Read the descriptions of each company, then match it wit the appropriate environmental force. 1 Global 2 Social 3 Technological Economic and legal Competitive Match each of the options above to the items below. Jeffries Roofing: In its proposals, Jeffries Roofing describes the materials to be used and the price. When a customer signs a bid, it becomes an enforceable contract. Borders books and music: As customers began downloading digital books and music from the Internet, Borders struggled for years and eventually declared bankruptcy. Blackberry: When the Blackberry phone system quit working, 70 million customers were affected. Many of those customers turned to other cell phone providers that offered the reliable service business customers demand, often at a lower price. Snap for Seniors: Entrepreneur Eve Stern started a business to serve the growing number of older Americans. Snap for Seniors lists housing providers for seniors and, based on individual needs, matches them with elderly clients. Walmart: In China, Walmart has nearly doubled its presence, and U.S. Walmart locations now offer a range of products that are made in China.
Read the descriptions of each company, then match it wit the appropriate environmental force. 1 Global 2 Social 3 Technological Economic and legal Competitive Match each of the options above to the items below. Jeffries Roofing: In its proposals, Jeffries Roofing describes the materials to be used and the price. When a customer signs a bid, it becomes an enforceable contract. Borders books and music: As customers began downloading digital books and music from the Internet, Borders struggled for years and eventually declared bankruptcy. Blackberry: When the Blackberry phone system quit working, 70 million customers were affected. Many of those customers turned to other cell phone providers that offered the reliable service business customers demand, often at a lower price. Snap for Seniors: Entrepreneur Eve Stern started a business to serve the growing number of older Americans. Snap for Seniors lists housing providers for seniors and, based on individual needs, matches them with elderly clients. Walmart: In China, Walmart has nearly doubled its presence, and U.S. Walmart locations now offer a range of products that are made in China.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Transcribed Image Text:Read the descriptions of each company, then match it wit
the appropriate environmental force.
1
Global
2
Social
3
Technological
4.
Economic and legal
Competitive
Match each of the options above to the items below.
Jeffries Roofing: In its proposals, Jeffries
Roofing describes the materials to be used and
the price. When a customer signs a bid, it
becomes an enforceable contract.
Borders books and music: As customers began
downloading digital books and music from the
Internet, Borders struggled for years and
eventually declared bankruptcy.
Blackberry: When the Blackberry phone system
quit working, 70 million customers were
affected. Many of those customers turned to
other cell phone providers that offered the
reliable service business customers demand,
often at a lower price.
Snap for Seniors: Entrepreneur Eve Stern
started a business to serve the growing number
of older Americans. Snap for Seniors lists
housing providers for seniors and, based on
individual needs, matches them with elderly
clients.
Walmart: In China, Walmart has nearly doubled
its presence, and U.S. Walmart locations now
offer a range of products that are made in
China.
Transcribed Image Text:Forces Affecting Business in Today's
Dynamic Environment
The business environment consists of several factors that
affect a business's ability to be successful and operate
profitably.
Creating the right business environment is the foundation
for social benefits of all kinds. Businesses operate in a
dynamic environment that consists of economic,
technological, competitive, social, and global factors.
Businesses normally can't control their environment or the
changes that occur, but they need to monitor it carefully
and do what they can to adapt to the changes.
Read the descriptions of each company, then match it with
the appropriate environmental force.
1
Global
Social
3
Technological
4
Economic and legal
5
Competitive
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