Final answer:
The term for careful consideration of factors that could harm a company is called risk assessment, a key aspect of strategic planning and risk management.
Step-by-step explanation:
Careful consideration of internal and external factors that may cause harm to a company is called risk assessment. This process is crucial for businesses to identify potential threats and vulnerabilities that can impact their operations, financial stability, and overall success. A thorough risk assessment involves evaluating various elements such as market trends, competitive dynamics, regulatory changes, technological updates, and natural disasters, among others, which could adversely affect the organization. It is part of strategic planning and risk management strategies that companies undertake to mitigate potential hazards and prepare contingency plans.