Understanding Business
Understanding Business
12th Edition
ISBN: 9781260092332
Author: Nickels
Publisher: McGraw-Hill Education
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Chapter 13, Problem 4CT
Summary Introduction

To think critically about: The needs that are not met by businesses, whether there are enough people with similar needs to attract an organization and the way it can be found out.

Introduction: Marketing is an activity in which set of programs are created, communicated, delivered and exchanged so that value can be added for the customers and other clients as a whole.

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1. Identify and discuss at least three important social factors that have contributed to the growth of recreation & leisure concerns over the past several decades. 2. What are the special meanings and values of recreation and leisure for different population groups in modern society based on socioeconomic, age, gender or ability/disability factors? 3. Why should leisure service professionals be expected to have an understanding of the history, psychology & sociology of recreation & leisure? 4. What do you regard as some of the most critical challenges facing recreation leisure service agencies and practitioners in the years that lie ahead? Justify your response.
What factors would you consider when promoting people into higher paying jobs?
List an example opportunity and threat for a business in each category. Please be as specific as possible. Political factors Economic factors Sociocultural factors Technological factors Environmental factors Legal factors
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