Threats 1 increase in cost of electronic components

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Threats. 1. Increase in cost of electronic components.
GoPro buys electronic component that it uses to make its products. The rise in the cost of these components has posed an alarming threat as production costs are made to go high. 2. Low entry barriers for indirect competitors. Indirect competitors such as Samsung have the technology and awareness with them and GoPro would have hard time beating them invading its market share. 3. Counterfeit Many companies are trying to make fake GoPro products, posing a direct threat to the company. 4. Existence of mature markets Mature markets are competitive. In order for GoPro to grow in a mature market, it has to increase market share, which is difficult and expensive. SWOT conclusion Strengths + opportunities = 7+5 = 12 Weaknesses + threats = 3+4 = 7 GoPro needs to fix its weaknesses and build strong defensive mechanisms against what the threats pose. So far, it stands out that GoPro has both positive long-term and short-term positive impacts than it has negative ones. Name: Raid Alyahya Course: Strategic Management Company: GoPro

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