Question

Brendan and Sean combined their love of baseball with a business venture. They purchased a small cart and began selling memorabilia outside of their hometown stadium. Their first year went well, but the past two years have been quite a struggle. Due to poor economic conditions and the team’s horrible record, ticket sales at the stadium are down, which has significantly hurt their sales as well. As a recent business graduate, you explain to Brendan and Sean that:

Answer 1

Answer: As a recent business graduate, you will explain to Brendan and Sean that the "environmental circumstances are tough and dynamic to control" in business.

Explanation:

Since the team is doing horribly and the economic conditions in the area are poor, people can't afford to purchase tickets to see the games anymore. Since people aren't visiting the stadium they are not making money on memorabilia sales.

Since the environmental factors can't be determined for the future, they will need to base business decisions on their assumptions for the future of the stadium. Since nothing ever stays the same, Brendan and Sean will have to adapt and change the way they do their business.

They can possibly open an online store, go to different locations in the state, or expand their business to other sports or teams.