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External opportunities and threats are the elements that are related to the SWOT analysis of an organization. External opportunities are basically an incentive for the organization to improve its performance and provide competitive advantage to the organization in the market. The relevance of the external opportunities and threats is explained in External Opportunities and Threats Assignment Help. External threats are all those things from the organizations outside environment that can hinder its performance and can also affect the achievement of its objectives. If the far-sightedness of the organization is decent, then it can fruitfully make use of all the opportunities that are to come in the future. On the other hand, it is quite ironical to know that the larger organizations are more prone to threats than the smaller organizations because success always lures envy and competition.Clients looking for various notes regarding External Opportunities and threats can refer External Opportunities and Threats Assignment Help.
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Various examples of External Opportunities and threats
The various examples of External Opportunities and threats are explained in External Opportunities and threats Assignment Help as follows
• In United Kingdom, during the unavailability of the resources such as gas, electricity and water provided an opportunity for the utilities organizations to provide their clients any type of service that they feel worthwhile. So this in turn provided an opportunity for the water companies to sell insurance and the electricity companies to supply domestic gas. The following points given in the External Opportunities and threats Assignment Help illustrates about the examples of the External Opportunities and threats.
• In January 2007 the European Union passed a legislation that forced all the suppliers of electrical goods to comply with the new waste disposal legislation. So this provided the apt opportunity for all those companies that provided consultancy. As a result benefitting them in a huge proportion.
• The threats can greatly affect the performance of the organization. Such as if the suppliers increase their prices, transport costs and even blend the terms and conditions in such a way that is harmful to us, then this change is probably brought about because of the change in their own external environment such as the increase in the raw material and labor costs.
• Similarly a change brought about in the internal market itself can change the dynamics of the market and can pose a threat to the existing organizations. This happens when there is a new entrant in the market which provides better services in comparison to the existing ones such as the Apple iTunes changed market for recorded music.
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