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Barbara Meyer, CEO of Luxury Living Corporation, said, "I like what I heard from our SWOT analysis. It found: (1) We have an excellent sales staff. (2) Our management team is one of the best in the industry. (3) Demand for our products in the underserved overseas market is projected to soar. (4) Our factories use the latest and most efficient equipment. (5) And our cost control system is world class." An opportunity for Luxury Living, per the SWOT analysis, is that

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jepessoa

Answer:

(3) Demand for our products in the underserved overseas market is projected to soar.

Explanation:

Opportunities in SWOT analysis are the external conditions and factors that may benefit your company and result in a competitive advantage. In this case, the only external factor included in the list was that their overseas demand is projected to increase which will increase their total sales and brand recognition.

matthysswart

Answer:

(3) Demand for our products in the underserved overseas market is projected to soar

Explanation:

An opportunity for Luxury living, per the SWOT analysis is as follow;

an SWOT analysis stands for Strengths, Weaknesses, Opportunities and Threats.

The fact that overseas market is underserved is an opportunity for Luxury living to gain market share and increase revenue. The other statements namely; (1) We have an excellent sales staff. (2) Our management team is one of the best in the industry.  (4) Our factories use the latest and most efficient equipment. (5) And our cost control system is world class would fall under strengths and is not a current opportunity under the SWOT analysis.

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