Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Assessing competitive advantages over rivals
B
Understanding external challenges that could hinder progress
C
Recognizing internal limitations that need improvement
D
Exploring new market opportunities for growth
Understanding the Answer
Let's break down why this is correct
Answer
In a SWOT analysis, identifying Threats means looking at external dangers that could hurt the organization, such as new competitors, changing regulations, or economic downturns. This step helps you foresee what could go wrong and plan ways to avoid or lessen those problems. By spotting threats early, you can develop strategies to protect the business, like diversifying products or improving customer loyalty. For example, a coffee shop might see a threat from a new chain opening nearby and decide to focus on unique, locally sourced drinks to stay competitive.
Detailed Explanation
Threats are problems that come from outside the organization. Other options are incorrect because This option talks about internal strengths and how a company can beat competitors; This answer mentions internal weaknesses.
Key Concepts
SWOT Analysis
Strategic Planning
Business Growth
Topic
SWOT Analysis
Difficulty
easy level question
Cognitive Level
understand
Practice Similar Questions
Test your understanding with related questions
1
Question 1In a SWOT analysis, which of the following is an example of a threat that a company may face in its external environment?
easyBusiness
Practice
2
Question 2In a SWOT analysis, which of the following threats can significantly impact a company's resource allocation decisions?
mediumBusiness
Practice
3
Question 3Which of the following statements accurately describe the components of a SWOT analysis? Select all that apply.
mediumBusiness
Practice
4
Question 4In a SWOT analysis, which of the following best describes the role of identifying 'Threats'?
easyBusiness
Practice
5
Question 5In a SWOT analysis, which of the following is an example of a threat that a company may face in its external environment?
easyBusiness
Practice
6
Question 6In a SWOT analysis, which of the following threats can significantly impact a company's resource allocation decisions?
mediumBusiness
Practice
7
Question 7Which of the following statements accurately describe the components of a SWOT analysis? Select all that apply.
mediumBusiness
Practice
8
Question 8In a SWOT analysis, which of the following best describes the role of identifying 'Threats'?
easyBusiness
Practice
9
Question 9In a SWOT analysis, which of the following is an example of a threat that a company may face in its external environment?
easyBusiness
Practice
10
Question 10In a SWOT analysis, which of the following threats can significantly impact a company's resource allocation decisions?
mediumBusiness
Practice
Ready to Master More Topics?
Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.