__________ typically occur within the competitive, customer, economic, political/legal, technological, and/or sociocultural environments of the firm.
A) Strengths and weaknesses
B) Strengths and opportunities
C) Opportunities and threats
D) Weaknesses and threats
E) Opportunities and weaknesses

Question

Quizplus · Accepted Answer

Opportunities and threats are external factors that typically occur within the competitive, customer, economic, political/legal, technological, and/or sociocultural environments of the firm. Opportunities represent external factors that the firm might exploit to its advantage, while threats are external challenges that could cause trouble for the business.

__________ Typically Occur Within the Competitive, Customer, Economic, Political/legal, Technological