliance is a clear strength.

In SWOT analysis, a weakness is an internal limitation that could reduce competitiveness. The best answer points to a gap in market-specific expertise: ABC has less experience in the precious metals market than in its established concrete production. This lack of relevant experience can lead to higher learning curves, weaker customer relationships, supply-chain challenges, and regulatory missteps if the company tries to move into or expand in the metals market. It directly reflects an internal shortcoming tied to the company’s capabilities, making it the most suitable weakness.

The other options describe resources or strengths rather than weaknesses: having more experience in metals than concrete would be a strength; a large workforce is a resource that could be efficient or costly but isn’t inherently a weakness; excellent regulatory compliance is a clear strength.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy