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Which of the following best describes the 'Threats' component in SWOT analysis?
Correct Answer: B — External factors that could harm the business
The correct answer is B: External factors that could harm the business.
In SWOT analysis, Threats are external factors beyond the organization's control that could negatively impact its performance. Examples include increased competition, regulatory changes, economic downturns, and technological disruptions. Unlike weaknesses, threats originate from the external environment.