The Best Place in a SWOT Analysis to Identify the Threat

question 87

Multiple Choice

The best place in a SWOT analysis to identify the threat of substitute products is in ___________________.

• A) External opportunities
• B) External threats
• C) Internal opportunities
• D) Internal strengths
• E) Internal weaknesses

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Definitions:

Personal Characteristics

Features or qualities that define an individual's identity, such as traits, behaviors, and attitudes.

Behavioural Approach

A method in psychology and management focusing on understanding and influencing human behavior through observation and empirical data.

Contingency Approach

A management theory stating that the best decisions are contingent on the situation and various variables involved.

External Cost

Costs incurred by third parties as a result of an economic transaction, which are not reflected in the transaction's market price, often necessitating government intervention.