Forces Affecting Business in Today's Dynamic Environment

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The business environment consists of several factors that affect a business's ability to be successful and operate profitably. political$/$regulatory$/$legal 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 the descriptions of each company, then match it with the appropriate environmental force.

$1$

Global

$2$

Social

$3$

Political$/$Regulatory$/$

$4$

Technological

$5$

Competitive

Match each of the options above to the items below.

Jeffries Roofing: In its proposals, Jeffries Roofing describes the materials to be used and the price. When a customer signs a bid, it becomes an enforceable contract

Borders Booksellers: As customers began downloading digital books and music from the Internet, Borders struggled for years and eventually declared bankruptcy.

$q,$

BlackBerry: When the BlackBerry phone system quit working, $70$ million customers were affected. Many of those customers turned to other cell phone providers that offered the reliable service business customers demand, often at a lower price.

Snap for Seniors: Entrepreneur Eve Stern started a business to serve the growing number of older Americans. Snap for Seniors lists housing providers for seniors and, based on individual needs, matches them with elderly clients.

Walmart: In China, Walmart has nearly doubled its presence, and U$.$S$.$ Walmart locations now offer a range of products that are made in China.