Within an industry, an environment can present opportunities to one organisation and pose threats to another.

Question

Quizplus · Accepted Answer

This statement is true. Opportunities and threats can arise from various external factors such as changes in technology, consumer behavior, regulations, and competition within an industry. These factors impact different organizations differently depending on their strengths, weaknesses, and strategies. Therefore, one organization may benefit from an environmental change while another may face challenges.

Within an Industry, an Environment Can Present Opportunities to One