These are products of the interaction of various forces,trends,and events that are outside the control of the small business.

Question

Quizplus · Accepted Answer

Opportunities and threats are external factors that arise from the interaction of various forces, trends, and events beyond the control of the small business. These external factors may include changes in the market, technological advances, social and cultural developments, economic factors, and political and legal issues. Small businesses need to be aware of these opportunities and threats and adapt their strategies accordingly to remain competitive and successful.

These Are Products of the Interaction of Various Forces,trends,and Events