Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 1, Problem 24CC
Summary Introduction
To determine: The environment that affects business and how it affects a small electronics manufacturer located in Portland Oregon.
Introduction: The term business is defined as the planned exertion of people to manufacture and trade, for revenues, the goods and services that fulfill the requirements of the people. A business must be designed in such a way that it is managed efficiently, gratify the needs and should make profits.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
List the different environments that affects business?
How do you currently describe the business climate locally, regionally, and globally? What are the implications for the companies in the same industry as your CLC group’s company? Explain why. Explain and cite examples using Google Scholar.
How do you currently describe the business climate locally, regionally, and globally? What are the implications for the companies in the same industry as your CLC group’s company? Explain why. Explain and cite examples.
Chapter 1 Solutions
Foundations of Business - Standalone book (MindTap Course List)
Ch. 1 - Prob. 1CCCh. 1 - Prob. 2CCCh. 1 - Prob. 3CCCh. 1 - Prob. 4CCCh. 1 - Prob. 5CCCh. 1 - Prob. 6CCCh. 1 - Prob. 7CCCh. 1 - Prob. 8CCCh. 1 - Prob. 9CCCh. 1 - Prob. 10CC
Ch. 1 - Prob. 11CCCh. 1 - Prob. 12CCCh. 1 - Prob. 13CCCh. 1 - Prob. 14CCCh. 1 - Prob. 15CCCh. 1 - Prob. 16CCCh. 1 - Prob. 17CCCh. 1 - Prob. 18CCCh. 1 - Prob. 19CCCh. 1 - Prob. 20CCCh. 1 - Prob. 21CCCh. 1 - Prob. 22CCCh. 1 - Prob. 23CCCh. 1 - Prob. 24CCCh. 1 - Prob. 25CCCh. 1 - Prob. 1DQCh. 1 - Prob. 2DQCh. 1 - Prob. 3DQCh. 1 - Prob. 4DQCh. 1 - Prob. 5DQCh. 1 - Prob. 6DQCh. 1 - Prob. 7DQ
Knowledge Booster
Similar questions
- Describe the types of businesses that would be able to thrive without having to do a lot of environmental scanning.arrow_forwardWhy it is important for business enterprises to understand their environment? Explain briefly.arrow_forwardDescribe how the internet has helped a certain business operate more efficiently. Could you provide an example and describe its likelihood of being profitable?arrow_forward
- What further difficulties do you anticipate, taking into account how the epidemic and contemporary technology have changed the very nature of business?arrow_forwardThe devastating impact of COVID-19 has forced companies to make the tough decision to either shut down their operations or pivot to a new business strategy. Given the current situation, what other ways companies can operate?arrow_forwardDiscuss why you think the business failed and what could have been done differently to keep the business operational.arrow_forward
- Search for the following persons on the internet. What did they solve? State your answers straight to the point. This subject is entrepreneurship 1. Mark Zuckerberg 2. Larry Page and Sergey Brin 3. Ryan Blair 4. Dr. Drearrow_forwardGive a brief description of each of the 5 environments within business?arrow_forwardWhat trends or impending changes are likely to take place in the future that could potentially impact your organization? Are there legal issues such as taxes or pending legislative considerations that could change how you do business? What social issues are changing? and, how could such changes negatively impact your business? Are there potential windfalls to be prepared for if certain social trends continue or become major laws?arrow_forward
- intro to business: explain in 2 or 3 paragraphs Explore the role and relationship of business with the external environment.arrow_forwardWhat is the importance of new businesses? Give 3 management policies you could integrate in a food stall business that would help advance human dignity of customers, employees, and other stakeholders?arrow_forwardWhat four environmental trends provide the richest sources of new business ideas? List each environmental trend and provide an example of the type of business idea that it might createarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning