The owners of Smith's Yard Mart,a family-owned garden center in a rural community,are concerned over the news that a large retailer with a garden center is building a new store on the other side of town.According to a SWOT analysis,this new retailer is a(n)____ to Smith's.

Question

Quizplus · Accepted Answer

A SWOT analysis examines the strengths, weaknesses, opportunities, and threats facing a business. In this scenario, the new retailer building a garden center represents a threat to Smith's Yard Mart, as it is a potential competitor that could take away market share and profits. Therefore, the answer is B - threat.

The Owners of Smith's Yard Mart,a Family-Owned Garden Center in a Rural