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Minimizing Threats and Maximizing Business Opportunities

a. Identify one threat and one opportunity for each of the external environment factors

1) Competitive
2) Regulatory

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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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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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