Mikes Bikes SWOT Analysis

Mikes Bikes SWOT Analysis

Strengths

Technology (Mikes Bikes) Superior technology allows Mikes Bikes to better meet the needs of their customers in ways that...
Customer Loyalty (Mikes Bikes) When given a choice, customers are loyal to Mikes Bikes. Instead of targeting all customers, Mikes...

Weaknesses

Cost Structure (Mikes Bikes) A weak cost structure means Mikes Bikes’s costs are high in comparison to their competitors…
Lack of Scale (Mikes Bikes) A lack of scale means Mikes Bikes’s cost per unit of output is very high. Increasing volume, while...

Opportunities

New Products (Mikes Bikes) New products can help Mikes Bikes to expand their business and diversity their customer base…
New Markets (Mikes Bikes) New markets allow Mikes Bikes to expand their business and diversify their portfolio of products and...
International Expansion (Mikes Bikes) International markets offer Mikes Bikes new opportunities to expand the business and increase...

Threats

Intl Competition (Mikes Bikes) International competitors are numerous and difficult to combat, because they can have many...
Volatile Costs (Mikes Bikes) Volatile costs mean Mikes Bikes has to plan for scenarios where costs skyrocket. Cautious planning...

Mikes Bikes SWOT Analysis Profile

Additional Information

What is a SWOT Analysis? It is a way of evaluating the strengths, weaknesses, opportunities, and threats that affect something. See WikiWealth's SWOT tutorial for help. Remember, vote up the most important comments. Check out WikiWealth's entire database of free SWOT reports or use our SWOT analysis generator to create your own SWOT template.

SWOT Conclusion

Strengths + Opportunities = 5

Threats + Weaknesses = 4

Be the first to write a conclusion… … A history of overcoming weaknesses makes it difficult for other firms to exploit their difficulties. The ability to capitalize on opportunities get rewarded with higher profits and lower costs. A good defense against threats lowers the risks that profits will decrease. Maintaining strengths can help maintain high profits and low costs.

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