the owners of blazing pitchforks, a family-owned farm supply outlet in a rural community, are concerned over the news that a large retailer specializing in farm and garden products is building a new store on the other side of town. according to a swot analysis, this new retailer is an organizational ________ to blazing pitchforks.

Respuesta :

Answer:

Threat

Explanation:

According to the SWOT analysis, this new retailer is an organizational threat to Blazing Pitchforks.

SWOT analysis is a management tool that helps an organization to analyze its strategic position in the market in relation to its:

  • microenvironment
  • macroenvironment

SWOT analysis is an acronym that stands for:

  1. Strength
  2. Weaknesses
  3. Opportunities
  4. Threats

In relation to the organizational environment.

In the internal environment, the strengths and weaknesses that it is possible to control through the management of resources and capabilities, such as:

  • marketing
  • finance
  • production
  • organization

Are analyzed for strategic development that results in a competitive advantage over competitors.

The external environment, on the other hand, corresponds to factors outside the organizational limit, which it is not possible to control but which have some impact on its activities, such as economic, political and entry of new competitors, such as the large retailer which will compete with the Blazing Pitchforks, which may impact its profitability.

Therefore, it is necessary to monitor the external environment, opportunities and threats, for the development of an adaptable and innovative strategic plan to reduce negative impacts related to the external environment.

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