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A market analysis consists of flve phases that may be used to assist organisations analyse the attractiveness of a certain market. Use the Gary Rom
A market analysis consists of flve phases that may be used to assist organisations analyse the attractiveness of a certain market. Use the Gary Rom Hairdressing case study, from Business Cases: From SA Companies (Niewenhulzen, 2020-93-101), to conduct a market analysis, based on the five steps listed in the table. Duplicate the table below and provide practical application, based on the case study, which illustrates (shows) each step clearly. You do not need to write long discussions, just show understanding of each factor. 1 mark is awarded for each valid point and discussion. QUESTION 3 A SWOT analysis is a strategic planning tool that helps businesses identify their internal strengths and weaknesses, as well as external opportunities and threats. It can serve as a crucial starting point for any strategy planning. as it provides a comprehensive overview of a company's current situation and helps to determine areas for improvement and growth. Create a SWOT analysis for Gary Rom Hairdressing that will be used to guide their strategy planning. Include 2 points per discussion based on the case study and your personal research of the business. One mark is awarded for each valid point
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