By finding out the various strengths, weaknesses, threats and opportunities to their business, Emilio and Dylan are engaging in a SWOT Analysis of their construction business.
A SWOT analysis enables a company to find out:
This is what Emilio and Dylan are doing and it is very important as it can allow a company to see the things it needs to do to be successful.
In conclusion, Emilio and Dylan are conducting a SWOT analysis to ensure that their business grows.
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