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Minimizing Threats and Maximizing Business Opportunities

by | Mar 26

a. Identify one threat and one opportunity for each of the external environment factors

1) Competitive
2) Regulatory

b. Identify strategies from organizations that minimize the each of the threats and maximize each of the opportunities identified from the external environment.

One threat from the external environment factor competitive, is the threat of competition from other organizations that are similar to your organization, and offer services in a similar fashion at a similar price. This external factor also offers an organization the opportunity to improve their services and organizational efficiency, due to the …

The solution discusses minimizing threats and maximizing business opportunities.



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