In a SWOT analysis, which of the following would be considered an external threat?
Practice Questions
1 question
Q1
In a SWOT analysis, which of the following would be considered an external threat?
High employee turnover
Increased competition
Lack of resources
Poor management
In a SWOT analysis, increased competition is an external threat that can impact the business negatively.
Questions & Step-by-step Solutions
1 item
Q
Q: In a SWOT analysis, which of the following would be considered an external threat?
Solution: In a SWOT analysis, increased competition is an external threat that can impact the business negatively.
Steps: 5
Step 1: Understand what a SWOT analysis is. It stands for Strengths, Weaknesses, Opportunities, and Threats.
Step 2: Identify the difference between internal and external factors. Internal factors are things within the business (like strengths and weaknesses), while external factors are outside influences (like opportunities and threats).
Step 3: Recognize what an external threat is. An external threat is something from the outside that can harm the business.
Step 4: Consider examples of external threats. Increased competition is one example, as it can lead to loss of customers and market share.
Step 5: Conclude that in a SWOT analysis, increased competition is indeed an external threat.