Threats are negative external forces that inhibit a company's ability to achieve its mission, goals, and objectives.

Question

Quizplus · Accepted Answer

This statement is correct. Threats are external factors that can have a negative impact on a company's ability to achieve its goals and objectives. Such factors can include economic downturns, changing customer preferences, new regulations, competitive pressures, and other similar factors outside the control of the company. It is essential to identify and monitor potential threats to develop effective risk management strategies and minimize their impact on the business.

Threats Are Negative External Forces That Inhibit a Company's Ability