areas of threat and opportunities

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Accepted Answer

Areas of threat and opportunities in the industry include technological advancements, market competition, regulatory changes, and globalization.

Technological advancements can pose a threat if not adopted quickly enough, but also provide opportunities for efficiency and innovation.
Market competition can be a threat to smaller companies, but also drives innovation and improvement.
Regulatory changes can create challenges for compliance, but also open up new markets and opportunities for those who adapt.
Globalization can increase competition, but also allows for expansion into new markets and access to a larger customer base.

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