Identify Five Potential Indicators of External Threats to a Business

question 17

Essay

Identify five potential indicators of external threats to a business organization for each of Porter's Five Forces: suppliers, customers, competitors, and substitutes/new entrants.

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Definitions:

Civilized

Often used to describe societies that have developed complex institutions, urban development, technological advancements, and cultural practices considered advanced or refined.

Savage

A term historically used to describe a person regarded as primitive or uncivilized, now considered offensive and outdated.

Pagan

A term used to describe religious beliefs or practices that are outside of the world's main religions, particularly in reference to ancient or polytheistic faiths.

Debt

Money owed by one party, the borrower or debtor, to a second party, the lender or creditor.