Recent global developments have focused on climate change and the need for sustainability activities in business enterprise. With the onset of Covid-19, many businesses have been forced to alter their operations to respond the changing demand of its consumers. With this in mind, explain how changes in the external environment affects the Operations strategy for the Tobago Tourism industry. Ensure you use they following external factors in your analysis: (I) Changes in the price of oil and gas (II) Water and air-quality legislation (III) Fewer experienced employees in the labour market (IV) Inflation (V) Legislation regarding carbon emission and greenhouse gases.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Recent global developments have focused on climate change and the need for sustainability activities in
business enterprise. With the onset of Covid-19, many businesses have been forced to alter their operations to
respond the changing demand of its consumers. With this in mind, explain how changes in the external
environment affects the Operations strategy for the Tobago Tourism industry.
Ensure you use they following external factors in your analysis:
(I) Changes in the price of oil and gas
(II) Water and air-quality legislation
(III) Fewer experienced employees in the labour market
(IV) Inflation
(V) Legislation regarding carbon emission and greenhouse gases.
Transcribed Image Text:Recent global developments have focused on climate change and the need for sustainability activities in business enterprise. With the onset of Covid-19, many businesses have been forced to alter their operations to respond the changing demand of its consumers. With this in mind, explain how changes in the external environment affects the Operations strategy for the Tobago Tourism industry. Ensure you use they following external factors in your analysis: (I) Changes in the price of oil and gas (II) Water and air-quality legislation (III) Fewer experienced employees in the labour market (IV) Inflation (V) Legislation regarding carbon emission and greenhouse gases.
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