A company can use several strategies to mitigate its weaknesses in the face of market threats. These include investing in research and development to improve innovation, diversifying its product range to reduce dependence on a single product, improving financial management to increase resources, and adjusting pricing strategies to remain competitive. It can also seek strategic partnerships or mergers to strengthen its position, and invest in employee training to improve skills and productivity.
Have your organization’s marketing efforts stalled out with overpriced ads and harder customer conve...
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