Which of the following components focuses on factors external to the organization? *ThreatsStrengthsWeaknessesOpportunities

To identify which component focuses on factors external to the organization among the options given (Threats, Strengths, Weaknesses, Opportunities), we can analyze each term in the context of a common framework known as SWOT analysis.

1. Strengths: These are internal factors that provide an advantage to the organization, such as resources, capabilities, or competitive edges.
2. Weaknesses: These are also internal factors that represent areas where the organization may be lacking or disadvantaged compared to its competitors.
3. Opportunities: These factors are external and refer to favorable situations in the environment that the organization can capitalize on for growth or improvement.
4. Threats: These are external challenges or obstacles that could hinder the organization’s performance or objectives.

Conclusion

The components that focus on factors external to the organization are Opportunities and Threats. Opportunities indicate potential for growth or favorable conditions, while Threats signal risks or challenges arising from the external environment. Thus, both factors are crucial for strategic planning.