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Question : Which of the following is an example of an external threat in SWOT analysis?

Option 1: Skilled workforce
   

Option 2: Technological advancements
   

Option 3: Economic recession

  

Option 4: Strong brand reputation


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Economic recession


Solution : The correct answer is (c) Economic recession

In SWOT analysis, external threats refer to factors outside of the organization's control that have the potential to negatively impact its performance or objectives. These threats arise from the external environment and can pose challenges or risks to the organization's success.

Economic recession is an example of an external threat as it represents a downturn in the overall economy. During a recession, consumer spending tends to decrease, demand for products or services may decline, and businesses may face financial constraints. This can affect the organization's sales, revenue, profitability, and overall business operations.

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