In a SWOT Analysis, Potential External Threats Are Harmful When

question 57

True/False

In a SWOT analysis, potential external threats are harmful when they identify all threats or risks detrimental to your organization, including new market entrants, substitute products, employee turnover, differentiating products, shrinking markets, adverse changes in regulations, economic shifts, and so on.

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Definitions:

Devil's Advocate

A person who adopts a contrary position for the sake of argument or to explore the validity of a perspective.

Team Meetings

Gatherings of team members to discuss progress, strategies, and issues within a project or organization.

Founding Team

The original group of individuals who establish a company, working together to bring the business concept to reality.

Passion

An intense positive emotion, which is usually related to entrepreneurs who are engaged in meaningful ventures, or tasks and activities, and which has the effect of motivating and stimulating entrepreneurs to overcome obstacles and remain focused on their goals.