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Minimizing Threats and Maximizing Business Opportunities

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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.

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The solution discusses minimizing threats and maximizing business opportunities.

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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 ...

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  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
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