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kicyunya [14]
3 years ago
5

The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify factors that might have a

significant influence on Alpha's business operations. Which of the following concepts is illustrated in the scenario?
Business
1 answer:
dusya [7]3 years ago
3 0

Answer:

Environmental scanning

Explanation:

Environmental scanning is when information is being gathered about external forces inorder to know the factors that have impacts on a business. It is  also the gathering of information on situations which allows a business create and build good customer relationship.

Business environments are dynamic and could have impacts on the success of a firm hence requires business scanning inorder to align with the trend. One the purpose of environmental scanning is to provide future business directions to an organization and also assist in analyzing the strength, weakness, opportunities and threats to an organization.

Factors that might have significant influence on business operation includes but not limited to social and demographic factors, how competitors are reacting, technology, how well customers are reacting to the company's products, creditors, legal issues etc.

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When a country can produce a product more cheaply than its trading partners, it is known as __________?
Mashutka [201]
When a country can produce a product more cheaply than its trading partners, it is known as: <span>comparative advantage
For example, United States often imported exotic fruits from Brazil. Since Brazil is a tropical country, the cost in producing exotic fruits will be significantly lower compared to growing it in the United States. Therefore, we can say that brazil has a comparative advantage in this product compared to united states.</span>
7 0
3 years ago
Which of the following is not one of the main factors that contribute to fraudulent activity?
Reil [10]

The correct answer is choice b, incompatible duties.

There are three primary reasons why people commit fraudulent activity, which is represented in the Fraud Triangle. The three primary factors that lead to fraud are opportunity, financial pressure and rationalization.

7 0
4 years ago
Javier left his home country to become a gardener for a family in a suburb of San Francisco, California. One of the benefits of
mario62 [17]

Answer: socialist economic system

Explanation: In simple words, a socialist system refers to the system in which the forces of demand and supply are heavily controlled by the government. In such economies, the goods and services are produced with an objective of social welfare and not generation of profit like in capital economy.

In the given case, the home country of Javier provided the service of public transportation at lower prices unlike in California.

Hence from the above we can conclude that the correct answer is socialist economic system.

8 0
3 years ago
Recently, much of the Western United States experienced drought conditions and water usage was restricted in Denver. Yet, even t
koban [17]

Answer: Price inelastic

Explanation:

The residents of Denver behave in a price inelastic manner to changes in price of water as observed in the question.

A price inelastic demand behavior is one in which changes in price of a commodity does not in any way influence the demand behavior of buyers in a market.

7 0
4 years ago
Why do his parents want joey and his girlfriend to wait a few years before starting a family
loris [4]
What are the options but I would assume it depends on how young they are
3 0
4 years ago
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