BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Threat – an unfavorable condition in the organization’s environment causing damage to the organization.

Detailed explanation-2: -A threat is any unfavourable situation in the organisation’s environment that is potentially damaging to its strategy.

Detailed explanation-3: -The hostile environment Around the collaborative environment is the competitive hostile environment. Here, companies compete against one another to get the attention and business of customers. When each has a ‘fair share’ of the market, this can be a polite and ordered affair.

Detailed explanation-4: -Examples of environmental factors affecting business include employees, competitors, suppliers, customers’ needs, owners, government regulations, market trends, technological developments, social factors, and economic factors.