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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.

Foundations of Business - Standalone book (MindTap Course List)
Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter16: Mastering Financial Management
Section: Chapter Questions
Problem 1DQ
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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: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.
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
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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