SevenCloud Inc

question 47

Multiple Choice

SevenCloud Inc., a soft drink company, provided service to fair amount of customers for a whole year until a new company called Sparkle Inc.came up.Sparkle provided flavored water as a new product in the beverage market.Customers were eager to try out this new product and purchased it because they believed that it a better substitute for aerated beverages.SevenCloud was afraid that if the trend continued, it would soon run the risk of going out of business.In this scenario, which of the following did SevenCloud Inc.experience?

• A) Opportunity
• B) Threat
• C) Weakness
• D) Merger

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Definitions:

Legal Context

The framework of laws, regulations, and legal principles that govern particular situations or actions.

Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Human Resource Management

The strategic approach to managing a company's workforce, focusing on attracting, hiring, training, and retaining employees.

Employee Benefits

Non-wage compensations provided to employees in addition to their normal salaries or wages, such as health insurance, paid vacation, and retirement plans.