Strengths and Weaknesses

The company is the clothing store H&M

Briefly profile your idea and its single greatest strength and weakness in each of the following categories:

People: Consider one of the following areas: skills, knowledge, capabilities, impact on others both inside and outside the company, or other (be specific).

Products and/or Services: Consider one of the following areas: distinguishing features (or lack thereof), competitive advantages/disadvantages, quality, speed of delivery, installation and/or service capabilities, or other (be specific).

Company: Consider one of the following areas: reputation, capacity, responsiveness, customer attitudes, or other (be specific).

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Strengths and Weaknesses

People

H&M is a popular clothing company in the fashion industry. The company is renowned for having loyal customers who are always ready to purchase the latest designs that the company delivers into the market. Its loyal customers pose as a huge strength for the company since it allows the company to remain competitive in an industry where competition is fierce. Increased customer loyalty also means that the company is assured of revenues every season. However, there is also a great weakness that is associated with such customer loyalty.

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