Answer to Question #189541 in Economics for ntombi mshango

Question

A ___________ refers to a limitation of the business that places it at a disadvantage; whereas a __________ refers to an aspect of a business that provides it with an advantage in its internal business environment.

1 threat; strength

2 threat; opportunity

3 weakness; strength

4 weakness; opportunity

Answer 1

Strengths: characteristics of the business or project that give it an advantage over others.

Weaknesses: characteristics that place the business or project at a disadvantage relative to others.

So, the correct answer is 3.