External Factors in a Firm's Strategic Environment Which Have a Potential

question 32

Multiple Choice

External factors in a firm's strategic environment which have a potential negative impact are called ____.

• A)hindrances
• B)weaknesses
• C)alarms
• D)threats

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Definitions:

Unenforceable

Describes a term, agreement, or contract that cannot be legally upheld or compelled by law.

Procedural Rules

Regulations or guidelines governing the processes and procedures of legal, governmental, or organizational activities to ensure fairness, efficiency, and consistency.

Administrative Agencies

Government bodies responsible for the regulation and oversight of specific areas of public and economic policy.

Legislation

Laws passed by a governing body, such as a parliament or congress, that regulate, authorize, forbid, or sanction certain actions.