BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following could be a threat?
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A market vacated by an ineffective competitor
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Location of your business
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Lack of marketing expertise
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Changes in technology
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Explanation:
Detailed explanation-1: -A threat can be either a negative “intentional” event (eg, hacking: a single attacker or a criminal organization or an “accidental” negative event eg, a possible computer malfunction or a natural disaster earthquake, fire or tornado)
Detailed explanation-2: -Threats include anything that can negatively affect your business from the outside, such as supply-chain problems, shifts in market requirements, or a shortage of recruits.
There is 1 question to complete.