Complete a swot analysis for the selected industry

Complete a SWOT analysis for the selected industry. The SWOT analysis allows a business to understand how a competitor is positioned in the environment by assessing its strengths, weaknesses, opportunities, and threats. An understanding of a competitor’s position can be a key for a business to determine where funding and resources should be allotted to create new products or services.

 

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Use information in the industry profile overview and other scholarly sources as needed. The SWOT analysis should include each of the following:

 

  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

 

Write a 1,050- to 1,500-word paper, including the following attributes:

 

  • SWOT analysis, including a SWOT chart
    • Identify opportunities (either product or service) that could improve the customer experience.
  • Strategy evaluation
    • Define strategic tasks.
    • Assess the industry’s capabilities.
    • Identify the barriers to strategy implementation.
  • A response to the following:
    • Based on the SWOT analysis and strategy evaluation, what are some creative actions the industry can pursue to include innovation as a component of their strategy?

Format your paper consistent with APA guidelines.

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