Question

When Miami Herald launches a Spanish-language newspaper, El Nuevo Herald, with articles emphasizing Hispanic, Cuban, and Latin American news and sports, it is responding to changes in _____ environment.

Answer 1

Answer:

Business/Market

Explanation:

When Miami Herald launches a Spanish-language newspaper, El Nuevo Herald, with articles emphasizing Hispanic, Cuban, and Latin American news and sports, it is responding to changes in business environment.

Business or Market Environment refers to the sum of all internal and external factors that could affect the revenue of the business, although in some cases business environment is more focused on the external environment. However, it covers considerations such as employees, customers needs and expectations, supply and demand, management, clients, suppliers, owners, government activities, innovation in technology, social trends, market trends, economic changes, etc

Changes in the business environment could be defined as: 'advancement in technologies, new products and innovation, and also population shifts.

Miami Herald is launching the Spanish language newspaper because population shifts have led to having more Spanish-speaking people in Miami and a careful understanding of customer needs, demands and social trend have indicated that there is a change in the business marketing environment which needs addressing by the launch of the newspaper.