Why Must Successful Managers Recognize Opportunities and Threats in Their

question 3

Multiple Choice

Why must successful managers recognize opportunities and threats in their company external environment?

• A) If they miscalculate the market, opportunities will be lost.
• B) If they misread the market, they are likely to become rich.
• C) If they identify all of the environmental threats, they are guaranteed to acquire large market share.
• D) If they identify all of the environmental opportunities, they are guaranteed to acquire large market share.

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Definitions:

Spongy Bone

Also known as cancellous or trabecular bone; a less dense, more porous form of bone found at the ends of long bones and in the vertebrae.

Trabeculae

A network of bony fibers in spongy bone that adds strength and supports the marrow.

Compact Bone

The dense, hard outer layer of bone that provides strength and support and contains passageways for blood vessels and nerves.

Red Bone Marrow

A type of bone marrow that produces red blood cells, white blood cells, and platelets.