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15 November, 02:44

Kimball's Vintage Hats is an online-only business selling unique and affordable replicas of vintage designer hats. The business is new, but Kimball worked in Europe for years as a milliner. He sells his wares through an Etsy storefront and has the objective of becoming successful enough to work full time at his passion, this company. What tool or model would most assist Kimball's Vintage Hats to effectively set its marketing objectives and strategies?

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  1. 15 November, 03:04
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    SWOT analysis

    Explanation:

    SWOT analysis -

    It refers to the planning method, which is adapted by the organisation or person, in order to analyse and determine the weakness, strength and opportunities for the organisation, is referred to as SWOT analysis.

    The method is useful for the betterment of the organization or company.

    Hence, from the given scenario of the question,

    The correct term is SWOT analysis.
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