Management in a firm cannot control:

Question

Quizplus · Accepted Answer

Opportunities and threats are external factors that management cannot control, as they are influenced by factors outside the firm such as the market, competition, and government regulations. Management can only analyze and respond to these factors to minimize risk and take advantage of opportunities. Strengths and weaknesses, on the other hand, are internal factors that management can control to some degree through strategic decisions and actions.

Management in a Firm Cannot Control