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ohaa [14]
3 years ago
14

The business environment consists of several factors that affect a business's ability to be successful and operate profitably.Cr

eating 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 each description and determine which environmental force is being described.
a. Environmental Forces:b. Economic and Legalc. Technologicald. Competitivee. Socialf. Globalg. Businesses:Boarders Booksellers- Boarders Booksellers struggled for years and eventually declared bankruptcy as consumers increasingly turn to downloading books from the Internet rather than buying hard copiesSnap for Seniors- Eve Stern is an entrepreneur who started a business to serve the growing number of older Americans. Snap for Seniors lists housing providers and matches the elderly's needs with facilities.Blackberry- When the BlackBerry phone system quit working, it affected 70 million customers. Those customers turn to other cellphones which offered the reliable service business customers demand, at a lower price.Jeffries Roofing- Tom Jeffries owns Jefferies Roofing company. In his proposals, Tom describes materials to be used and a price. When the customer signs the bid, it becomes an enforceable contract.WalMart- In China, Walmart has nearly doubled in size and made "Made in China" stickers are visible all over Walmart stores in the United States.
Business
1 answer:
Damm [24]3 years ago
7 0

Answer:

1. technological

2. Social

3. Competitive

4. Economic and legal

5. Global

Explanation:

environmental forces can be defined as those factors that have the ability to affect or influence how an organization or business operates.

based on the question, 5 environmental forces have been identified with each:

<u>1. Technological</u>

for Booksellers- Boarders, they eventually went bankrupt because of technological advancement that has made books readily available on the internet. so people easily go for these soft copies rather than the hardcopy that they used to.

<u>2. Social</u>

Snap for Seniors- Eve Stern is an entrepreneur who started a business. this is a social environment force that is involved in serving the needs of the elderly.

<u>3. Competitive</u>

blackberry- When the BlackBerry phone system quit working, it affected 70 million customers. Those customers turn to other cellphones which offered the reliable service business customers demand, at a lower price. customers are always likely to go to the side of the competition where prices seem to be fairer.

<u>4. Economic and legal</u>

Jeffries Roofing- Tom Jeffries owns Jefferies Roofing company. In his proposals, Tom describes materials to be used and a price. When the customer signs the bid, it becomes an enforceable contract.

<u>5. Global</u>

WalMart- In China, Walmart has nearly doubled in size and made "Made in China" stickers are visible all over Walmart stores in the United States.

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Answer:

Market share liability

Explanation:

Market share is the fraction or percentage that will be taken of the total available market or the market segment that is being supplied by the company. The responsibility for market share or market share liability is a rule originating in the United States of America, regarding the proof of the causal link and the responsibility of a plurality of causes of the damage.

Under this rule, when it is probable that a plurality of manufacturers of a particular product have caused damage, but it cannot be known for sure who among them caused it to a specific victim, they all respond in proportion to their respective market share . Faced with the possibility of allowing victims to remain empty-handed and manufacturers do not respond at all, or to the fact that they all have to respond jointly, the responsibility for market share may constitute an intermediate route that ensures that the victim can obtain some compensation in proportion to the probability that the defendant caused the damage

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3 years ago
The Donaldson Furniture Company produces three types of rocking​ chairs: the​ children's model, the standard​ model, and the exe
Nataly_w [17]

Answer:

Children's model = 7

Standard model = 9

Executive model = 13

Explanation:

Let a = number of children's model

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c = number of executive model

According to the question given, the time allocation is as follows;

Cutting; a = 5 hr     b = 4hr     c = 7hr, Maximum hours = 162 hours

Construction; a = 3 hr     b = 2hr     c = 5hr, Maximum hours = 104 hours

Finishing; a = 2 hr     b = 2hr     c = 4hr, Maximum hours = 84 hours

We can therefore derive the equations.

5a + 4b + 7c = 162     (i)

3a + 2b + 5c = 104     (ii)

2a + 2b + 4c = 84     (iii)

Subtracting (iii) from (ii), a + c = 20, a = 20 - c     (iv)

Substituting (iv) into (ii)

60 - 3c + 2b + 5c = 104

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2b = 18; b = 9

Since b + c = 22,

c =22 - 9 = 13

Also, a + c =20

a = 20 - 13 = 7

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