Related Actions
to leverage
To leverage something means to use it to its full potential.
The company leveraged its distribution network to deliver goods faster than its competitors.
to capitalize on
To capitalize on something means to take advantage of it.
If you don't capitalize on an opportunity, you may not get another chance.
to overcome
To overcome something means to handle it successfully.
A company needs to overcome its weaknesses to keep competitive.
to reduce
To reduce something means to make it smaller or less significant.
They decided to reduce the R&D budget and focus on sales.
A company can reduce threats by preparing for them.
Questions
If you are leveraging something, you are...
>using it to its full potential.
If you don't capitalize on an opportunity, you may not have the chance again.
By leveraging its strengths, a company can implement unique strategies that can give it an advantage.
You should leverage the results of your SWOT analysis to help improve your company.
The company capitalized on its brand recognition to expand into a new market.
If you don't capitalize on this trend, your competitors will.
She capitalized on her experience to negotiate a higher salary.
It can capitalize on its reputation with customers to expand into a new market.
If a company wants to improve its performance, it needs to...
>overcome its weaknesses.
If you are making the amount of something less than it was before, you are...
>reducing it.
They hired a consultant to overcome their lack of expertise.
They company's products were outdated, but it overcame this issue by investing more in R&D.
The company overcame the scandal and re-established its market position.
The company needed to reduce its workforce in order to cut costs.
Companies must stay aware of market trends to capitalize on opportunities and reduce threats.
It reduced the threat of increased competition by focusing on smaller niche markets.
They hired a consultant to overcome their lack of expertise.