Threats are all the negative elements that may occur, and they can have an impact on implementation your idea. Threats they are external elements on which we have no impact.
Threats like the chance to relate to the future.
Examples of threats:
- The crisis in the market (can happen in the future and may have impact on the realization of an idea)
- Change the law (if our idea depends on the legal regulation which may change in the future. You have no control of that).
How to distinguish Threats from Weaknesses ?
- Threats are related to an external environment and you have no impact on then. Weaknesses are related to an internal environment and you can have impact on then.
- Threats does not currently exist but may occur in the future. Weaknesses currently exist.