response needed-q2
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responseneeded-d2.docxArticle 1:
QUESTION: How would one distinguish between an organizational weakness and a threat to the organization?
If you tackle the current weakness and future threats of an organization then you will achieve tremendous growth. Weakness is considering from the inside of an organization while threats are from the outside environment. You can also consider the opponent who is owning the same business as yours as a threat to your organization.
Consider a company which produces goods at a low price so that they will accommodate all the middle-class peoples. But by such behavior, they will not able to gain the high class or upper-class buyers. Even though your organization is able to cover most of the public. But the major problem we see here is, if such company try to correct their weakness then they will lose their precious customers. For example, Wal-Mart has its own clothing department which sells the clothes at an affordable price and hence they are successfully able to gain middle-class customers. But if Wal-Mart starts selling their clothes on the price of Zara clothing they will not only loss their gained customer but also not able to attract the custom QUESTION: How would one distinguish between an organizational weakness and a threat to the organization?
ers who used to purchase clothes from Zara’s.
If you are running the business, then you are not only one who is running the unique business. Your opponent is a threat to your organization. The organization always need to remain two steps forward for the growth of a company. It is best practice to implement new effective strategies by launching or upgrading existing product so that you can increase your customer and maintain a good relationship with them. For example, you are planning to purchase a Toyota Camry or Honda Accord, then if you will check on the price. Since both of them are very in less amount of price the features as compare to each other. The customer will try to visit both the store before purchase. At that time the organization needs to play smart to sell his car to them.
Article 2:
QUESTION: How would one distinguish between an organizational weakness and a threat to the organization?
Weakness: The failure which can use as the firm weakness in the atmosphere, process, branch and many more. The human resource department is weak by which some people do not get the service. There is a lack of potential barriers in the competition of the company which uses for the economic profit or firm's strategy. As there are many examples of weakness in the firm like a company is too large, composite structure and the competitive edge in which the competes are small and more powerful companies. Defects can exist in different elements as well similarly as you can harbor dangers.
In occupational, director’s measure which known and distrusted risks and weaknesses over all the applicable associations are trying to review the overall exposure factors formerly embraced a particular movement. Different vulnerabilities can happen if an organization has higher working expenses than contenders who make a single item from the least dimension of representatives. The incredible institutional highlights referenced above can be powerless if the organization does not function admirably (Zeid, 2015).
Threats: The threat came when associated with the results of market study and future valuation for these threats on the market and other causes. The same product that is competing with your firm is few, and the value of your product can be abridged quickly on the market. Threats from new products or services may come from other corporations aimed at removing rivalry from a competitive company. Risks are also seen in administration controls or user groups. Opportunities in current markets indicate potential growth and success if the company uses them efficiently. People, gatherings or associations without an organization are threatened to diminish the organization's execution. All organizations face dangers in their general vicinity. Active organizations frequently have potential hazards since specific organizations want to get one of these accomplishments (Osita, R., & Justina, 2014).
