What are the major opportunities and threats in the industry that you expect to participate in?
Answers
Answer:
Every situation has two sides, positive as well as negative. Opportunities and threats are external elements which we can not change but we can be prepared for them.
Strength and weakness are our internal elements. With the help of our strength we can creat opportunities and by minimising our weakness we can reduce threats.
Today's world is full of technology and advancement. There are many opportunities we can creat if we update ourselves with new technology. If we adopt and learn new technology according to the situations we will get many opportunities in each type of industry.
Development in each field and booming technology in industry creat alot of threat for people. If we don't learn new technology we will be out of the race and that is the big threat for all of us. There is huge competition in the market. Customers' expectations are changing by every new day so we should update ourselves according to their needs and expectations.