Changing Consumer Tastes, Hostile Takeover Offers, and New Competitors Would

question 63

Multiple Choice

Changing consumer tastes, hostile takeover offers, and new competitors would be classified as

• A) strengths.
• B) natural responses.
• C) threats.
• D) opportunities.
• E) weaknesses.

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Definitions:

Apparent Authority

The appearance or assumption of authority based on the actions or statements of the principal, which leads a third party to believe that an agent has authority to act.

Actual Notice

Knowledge actually possessed by a person, as opposed to knowledge assumed or implied by law.

Tortious Act

A wrongful act that results in injury or harm, making the person who commits the act liable to legal action.

Principal Authorization

The granting of authority by a principal to an agent to perform acts or make decisions on the principal's behalf, often within a specific scope.