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Question
- what are the dangers of focusing on only internal or external challenges, rather than both?
Focusing only on internal challenges may lead to ignoring market - trends and opportunities. Ignoring internal challenges while focusing on external ones can cause inefficiencies and weaknesses within the organization. A balanced view is needed for overall success.
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Focusing only on internal challenges can make an entity oblivious to external opportunities and threats, like a company missing out on new market trends. Focusing solely on external challenges may leave internal inefficiencies unaddressed, such as poor internal processes or low employee morale, which can ultimately undermine the ability to face external challenges effectively.