Which term describes external opportunities for growth or profit?

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Multiple Choice

Which term describes external opportunities for growth or profit?

In SWOT analysis, opportunities are external circumstances that could help a business grow or increase profits. They come from outside the organization—think rising market demand, new technologies, regulatory changes that open doors, partnerships, or shifts in consumer behavior. Recognizing these opportunities lets a business plan to exploit them, such as launching a product to meet a growing need or entering a market where competition is weak. Threats describe external challenges that could hinder success, strengths are internal advantages, and Progress Review isn’t a SWOT term. So the best match for external chances for growth or profit is opportunities.

In SWOT analysis, opportunities are external circumstances that could help a business grow or increase profits. They come from outside the organization—think rising market demand, new technologies, regulatory changes that open doors, partnerships, or shifts in consumer behavior. Recognizing these opportunities lets a business plan to exploit them, such as launching a product to meet a growing need or entering a market where competition is weak.

Threats describe external challenges that could hinder success, strengths are internal advantages, and Progress Review isn’t a SWOT term. So the best match for external chances for growth or profit is opportunities.

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