A market segment is a process of defining a large pool of customer into smaller groups who respond or have similar needs and wants as well as have some demands characteristics. The …show more content…
strength are internal capabilities which may lead the organization to serve its customer in the best way possible as well as to achieve their goals. Weaknesses are internal factors but not favorable to the company, and it is the best to be realistic at this point and face the unpleasant truth as soon as possible to avoid a negative situation which may affect the company's performance in the long-term. Opportunities are external factors which are favorable and the company may be apple to use as it advantages over it is competitors and develop its external environment. Threats are current and emerging external factors which may challenge the company's performance in the near future or the obstacles of the organization. The object of the (SWOT) analysis is to match the company's strength to attract opportunities that can be fit for the company's operation and to met its objective, at some time eliminating the weaknesses and minimizing threats. Make this analysis may help the company perfects its objectives and with other marketing tools as