Problem: Suppose that you are the Chief Risk Officer of the lighting company described in the case study. The board has asked you to read the article Are LED Lights Safe? and to develop a new SWOT analysis to take into account the potential risks associated with LED lights. The board is particularly interested in whether the company should increase its Research and Development budget to develop safer forms of LED lights. In your answer to the board, please discuss at least one of the following:
- Strength
- Weakness
- Opportunity
- Threat