A(n)______ is a major unfavorable situation in a firm's environment.
A) Weakness
B) Core strength
C) Competitive disadvantage
D) Threat

Question

Quizplus · Accepted Answer

A threat is an external factor that can harm or negatively impact a company's performance or profitability. This can include things like changes in the market, shifts in consumer behavior, new regulations, and the entry of new competitors. Threats are typically outside of a company's control, and managers must be aware of them and develop strategies to mitigate these risks in order to protect the business.

A(n)______ Is a Major Unfavorable Situation in a Firm's Environment