Think of the following situation: Demand for Oil is down and Supply of Oil is up with the threat that supplier groups (ex. OPEC) may reduce supply. Identify industries where this situation represents an opportunity and where this represents a threat. Justify your position.
Expert Answer
Industry where this scenario represents opportunity
Industry where this scenario represents a threat
Threat of OPEC nations reducing supply can possibly give the oil exploration industry more opportunities to grow.
Low demand, and higher supply may lead to lower oil processes, which may cause an intermittent push for automobile sales
The electronic vehicle industry will witness a
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