Which is an example of a demographic trend?
The aging of the population
Shifting political climates
Rising interest rates
A concern for fitness and health
Which example illustrates how environmental factors are interrelated?
The economy affects what competitors are doing.
New legislation will be written in the future.
Low investor confidence heavily impacts financial planners.
The economy affects banking institutions.
When conducting an environmental scan, which is an economic factor that a business should consider?
Consumer spending habits
Global trade regulations
Local demographics
Restricted sales territories
Which statement is true about a business environment?
It can be avoided.
It is always changing.
It consists of the economy and technology.
It may not affect the business, depending on the industry.
