Which of the following would NOT be a likely threat in your SWOT analysis?Select one:a.New competitor in the marketb.Competition is fasterc.Competitors cost mored.Technical deficiency
Question
Which of the following would NOT be a likely threat in your SWOT analysis?Select one:a.New competitor in the marketb.Competition is fasterc.Competitors cost mored.Technical deficiency
Solution
The option that would NOT be a likely threat in your SWOT analysis is "c. Competitors cost more". This is because if your competitors are charging more for the same product or service, it could actually be an opportunity for your business to attract customers looking for a more affordable option. The other options (a new competitor in the market, competition being faster, and technical deficiency) could all potentially pose threats to your business.
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