When formulating strategy, Theo Chocolate's managers scan the business environment for factors that will or could impact the company's competitive advantage. Which of the following would pose a threat to Theo? Check all that apply.

Joe Whinney, hires world$-$renowned chocolatier, Jacques Torres, who develops a line of chocolate bars that customers hate and a prominent food blogger features in a post as "Chocolate Fails."

Unlike other chocolate brands, Theo sources their cacao beans directly from farmers in Peru and the Democratic Republic of Congo, incurring greater costs than competitors who purchase from suppliers.

The USDA releases a report about the potential link between chocolate and cancer.

Theo Chocolate employees attempt to form a union, seeking better pay and benefits.