Which of the following identifies the main difference between an opportunity and a threat for a company's environment?
A) Opportunities open a company up for risks to their profitability while threats allow for implementation of strategies which can increase profitability.
B) Opportunities provide a company the freedom to take advantage of conditions in the environment while threats can mean peril for a company's integrity and profitability.
C) Opportunities arise in the external environment while threats primarily play out in the internal environment of a company.
D) Opportunities generally relate to the increased competition provided by new arrivals to the industry and threats are focused on the exiting of competitors in the industry.
E) The only difference between an opportunity and a threat is whether a company decides to pursue new strategies or to stick with proven strategies as a result of the new element or condition.
Correct Answer:
Verified
Q21: Changes in the characteristics of a population,
Q22: A consolidated industry structure:
A) consists of several
Q23: Deregulation of the mortgage industry is an
Q24: Which of the following industry structures is
Q25: A group of firms manufactures writing implements
Q27: Porter's Five Forces model did not recognize
Q28: Which of the following is not a
Q29: Which of the following would not diminish
Q30: Successful innovation cannot transform the nature of
Q31: Studying industry changes over time is essential
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents