Question : ______________ refers to the external trends and changes that will hinder's a firm's performance.
Option 1: Opportunities
Option 2: Threats
Option 3: Warning signals
Option 4: Business environment
Answer (1)
20th Jan, 2024
Correct Answer: Threats
Solution :
Threats refers to external trends and changes that will hinder a business performance. The businessmen who are able to scan and understand the business environment on time get a warning signal to deal with the constraints or the negative policies of business environment.
Hence, option 2 is the correct answer.
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