The 'market saturation' can be the best classified as?
Correct answer: B. potential Threats
- A. potential opportunities
- B. potential Threats
- C. potential Strengths
- D. potential WeaknessesPhysical Asset Management
Explanation
Market saturation limits further growth because most potential customers are already served, making it an external threat. It is not an internal weakness, which concerns the firm’s own resources or capabilities.
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About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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