In a SWOT analysis, which of the following is considered a threat to businesses?
A)Lack of credibility in the market
B)Limited consumer base
C)Lack of adequate financial resources
D)Poor location of service outlets
E)New entrants into the industry or market

Question

Quizplus · Accepted Answer

New entrants into the industry or market are considered a threat as they can potentially take away market share and compete with existing businesses. The other options listed (lack of credibility, limited consumer base, lack of financial resources, poor location) are considered weaknesses that businesses should address and improve upon.

In a SWOT Analysis, Which of the Following Is Considered