Emergence of new competitors and resource scarcities are environmental threats.

Name: Emergence of new competitors and resource scarcities are environmental threats.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

The emergence of new competitors can increase competition and reduce market share for a company, while resource scarcities can limit access to necessary resources and increase costs. These are both considered environmental threats as they are external factors that can negatively impact a company's operations and performance.

Emergence of New Competitors and Resource Scarcities Are Environmental Threats