Question

you are the owner of a beauty salon. give two examples of opportunities and threats your business may face and motivate your answer

Answer 1

1. Another beauty salon opening up across the street that offers lower prices. They would steal away any customers you have that aren't loyal to your business alone.
2. A chance to move to a different location that may be bigger or smaller. It's a huge opportunity to reach more customers, but could also threaten your business due to the sudden change in size, not knowing anyone in the area, and the chance that people hadn't heard about your salon.