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STEEPLE analisis - Coggle Diagram

- - - - An example we have discussed in calss is 4 oceans who are a start up that produces braclets from plastic waste from the ocean and after buying one braclet they take out 20 kilos of trash from the ocean, this build upon the using the envroment as a opportunity
  - - - A real life example of this would be if the US removed the embargo from Cuba this would lead them to gain lots more turists giving way for business owners to sett up new businesses
  - - - An example that we have seen also in our class envirment was that of nancy's cusin who after the 2008 recession bought many stores while others were closing he was able to see a great opportunity
  - - - An example of this could be if a new law passed in italy passed legalising nuclear energy, this would lead to lots of energy companies tring to diversifie in an empty market
  - - - This concept ties into supply and demand
- - - - this social issue lead my mom to diversifie her companie developing other strategies that her competitors did not have this would consist of online events
  - - - .
- - - - Difficulty building awarness around the brand
      - Difficulty rasing money
      - Lack of experiance
        
        (reson why many sucefull business owners have experiance in the secotr beforehand)
      - Lack of market power because of being a small business