An entrepreneur wants to expand her business and is faced with rising interest rates and tightening of credit.The best place in a SWOT analysis to identify this economic trend is ___________________.

Question

Quizplus · Accepted Answer

The rising interest rates and tightening of credit are external factors beyond the control of the entrepreneur's business and can potentially harm the business. Therefore, it is best identified under external threats in the SWOT analysis.

An Entrepreneur Wants to Expand Her Business and Is Faced