SWOT Analysis for the Rapid Term Paper

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Overall, the threat of foreign competition represents a considerable problem to be addressed both in the plastics industry itself and in the entry into Rapid Tooling due to the fact that low cost wages in foreign countries often gives the foreign interests a somewhat unfair advantage over others (the Journal). Moreover, the investment required is substantial, and the possibility of unfair competition may make the investment all but useless.

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Summary/Conclusion

The firm has in its midst something, in the form of Rapid Tooling, that could revolutionize the way that business is conducted in the future, leading to new products and opportunities; however, there are also pitfalls that must be acknowledged and addressed. In closing, let it be understood that all of the facets of Rapid Tooling must be examined before action is taken.

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