In SWOT analysis, rising costs of resources can be classified as which particular aspect?

In SWOT analysis, rising costs of resources are classified as a threat because they represent external challenges that could negatively impact an organization's ability to operate efficiently and maintain profitability. A threat in this context refers to any external factor that can hinder success or lead to unfavorable conditions for a business. Increasing costs can affect budget allocations, pricing strategies, and overall competitiveness in the market, making it difficult for an organization to achieve its objectives.

On the other hand, strengths are internal attributes that give an organization an advantage, while weaknesses are internal limitations or areas for improvement. Opportunities are favorable external conditions that a business can exploit for growth or advantage. Rising resource costs do not fall into any of these categories, as they don't provide beneficial conditions or reflect the organization's internal capabilities. Instead, they pose challenges that must be managed effectively.